Conditions (For individuals):

  • Saudis:
    • Government sector employees.
    • Private sector employees.
  • Non Saudis:
    • For those who work in government Sector or companies listed on the Saudi stock market only.
  • The financing period ranges from 12 months to 60 months.
  • The minimum salary is 3,000 Saudi riyals.
  • Without a Guarantor*
  • * Terms and Conditions apply.

Required Documents:

  • A copy of the ID with the original to compare.
  • A newly issued Letter of Introduction from the employer, certified by the responsible authority.
  • A copy of the valid driver’s license (with the original to compare).
  • Provide all above required documents for the guarantor.

Product
Amount
SR
With Guarantor
Product Type

Financial Leasing is a method of paying for the use of a vehicle over a specified period of time. It typically starts at minimum of 12 months and provides a different procedure for termination or vehicle swapping.

Monthly Income

Indicate your monthly income. Your leasing payment should be 40% of your net monthly income or less.

SAR
Down Payment

Waiver of down payment can be allowed when the monthly lease payment is at least 40% of the net monthly income.

Read more about leasing conditions.
SAR
Period

Financing Results

Period

Monthly Payment

Down Payment

Residual Payment

Annual Percentage Rate (APR)

Total Cost