Leasing

Financial leasing is a type of leasing in which the customer pays the full value of the car in monthly installments and becomes the owner at the end of the lease term. During the leasing period, the customer fully covers the value of the car and pays interest. At the end of the financial lease term, the client receives a deed of termination of the covered liability and re-registers the asset in its own name. Private persons may conclude only financial leasing.

Operating leases are essentially long-term leases. During the lease period, the customer pays the rent, which is the difference between the purchase value of the car and the determined residual value. During the term of the contract, the customer pays only a part of the price of the car, paying for its depreciation or amortization. In the case of a finance lease, the car does not automatically become the property of the customer at the end of the lease term. At the end of the contract, the customer can redeem the car for its residual value (with an additional redemption fee), transfer the redemption right to a third party or return it to the seller.

After you submit the application and provide all the documents required for evaluating the transaction, you will receive a response within 5 business days. We would also like to remind you that if you're interested in car leasing, the calculator helps you quickly estimate preliminary payments and choose the most suitable financing option. If the mentioned period has already passed and you have not received a response, please contact us by phone at +370 5 221 9091.

Citadele Leasing finances the purchase of cars, motor vehicles, commercial vehicles, various types of machinery and equipment. The leased object can be new or used.

Leasing with residual value – a type of leasing where the lessee covers part of the property price specified in the leasing contract during the planned leasing period, and the remaining part of the property price is left to be paid together with the last payment, which is paid by the Lessee himself or the property is bought out by a third party – the buyer (if a buyout contract has been signed).

Leasing without residual value – A way of leasing where the client pays the entire value of the vehicle in equal parts, after which he becomes the owner of the vehicle.
 

According to the agreement between SIA “Citadele Leasing” and AB “Regitra”, clients of SIA “Citadele Leasing” do not need a separate authorization to order the services listed in the document from AB “Regitra”. The agreement is valid only for the services listed in the document:
1.    Change the name, surname, or address details of the current vehicle owner (individual), or the details of a legal entity (without changing the personal/legal entity code, i.e., changing the owner to another owner is not allowed without the separate power of attorney from the Lithuanian branch of SIA “Citadele Leasing”).
2.    Change the vehicle registration data due to a change in color or fuel type.
3.    Specify additional technical data in the vehicle registration certificate, such as CO2 emissions, etc.
4.    Change the license plates to a new combination or obtain new ones to replace the lost ones.
5.    Order a vehicle registration certificate in place of a lost or damaged one.
6.    Order a new vehicle registration certificate.
7.    Order an extension of the validity period of the owner’s registration.
Link to the joint agreement between the Lithuanian branch of SIA “Citadele Leasing” and AB “Regitra”: Susitarimas

Save this agreement on your mobile device or print it out and present it at an AB “Regitra” branch or upload on their website if you order services online.
Instructions on how to order the mentioned services online on the AB “Regitra” website: Instrukcija

If you want to order an AB “Regitra” service that is not listed in the joint agreement between SIA “Citadele Leasing” and AB “Regitra”, please fill out a “other request” form for a separate power of attorney in the Lizingo portale or contact us by email at support@citadele.lt, specifying the leasing contract number and the service you wish to order at AB “Regitra”. The service is paid, more information can be found in our Service Price List: Fees for private clients, Fees for business clients.

You need to submit a request on the leasing portal for the buyout of the car. Upon receipt of the invoice and payment you become the owner of the property and you can then sell the car.

Not older than 15 years at the end of the leasing term.

Before the end of the leasing contract term, it is possible to buy out the property by paying the entire remaining leasing balance. For individuals – free of charge (if variable interest rates are provided in the contract), for legal entities – 1.5% of the unpaid amount, but not less than 150 EUR. Detailed information in the leasing price list.

After paying a larger installment than planned in the payment schedule, you can submit a request for partial/early leasing coverage on the leasing portal. Upon receipt of the request, the payment schedule will be recalculated. You can always find the actual recalculated schedule on the leasing portal. The prepayment fee is set in the SIA “Citadele Leasing“ Lithuanian branch service price list for private clients: Rates for private clients | “Citadele“ Bank, business clients: Rates for business clients | “Citadele“ Bank.

Necessary car registration in Regitra, car owner – leasing company, and you are the vehicle operator.

After the end of the Financial Leasing Agreement and all payments have been made (if there are no debts under other contracts), the client does not need to apply additionally. Upon receiving a message in the system that the client has settled – End documents are issued within 1-2 business days along with instructions on how to submit a property acquisition declaration in the Eketris (Regitra) system. The asset is transferred only to the Lessee. After confirmation, contact Regitra for property registration.

Any type of certificate can be ordered by sending a free-form request by e-mail to info@citadeleleasing.lt. Certificates are prepared within 10 business days from the date of submission of the request. A fee for prepared certificates is applied according to the leasing price list.

7 years or 84 months.

Write a free-form request to support@citadeleleasing.lt, indicating the name, surname and personal code or date of birth, and the contacts to be changed.

Please note that SIA “Citadele Leasing” does not issue permits for travelling with leased vehicles to Russia, Belarus, or Ukraine. 
You do not need our permission when travelling by car within Lithuania and other European Union countries. 
If you plan to travel outside the EU and the Schengen area, prior approval from us is required, as the legal owner of the vehicle is SIA “Citadele Leasing” Lithuanian Branch. You can submit the request by logging in to the leasing portal – select your agreement and fill in the form under “Other requests”. 
When planning your trip, we also recommend checking whether your CASCO insurance is valid in the countries you intend to visit. 
The fee for issuing the permit is specified in our Price List.

Mileage limitation is applied when the asset is financed with a residual value. Before concluding a leasing transaction (Financial Leasing (FL) or Operating Lease (OL)), the residual value and mileage limitation are agreed upon and specified in the leasing agreement. In the case of Financial Leasing (FL), no penalties for mileage limitation will be applied at the end of the leasing agreement if you purchase the car yourself. In the case of Operating Lease (OL), an additional fee may be applied for exceeding the mileage limitation as specified in the agreement or agreed with the dealer to whom the car will be returned. However, it is not necessary to contact the dealer immediately; this can be done at the end of the leasing agreement when you are returning the asset.

You can apply for leasing immediately if there is no transitional period. If there is a gap between leaving your previous job and starting a new one, you need to work for as long as it takes to complete the probation period or receive three salary payments.

When submitting an application for company financing, you also need to provide the following documents:

1. The company's financial statements for the previous year and the last quarter.
2. If the company has been operating for less than two years or has fewer than 2 employees, the shareholder's consent to check personal data.

It is not necessary to inform Citadele Leasing about changed license plate numbers.

Yes — it is possible, but only at the client's request. There are two options (asset price exceeds €15 000): 
(A) “Third‑party verification for funds transfer” (when the third party only transfers the price) — 85 EUR + VAT. 
(B) Full buyout process when the car is purchased by a third party (A separate tripartite Purchase-Sale Agreement is prepared and signed): 

• In Lithuania — “Sale of the asset to a third party in Lithuania”: 1.5% of the residual value, but not less than 250 EUR + VAT. 
• Non‑EU — “Sale of the asset to a third party outside the EU”: 1.5% of the residual value, but not less than 415 EUR + VAT. 

For the full process, contact: support@citadele.lt.