2023-09-12 14:00:00
If you are looking for used cars on installments without a down payment in the Kingdom of Saudi Arabia, you can check out Abdul Latif Jameel Finance offers. This company provides financing services using a financial leasing system that is compatible with Islamic Sharia. In addition, there are many car showrooms and car parks that offer installment options for used cars, in addition to the possibility of purchasing at a cash price.
Used cars in installments without a down payment
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Almajdouie Motors Company is offering special summer offers on Peugeot cars for the year 2023, including the 2008 and 508 models. This offer continues until the end of September 2023, and is characterized by great offers and benefits.
Through this offer, you can benefit from cashback ranging from 10,000 riyals to 20,000 riyals, depending on the car model you choose. In addition, Abdul Latif Jameel Used Car Finance Company provides easy and simple financing services, ensures compliance with Islamic law, and is distinguished by offering benefits. For the best international car brands.
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How do I get a car without a down payment?
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Certainly, you can get a used car on installments in the Kingdom of Saudi Arabia through Abdul Latif Jameel Motors financing. You can explore the offers available through the Motory website, which displays many used cars for sale.
According to advertisement No. 228055, you can view the 2020 Hyundai Elantra for sale. You can contact Abdul Latif Jameel Motors Finance to obtain more information regarding the financing and installment terms available for this particular car.
A used Hyundai Elantra 2020 is available for sale in Jeddah through the Automax showroom. The car comes with an automatic transmission and belongs to the sedan category. The exterior color of the car is grey. The car comes with a 6-month warranty.
The mileage when displaying the car ranges between 160,000 km and 169,999 km. The price of the car is 61,262 riyals, and the monthly amount can be paid in installments of 1,787 riyals.
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How to request Abdul Latif Jameel Motors financing
You can access the financing application form to purchase the offered vehicle by clicking on the link in the advertisement post. The financing calculator form will open, where you will need to fill in the fields with the following information.
After using the calculator and completing the data, you can submit an installment request. Abdul Latif Jameel experts will contact you to complete the car purchase process via the installment system. It must be noted that the monthly payments mentioned are just examples and will be determined according to your credit history as a customer.
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Is there any installment plan for used cars?
Of course, there is an installment option available for purchasing used cars from Abdul Latif Jameel. For example, a 2021 Ford Taurus X is offered for sale on installments.
The monthly installment for this car is 2,790 riyals. The car is a 2021 Ford Taurus X. The car can be found at the Automax showroom in Jeddah. The car comes with a van/box body type and is in used condition. The car has an automatic transmission.
As for the mileage, it ranges between 100,000 and 119,999 km. The exterior color of the car is white. The car also comes with a 6-month warranty. Details of the car and its advertisement number can be found on the Motory website under the number 229308.
What is the age allowed for car financing?
18 years and over.
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How much are car payments from your salary?
The monthly loan payment covers 40% of the borrower’s net monthly income, and obtaining the loan does not require a down payment if the monthly payment covers this percentage of income.
What is better, buying a new or used car?
New cars usually have the latest technology and the fewest problems, and any problems are covered by warranties. In contrast, used cars are cheaper than new ones, although there is some wear and tear or higher mileage, but they may be the better option for people with limited budgets.
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