The most convenient way
to purchase a car

Why choose auto24 leasing?

  • Response to your application within one working day.
  • No down payment or comprehensive insurance required.
  • Monthly payments can be distributed to up to 6 years.
  • The car belongs to you.

Submit application

Calculate auto24 leasing monthly payment

15000 €
20000
25000 €
24 months
72 months
72 months
Monthly payment
-
Residual value 25%
-

The calculation is approximate and may differ from the terms and conditions offered to you. Please submit a loan application in order to receive a personal offer.

Down payment from 0 €
Interest rate from 5.9%
Period 24-72 months
The money will be transferred within one working day of entry into the agreement

Applying for auto24 leasing is easy

1
Submit application
Choose a suitable vehicle, log in to Inbank Internet Bank with an ID-card or mobile-ID and fill in the auto24 leasing application.
2
Check terms and conditions, sign the agreement
We will send you the auto24 leasing contract that you can sign with ID-card or mobile-ID. The contract can also be signed at Inbank office. With the agreement, you also authorize Inbank to set up a registered security over your vehicle valid until the end of the credit period.
3
Identify yourself
If you are not a client who has already been identified by Inbank, you need to identify yourself at an Omniva or Inbank office. You can choose the suitable option before you sign the agreement.
Checked
Purchase the vehicle
We will transfer the credit amount to your account within one working day of entry into the agreement. You can then use the money to buy the chosen vehicle.

Transparent expenses

  1. Excellent yearly interest rate from 5.9% to 9.9%, depending on the terms and conditions offered to you.
  2. The agreement fee is 1.5% of the credit amount, min. 190 euros.
  3. The monthly administration fee of the agreement is 2.50 euros, which is included in the monthly repayment.

Requirements for applying for auto24 leasing

  • You are at least 21 years old and an Estonian citizen or holder of a residence permit.
  • Your monthly income is at least 600 euros.
  • Your credit record is excellent.
  • Within 7 days after the credit sum has been transferred, you must submit a copy of the technical passport of the purchased vehicle on e-mail info@inbank.ee.
  • With the auto24 leasing contract, you authorize us to set up a registered security over the purchased vehicle.

The maximum credit amount depends on the applicant’s monthly income and obligations. Monthly repayments are divided equally across the entire contract period, except for the residual value of the vehicle, which is paid together with the last monthly payment. In the case of a temporary residence permit, we can enter into the credit agreement until the expiry date of the residence permit.

Identification

When signing the credit agreement we ask you to visit either Inbank or Omniva office to identify yourself. You will need an identity document (ID-card, passport or residence card) in the course of the identification process. See the locations of Inbank and Omniva offices. The credit sum will be transferred within one working day of entry into the agreement.

Early repayment of the loan

You can repay the entire credit sum or parts of it early at any time. Please submit the relevant application if you wish to terminate the agreement, which allows us to tell you the exact amount that needs to be paid.

The early repayment fee is:

  • 0.5% of the amount to be repaid if less than one year is left until the expiry of the agreement at the moment of the repayment.
  • 1% of the amount to be repaid if more than one year is left until the expiry of the agreement at the moment of the repayment.

Setting up a registered security

The prerequisite for the conclusion of an auto24 leasing agreement is setting up a registered security for the vehicle to be purchased. Setting up a registered security means that you own the car, but we have the right to demand the sale of a car if you encounter difficulties in repaying the loan. Inbank will set up the registered security after the car has been registered to your name. You will give us an authorization to set up the registered security when entering into the credit agreement.

Important information before signing the agreement

Consider carefully whether auto24 leasing is an appropriate choice for your needs and financial situation.

  • Before signing the contract, please read carefully the contract and terms and conditions and feel free to ask for more information.
  • Think well about how much risk you can afford. Please note that we have the right to request the sale of your car if you are facing difficulties with the repayment of the loan.
  • See alternative options for car financing on our website and feel free to ask for help from our customer service.
  • Once you have signed the agreement, see terms and conditions again. This way you can be sure that you are meeting your commitments in the right way and at the right time.
  • We are always a good partner for you. If you would like to switch your loan to another product or have difficulties in meeting your commitments, let us know. This way you can prevent selling your car, additional costs and litigation.
  • Read our letters carefully and let us know right away if your contact information changes.

