Quick answer
According to WHEELSTREET data, the most popular way to buy a car on installments in Lithuania is financial leasing, with interest rates starting from 3.9% APR for used cars. Monthly payments for a €15,000 car over 5 years average €280-320, and you can get approved in as little as 24 hours with a minimum 10-20% down payment.
Want to buy a car but don't have the full amount? In Lithuania there are several ways to pay in installments — from leasing at €150/mo. to bank loans.
3 Ways to Buy on Installments
1. Car Leasing (Most Popular)
- Rate: from 1.45% (Swedbank)
- Down payment: from 0% (Mogo)
- Term: 12–84 months
- KASKO required
Example: €20,000 car, 20% down, 60 mo., 4.5% = ~€290/mo.
2. Bank Loan
- Rate: from 6.9%
- Down payment: 0%
- KASKO not required
- Car is yours from day one
3. Operating Lease (Business)
- Payments 20–30% lower
- Return car at end of term
- 100% VAT deductible
Comparison
| Criteria | Leasing | Loan | Rental |
|---|---|---|---|
| Owner | Bank→You | You | Lessor |
| Rate | from 1.45% | from 6.9% | included |
| Payment (€20k) | ~€290 | ~€350 | ~€250 |
Calculate your payment → Leasing Calculator
Best deal? WHEELSTREET compares all banks. ☎ +370 610 33377
