*For yachts and watercraft, to be registered in the ship register, up to 120 months. For launches and other watercraft, to be registered in ARK, up to 72 months.
Reach your goal in just a few steps
- Choose a yacht, launch or a motorboat you would like to purchase
- Apply for leasing and receive an answer about your financing opportunities
- In the agreement you can choose the insurance for your watercraft
- Sign the agreement remotely
- Make the first deposit
- Register your watercraft in the ship register or ARK
- SEB leasing transfers funds to the watercraft seller
Choosing leasing in SEB provides various benefits
Insurance for protection in unexpected situations
A leased watercraft shall be insured
To prove the validity of the insurance, please submit a copy of the new insurance policy to SEB within five days prior to the end of the valid insurance policy, at the latest. You may send it to the e-mail address liising.poliisid@seb.ee or fax it to 665 5103
Requirements for the insurance contract of leased property:
- The insurer shall be an insurance undertaking accepted by SEB
- The vehicle shall be insured throughout the entire lease period, at least to the extent of the sum corresponding to the market value
- The insurance contract shall be concluded for a period of one year and with the smallest excess allowed by the insurer
- In the insurance contract, AS SEB Liising shall be noted as the beneficiary
- The insurance policy for a water craft shall contain insurance cover against fire, storm, collision, theft and vandalism
- The conditions of the insurance contract shall ensure the full payment of the benefit in the case of the sinking of the watercraft
- In addition, civil liability insurance must be concluded for the lease period
Calculator
We provide two types of watercraft leasing
To get a personal lease offer, please submit an application.
- Financing of recreational craft with financial lease for the acquisition of recreational craft (total length 2.5-12 metres) to be registered in the Estonian Road Administration (ARK)
- Financing of ships secured with mortgage for the acquisition of watercraft to be registered in the ship register (total length exceeding 12 metres)
Final lease conditions depend on the chosen vehicle and the customer situation.
Useful information
Have a question about leasing or vehicle purchase?
Should you have any questions during the validity term of the lease agreement or you wish to submit an application, then please contact us via Internet Bank or send a message from our homepage.
For more information about leasing and related services, terms or rates please call +372 665 7910 or send an e-mail to liising@seb.ee
Annual percentage rate as a typical example
The initial annual percentage rate of charge for vehicle leasing (financial lease) is 8.15%, the total cost of credit is 3,814.11 euros and the total amount of payments paid by the consumer is 29,814.11 euros under the following sample conditions:
• price of the vehicle 26,000 euros (included VAT);
• down payment of 7,800 euros (30% of price of the vehicle);
• residual value 0% of the price of the vehicle;
• amount of credit 18,200 euros (included VAT);
• annual interest rate* 4.99% + 6-month Euribor 2.097%;
• period 5 years;
• number of repayments 60 (monthly annuity payments);
• amount of repayments 21,721.11 euros;
• contract fee of 260 euros;
• monthly fee of transactions and the bank account 0.55 euros.
* The interest rate consists of a fixed margin and a Euribor that changes every 6 months. If the Euribor is negative, the interest is equal to the interest margin.
Casco and motor third party liability insurance must be concluded. The costs of insuring, possible property registration costs, state fees and price of the valuation report were not considered in the APR calculations.
You can calculate the approximate lease payment with the leasing calculator.