Quick answer
According to WHEELSTREET data — see below for detailed analysis with real prices, comparisons, and expert recommendations.
A car loan is an alternative to leasing in Lithuania. The main advantage: the car is yours from day one. No mandatory KASKO insurance, no mileage limits.
Bank Comparison 2026
| Bank | Rate from | Amount | Term |
|---|---|---|---|
| Swedbank | 6.9% | €500–50,000 | 6–84 mo. |
| SEB | 7.4% | €500–40,000 | 6–72 mo. |
| Luminor | 7.9% | €500–30,000 | 6–72 mo. |
| Bigbank | 8.9% | €500–25,000 | 6–96 mo. |
Loan vs Leasing
| Criteria | Loan | Leasing |
|---|---|---|
| Owner | You immediately | Bank |
| Rate | from 6.9% | from 1.45% |
| KASKO | Not required | Required |
| Down payment | 0% | 10–20% |
| Monthly (€20k) | ~€350/mo. | ~€290/mo. |
Examples
- €10,000 car: 60 mo., 8.9% → ~€207/mo. (Total: €12,420)
- €20,000 car: 72 mo., 7.9% → ~€350/mo. (Total: €25,200)
Calculate your payment → Loan Calculator
Requirements
- Valid ID (passport or residence permit)
- Proof of income (last 3–6 months)
- Lithuanian bank account
Need the best financing deal? WHEELSTREET compares all banks for you. ☎ +370 610 33377
