It is a contract under which the lessor retains the leased asset (car ownership) until the end of the contract and the full payment of rental payments, under which the lessee has the right to use the car in return for agreed monthly rental payments paid to the lessor, the lessee has the right to own the car after paying the full payments and all the terms of the contract.

The monthly payment must be commensurate with the salary of the guest (tenant) so that the monthly payment does not exceed one third of the salary, and in the event that the monthly payment exceeds that percentage, the difference is calculated as a down payment, and in some cases the company may request a down payment because one of the financing conditions does not apply to the guest and in order to support the guest's treatment instead of rejecting it

Yes, you can refinance the last payment for 24 months provided you report at least 6 months before the end of the monthly payments

. Salary identification paper certified by the Chamber of Commerce

· National Identity

· Valid license

. gosi

3 months bank statement

Yes, during the full finance period

·   Salary definition

· National identity

· license

45% deduction from salary deduction from the monthly obligation amount

In case there is no mortgage

55% to 65% in case of mortgage

According to the policy of the funding entity

Clarification:

Salary * 45% - Monthly Commitment = Installment Allowed

Example:

Salary (10000)*deduction rate (45%) - Monthly obligation (2000) = Allowed installment (2500)

Yes, you can do that at any time you want, and this is calculated according to the funding entity and the duration of the contract

One month for the government sector and 3 months for the private sector, and in some entities it depends on the approval of the employer with the bank, so that it is granted from one month

YES

Yes, for ages from 65 to 70 years depending on the policy of the funding entity 

Yes, it can be according to the salary and the installment available to you

Starting from 3000 SR

5 Years