You will get a response to an application submitted on our website or at a branch within one working day. You can also sign the loan agreement straight away if the response is positive.

Inbank accepts only digitally confirmed account statements (in .bdoc, .asice, .sce format). You can download it from your home bank’s internet bank. If you present an account statement from Swedbank or SEB, it has to be in a digitally confirmed format. If you present an account statement from any other bank, you first need to download it as a PDF file and then sign it yourself using DigiDoc programme. Make sure you also check guidelines for sending account statement. If you have saved the account statement in your computer, you can upload it to the loan application page. In case the account statement uploading still does not work, we ask you to send the statement to e-mail address laen@inbank.ee.

The auto24 leasing sum is transferred to your bank account within one working day after signing the contract and successful identification. After that, you can enter into a purchase and sale contract with the seller. You must take care of everything required in relation to the purchase of the vehicle, incl. registering the change of vehicle owner with the Road Administration within 7 working days. Make sure you also read the useful advice when buying a vehicle issued by the Consumer Protection Board. The easiest place to register the purchase and sale is the e-service of the Road Administration.

Yes, sale documents have to be presented to the bank within 7 days after the auto24 leasing sum has been transferred. After that Inbank sets up a registered security over the purchased car, which means that we have the right to demand the sale of the vehicle if you are facing difficulties with repayments. If you fail to submit the required documents within 7 days, the bank has the right to amend the terms and conditions of the agreement unilaterally by increasing the interest rate by the rate indicated in the agreement. The agreement amendment fee must be paid for the amendment.

Taking out comprehensive insurance is not mandatory when you sign an auto24 leasing agreement. However, we still advise you to do so, as this will protect you against the most common losses irrespective of who causes the accident. Getting motor third party liability insurance for your vehicle is mandatory.

The auto24 leasing amount can be 15,000 to 25,000 euros. The sale price of the vehicle is not limited – the cost of the vehicle you buy may exceed the loan amount. We don’t require a down payment from you. You can also purchase a different vehicle from what is shown in the application, provided that the sale price of the vehicle is no more than 10% cheaper than the original one.

All Estonian citizens or residence permit holders who are at least 21 years old, have an excellent credit record and have a monthly net income of at least 600 euros may apply for an auto24 leasing.

Since the auto24 leasing amount is transferred directly to your current account and you enter into the purchase and sale contract with the seller yourself, then the vehicle immediately belongs to you, both during and after the contract period. Inbank sets up a registered security over the purchased vehicle, which means that we have the right to demand selling the car if you are facing difficulties with your monthly payments. If you would like to sell your vehicle during the credit period upon your own wish, please notify Inbank customer service.

auto24 leasing has several advantages that allow you to buy the vehicle you want:

