Auto Lease Example

Asset Type	Vehicle
Vehicle Price	SAR 140,207.5463
Down payment	0%
Loan term in months	60 Months
Profit rate	1.70% ( profit rate differ based on customer segment)
Insurance rate	2.50% (Insurance rate is based on customer record, vehicle type and in case of claims.
Annual percentage rate (APR)	6.18%
Administrative fees	1% of loan amount or SAR 5,000 whichever is lower.

* The above are only examples, as the prices are subject to change if there are influencing factors such as the customer's credit history. - Last Updated: 01/12/2024

Example of monthly installment based on down payment

Down payment	0%	5%	10%
Loan terms in months	60	60	60
Loan type	Ijara	Ijara	Ijara
Profit rate	1.70%	1.70%	1.70%
Loan amount	SAR 140,207	SAR 133,197	SAR 126,187
Monthly installment	SAR 1,776	SAR 1,649	SAR 1,522
Annual percentage rate (APR)	6.18%	6.27%	6.37%

* The above are only examples, as the prices are subject to change if there are influencing factors such as the customer's credit history. - Last Updated: 01/12/2024

Pricing

Product	Profit rate type	Minimum profit rate	Annual percentage rate (APR)
Auto Lease	Ijara	0% 2Y	5.76%
Auto Lease	Ijara	5% 5Y	12.02%

* The above are only examples, as the prices are subject to change if there are influencing factors such as the customer's credit history. - Last Updated: 01/12/2024