ABOUT ALAHLI LEASE FINANCE 50/50 PROGRAMThe new program was designed to fulfil the desire of a certain customers segment to allow them to drive away in their car of choice by placing a down payment of 50% upfront and an ownership payment (balloon payment) of 50% at the end of the lease period after 2 years to own the car.
Program Criteria
The table below summarizes AlAhli Lease Finance 50/50 program criteria, to read more about AlAhli Lease Finance criteria Click Here.
| Item | Description |
| Down Payment | 50% |
| Balloon Payment | 50% |
| Leasing Tenor | 2 Years |
| Salary Transfer | Does not require salary transfer |
| Minimum Transferred Income | SAR 8,000 |
Minimum Non-Transferred Income
| SAR 10,000 |
| Admin Fees | 0%
|
Cars Brands Eligible for 50/50 Program
The program covers the following brands:
- Alfa Romeo
- Aston Martin
- Audi
- Bentley
- BMW
- Cadillac
- Chrysler
- Dodge
- Ford
- GMC
- Honda
- Hyundai Genesis G80 and G90
- Infiniti
- Jaguar
- Jeep
- Lexus
- Lincoln
- Maserati
- Mazda
- Mclaren
- Mercedes
- Porsche
- Range Rover
- Toyota (Land Cruiser only)
- VW
Example of Annual Percentage Rate
| مثال لآلية احتساب معدل النسبة السنوي
|
The table below and its numbers is an illustrative example only to show the annual percentage rate, which is dependent on four variables (Finance amount, profit rate, loan tenor and car price):
| الجدول أدناه و أرقامه هو مثال توضيحي فقط ويمثل كيفيه احتساب معدل النسبة السنوي والذي يعتمد على أربعة عوامل أساسية
وهي (هامش الربح، مبلغ التمويل، مدة التمويل، سعر السيارة):
|
Asset Type نوع الأصل
| Finance Amount مبلغ التمويل
| Maturity in Years مدة التمويل
| APR معدل النسبة السنوي
| Monthly Repayment Amount مبلغ الأجرة الشهرية
| Residual Value دفعة التملك
|
Car سيارة
| 105,000
| 2 Years
2 سنوات | 7.25%
| 3,080
| 42,000 ريال |