  • You will receive an answer to your application within one working day.
  • No down payment is required.
  • Comprehensive insurance is not mandatory.
  • Excellent interest rate from 5.9% to 9.9% yearly and repayment period of 24-72 months.
  • There is no restriction on the age of the vehicle to be purchased.
  • In the case of traditional leasing, the vehicle belongs to the lessor during the leasing period, but if you buy the vehicle with an auto24 leasing, it is immediately yours.
We advise you to use our partner auto24 when you choose the vehicle, as their selection of advertisements is the biggest in Estonia. If you select the vehicle from auto24.ee, mototehnika.ee or veetehnika.ee, you will see the monthly repayment of the auto24 leasing next to the advertisement, and you can also immediately start applying for the loan. If you cannot find a suitable vehicle in these portals, you can still apply for the leasing on the website of the auto24 leasing.
The interest rate of auto24 leasing is from 5.9% to 9.9% calculated on the balance of the loan. The exact interest rate depends on the personal offer made to you, which you can review within a working day after submitting your application. The term of the loan is 2 to 6 years. The interest rate is fixed for the entire period and is not tied to the Euribor. You can therefore be certain that the monthly repayment will not change.
At the end of the auto24 leasing contract, the residual value of 25% of the original credit amount has to be repaid to the bank along with the last monthly payment. The residual value can be paid in one installment together with the last installment, but if you do not wish to do so, a new credit agreement can be signed for the period of 6 to 72 months to pay the residual value in installments.
You can submit your loan application on the website of the auto24 leasing or at an Inbank branch. You must have an ID card or Mobile ID to sign the agreement online. You must know your PIN1 to log in and your PIN2 to sign the agreement. You must present an identity document (ID card, passport or residence permit) to sign the agreement at a branch of the bank. In order for you to receive the loan sum, you must also verify your identity at an Omniva or Inbank branch.
When signing the credit agreement we ask you to visit either Inbank or Omniva office to identify yourself. You will need an identity document (ID-card, passport or residence card) in the course of the identification process. See the locations of Inbank and Omniva offices.
First of all, check that you have installed the latest version of the ID card software, or download the software if necessary. You can find a solution to your problem in the ID Card Help Centre or via the ID Card Helpline 1777. If the signing is still not possible, contact Inbank customer service. The contract can also be signed at Inbank office.
After you sign the agreement digitally, it will remain accessible in the allkiri.ee environment, where you can download it to your computer. You will also find the link to the agreement in the e-mail that is sent to you when you sign the agreement. You can also request a copy of the agreement at any time from an Inbank branch.
We transfer the money to the borrower’s account within one working day of contract’s entry into force and after your identity has been verified. More information about verifying your identity can be found from the question "How can I verify my identity?". Depending on your bank, the money will appear in your current account on the same day that we make the payment, or the next day.
Yes, you can repay auto24 leasing in part or in full before the expiry of the agreement. In order to do so, send an application to info@inbank.ee and we will send you the final balance. You can find the terms and conditions of early repayment on the Inbank price list.
Yes. In order to do so, send an application to info@inbank.ee. You will find the fee for amendment of the payment date on the Inbank price list.
Yes, you can apply for a grace period if you need to. In order to do so, please submit your request to info@inbank.ee. The maximum duration of a single grace period is three months. If you wish to apply for a second grace period, your credit and interest payments for the previous three months must have been duly paid. You can apply for a grace period no more than twice during the period of validity of auto24 leasing agreement, and for no more than six months during the repayment period. The exact duration and terms and conditions of the grace period are determined by considering the needs and possibilities of each client.
If we haven’t received a repayment by its due date, we text you a reminder that the payment must be made. There are costs associated with late payments, and default interest is calculated on delayed payments. You will find the fees associated with late payments in your agreement and the Inbank price list. If you see that you are running into long-term problems with payments, please contact Inbank so we can find a flexible solution together.
Irrespective of the reasons for payment difficulties, Inbank always tries to help its clients by offering solutions that are as flexible as possible. This is why you should immediately inform us of any difficulties with repayments. For example, you can request a grace period or extend the payment term, which will reduce the monthly payments. Please note that Inbank has the right to demand selling the vehicle when the customer faces difficulties with repayments.
We will send you an e-invoice monthly, which you will find in your home-bank Internet bank. The e-invoice will be sent to the account where you wished to receive the amount of your auto24 leasing. For a more convenient payment, we recommend concluding an e-invoice permanent payment contract. The invoice should be paid into Inbank's bank account at SEB or LHV Bank. An invoice is considered paid if it is transferred with the correct reference number found on your contract or e-invoice.
Inbank begins interest calculation when the loan sum is paid put. For this reason, the sum on the invoice may be less than the sum shown in the payment schedule, which is calculated at the time of making the contract.

Contact details

If you have any more questions about the auto24 leasing, contact Inbank customer service:
We are at your service from 9:00-17:00 on working days.