Car lease application

Annual percentage rate

Car leasing

The annual percentage rate is 3,03% on the following (example) conditions:

• asset price, including VAT, 18 000 €;
• down payment of 10%;
• residual value of 25%;
• amount of credit available, including VAT, €16 200;
• floating interest rate 2,45% per annum + 6 months' Euribor (31.12.2021 6-month Euribor rate was – 0,546%; the rate set out in your agreement may change every 6 months; negative Euribor equals to zero;
• contract fee of €225;
• contract period of 5 years;
• number of repayments 60;
• the sum of repayments €14 586,68;
• the total cost of the credit €1 311,72;
• the total sum of the credit €14 811,68.

The rate is calculated on the assumption that the basic amount and the interest will be repaid as monthly annuity payments.
In the case of leasing, you must also take out comprehensive and motor third party liability insurance. The cost of insurance and possible costs of asset registration, state fees, and valuation report fees are not included in the rate of charge.