Prices 

for 

Financing 

Products 

Welcome to our Pricing page, where you'll find all the information you need to make informed decisions about our leasing and financing options. We believe in transparency and providing you with clear and competitive pricing to help you choose the option that best suits your needs. Explore the tables below to discover the pricing details for each of our leasing and financing products.

The Annual Percentage Rate (APR) is the cost of the credit extended to the consumer by Financial institution. This rate is usually higher than the profit rate (Flat Rate) as it takes into consideration all costs featured in extending that credit namely administrative fees, commission, and insurance cost. Therefore, APR provides a clearer picture of the cost of credit than profit rate. The table below and its numbers are an illustrative example only to show the annual percentage rate, which is dependent on four variables (Finance amount, profit rate, Finance tenor and car price). Administrative fees are either 1% of the amount of finance or SAR 5,000, whichever is less.

Asset Type

Car

Car Price VAT Inclusive

SAR 100,000

Loan Duration

5 years

Downpayment Percentage

10%

Downpayment Amount

SAR 10,000

Insurance Percentage

2.00%

Finance Amount

SAR 90,000

Administrative Fees

1% of the amount of finance or SAR 5,000, whichever is less

APR

10.34%

Installment Amount

SAR 1891.14

Balloon Payment Percentage

10%

Balloon Payment Amount

SAR 10,000

Asset Type

Car

Car Price VAT Inclusive

SAR 100,000

Loan Duration

2 years

Downpayment Percentage

50%

Downpayment Amount

SAR 50,000

Insurance Percentage

2.50%

Finance Amount

SAR 50,000

Administrative Fees

1% of the amount of finance or SAR 5,000, whichever is less

APR

11.26%

Installment Amount

SAR 444.19

Balloon Payment Percentage

50%

Balloon Payment Amount

SAR 50,000

Asset Type

Car

Car Price VAT Inclusive

SAR 100,000

Loan Duration

2 years

Downpayment Percentage

24%

Downpayment Amount

SAR 24,000

Insurance Percentage

2.50%

Finance Amount

SAR 66,000

Administrative Fees

1% of the amount of finance or SAR 5,000, whichever is less

APR

21.83%

Installment Amount

SAR 2226

Balloon Payment Percentage

33%

Balloon Payment Amount

SAR 33,000

Asset Type

Cash

Loan Duration

3 years

Finance Amount

SAR 30,000

Administrative Fees

1% of the amount of finance or SAR 5,000, whichever is less

APR

16.71%

Installment Amount

SAR 1041

Total Finance Amount

SAR 38,991

Asset Type

Cash

Loan Duration

5 years

Finance Amount

SAR 100,000

Administrative Fees

1% of the amount of finance or SAR 5,000, whichever is less

APR

12.02%

Installment Amount

SAR 2177

Total Finance Amount

SAR 124,950

Asset Type

Car

Car Price VAT Inclusive

SAR 100,000

Loan Duration

3 years

Downpayment Percentage

5%

Downpayment Amount

SAR 5,000

Insurance Percentage

4%

Finance Amount

SAR 95,000

Administrative Fees

1%

APR

13.86%

Installment Amount

SAR 1032