Do you live in Latvia? Want to drive a new car, but can't afford it? Or do you want to lease a car, but you don't know what the requirements are? And how to ? In this article, we will give you information on how to lease a car in Latvia?
What documents do I need to provide for leasing in Latvia?
If you want to lease a car in Latvia, here are the documents to provide to your lessor:
- An ID ;
- An up-to-date copy of your driver's license;
- A copy of your proof of address;
- A copy of the employment contract if necessary;
- A copy of the tax assessments for the self-employed.
What are the requirements for leasing a vehicle?
The advantage of car leasing is that the conditions required are less strict than car credit. However, lessors ask for guarantees from the lessee before granting the lease. If you are in Latvia, here are the conditions for leasing a vehicle:
- You must live in Latvia;
- Have a driving license valid until the end of the indicated leasing contract;
- The tenant must justify high financial means, but above all stable to pay the monthly payments;
- He must then provide a payslip as proof;
- The lawsuit register is also important in case the tenant has unpaid debts. If this is the case, it will be complicated for him to have the leasing.
What information do I need to know before driving a rental car in Latvia?
Before leasing a vehicle or before renting any car in Latvia, you must first be aware of the provisions imposed in Latvia. Basically :
- In Latvia, all highways are free;
- There is also a charge for car parks in major cities. Unlike France, the price of parking spaces is cheaper;
- The speed limit is 20 km/h in residential areas of Latvia;
- The blood alcohol level is limited to 0.5 g per liter of blood. For novice drivers, the permitted blood alcohol level is 0.2 g per liter of blood;
- The tenant must also have in his vehicle: a warning triangle, a safety vest, a first aid kit and a fire extinguisher.
Generally, the conditions for having a new car on lease are almost the same. There are still differences depending on the laws in force in a country. If you are in Sweden for example, discover our article on How to lease a car in Sweden?