2023-04-23 01:10:19
In the growing auto market, car finance and installments are the perfect tool for those who want to buy used cars at reasonable prices and on favorable terms. Abdul Latif Jameel, one of the largest car trading companies in the Kingdom of Saudi Arabia, offers various financing services for used cars, allowing buyers to obtain the right car for them on easy and reasonable terms.
In this article, we will present to you the conditions of Abdul Latif Jameel for used car installments 1444 and how to obtain this service, in addition to important tips for anyone who wants to buy a used car and benefit from the financing services provided by Abdul Latif Jameel.
Basic conditions for used car installments from Abdul Latif Jameel
age and nationality
The applicant must be between 21 and 65 years of age, and be a Saudi citizen or resident with transferable Iqama.
Employment status and income
Job financing requires the applicant to have a stable job with a government or private employer, and to have a stable monthly income commensurate with the value of the desired car and the amount of financing required.
fiduciary obligations
The applicant’s record must be free of financial difficulties, and his current credit obligations must be within standards acceptable to Abdul Latif Jameel.
Submit the required papers and documents
The applicant for financing must submit all the required papers and documents, such as the national identity card or residence permit, a bank account statement for the last three months at least, a salary certificate, and an identification of the salary from the employer.
Steps to obtain car installment financing from Abdul Latif Jameel
Contact the company and select the appropriate vehicle
First, the applicant must contact Abdul Latif Jameel branches or visit its website to see the types of used cars available and choose the appropriate car according to his needs and budget.
Submit a funding request
After selecting the appropriate car, the applicant fills out the financing application form available on the company’s website or in the branches, and submits all the required documents mentioned above.
Funding approval
Abdul Latif Jameel studies the financing application and verifies all documents submitted and the applicant’s credit record. If financing is approved, the company provides a detailed offer that includes the financing value, repayment period, interest rate, and monthly installment.
Signing contracts and completing purchases
If the offer is approved, the applicant signs financing contracts and payment obligations, and then the car purchase process is completed and delivered to the buyer.
Commitment to pay the monthly installments
The applicant must commit to paying the agreed monthly installments on time until the end of the financing period, and in the event that the applicant is late in paying the installments, he may be subject to delay fines and credit defaults.
Important tips when benefiting from Abdul Latif Jameel financing services
- Inspect the used car carefully before buying and seek the assistance of an expert mechanic to ensure its condition and technical details.
- Compare used car prices in the market and choose the one with the right price and good mechanical condition.
- Look at the vehicle’s history and service history to make sure you know all the details and potential faults.
- Study the financing terms and conditions and make sure you understand all your financial and legal obligations.
- Make sure to pay the monthly installments on time to avoid credit defaults and financial penalties.
In conclusion, Abdul Latif Jameel provides various financing services for used car installments, making it easier for buyers to obtain the right car for them on easy and reasonable terms. The applicant must follow the conditions and steps mentioned above and commit to paying the installments to ensure a smooth purchasing experience.
Addresses and contact numbers for Abdul Latif Jameel
You can contact Abdul Latif Jameel Company through the following information:
| The information | the value |
|---|---|
| the phone | Unified number: 920023550 |
| [email protected] | |
| website | https://www.alj.com/ar |
| Postal addresses and offices | Branches of Abdul Latif Jameel are located throughout the Kingdom of Saudi Arabia. You can find the branch closest to you through the search engine on the company’s website. |
| Social media |
Twitter: https://twitter.com/AlJazirahFord |
Please review the Abdul Latif Jameel website or call the unified number for the latest information and details regarding used car financing and installment services.
1682214956
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