大咖福利影院

siddig wrote:

Hello,
after a long research and debate (thanks to you all)I have decided on a prado. I went to the toyota dealer and for TXL 6 cel the price was 158000 SAR. my questions :
1. any recommendations as to wheather I should go for 4 or 6V (I will mainly be city driving and may be occasional long trips to Jeddah)

4 cyl is OK for intracity & intercity tours. Will help save 20K to 25K over 6cyl. Though I guess 4 cyl will require more reselling effort yielding comparatively less value.

siddig wrote:

2. any one knows if I can get better pricing at a different dealer ?

ALJ is the only authorized importer and reseller. Other dealers (e.g. Abdul Rasheed) also purchases from ALJ & resells. Visiting showrooms in Naseem & intense negotiation may help save 1500-3000.

siddig wrote:

3. any financing suggestions

- Showrooms usually offer 8%/yr. 3 yrs plan will mean 24% more.
- Banks: check out this pdf:

In both above cases, the car ownership will remain with the lending party till you pay all installments. That will essentially mean that you can't sell the car.

My 2 cents: Get a personal loan (SABB is quite flexible these days though interest rate is as high as 4.7%) and buy the car in your name.

DrHassanMalik wrote:

for financing

11.67% per year. Are they nuts?

TheLegendLeads wrote:

DrHassanMalik wrote:

for financing

11.67% per year. Are they nuts?

This rate varies depending on the down payment amount, the residual value they estimate and the year plan you choose. In any case UIS is offering exhorbitant financing rates. And I am sure other third party leasing agencies are offering similar rates. Nothing less than 8% per annum which is quite high in my opinion.

TheLegendLeads wrote:

siddig wrote:

Hello,
after a long research and debate (thanks to you all)I have decided on a prado. I went to the toyota dealer and for TXL 6 cel the price was 158000 SAR. my questions :
1. any recommendations as to wheather I should go for 4 or 6V (I will mainly be city driving and may be occasional long trips to Jeddah)

4 cyl is OK for intracity & intercity tours. Will help save 20K to 25K over 6cyl. Though I guess 4 cyl will require more reselling effort yielding comparatively less value.

siddig wrote:

2. any one knows if I can get better pricing at a different dealer ?

ALJ is the only authorized importer and reseller. Other dealers (e.g. Abdul Rasheed) also purchases from ALJ & resells. Visiting showrooms in Naseem & intense negotiation may help save 1500-3000.

siddig wrote:

3. any financing suggestions

- Showrooms usually offer 8%/yr. 3 yrs plan will mean 24% more.
- Banks: check out this pdf:

In both above cases, the car ownership will remain with the lending party till you pay all installments. That will essentially mean that you can't sell the car.

My 2 cents: Get a personal loan (SABB is quite flexible these days though interest rate is as high as 4.7%) and buy the car in your name.

ok if u got Saudi health council or Saudi engineering council membership and registration then you can get loans interests free up to certain amount ! one of my fellow expat colleague got 200k as loan and is doing well this way.. 2ndly yes ALJ is the sole distributor but i remember if i am not wrong once you warned buying used cars from ALJ even as they are not trust worthy too in deceiving and selling repaired items etc so dropped that idea too afterwards.. and a friend of mine took ANB financing and told me that they are very reasonable..

TheLegendLeads wrote:

DrHassanMalik wrote:

for financing

11.67% per year. Are they nuts?

true

DrHassanMalik wrote:

but i remember if i am not wrong once you warned buying used cars from ALJ even as they are not trust worthy too in deceiving and selling repaired items etc so dropped that idea too afterwards.. and a friend of mine took ANB financing and told me that they are very reasonable..

That was about 2nd hand cars DrHassan. In this thread, we are talking about brand news. Again: ALJ is not for you if you're in the hunt for a preowned. I remember I saw a repaired Camry 2008 was being offered for 68,000 & interest rate on it as 12%. Excuse me!

siddig wrote:

thx @TheLegendLeads and @agent47
is there is any Halal Financing ???

interesting question! Yes, most banks offer Sharia compliant loans.

TheLegendLeads wrote:

That was about 2nd hand cars DrHassan. In this thread, we are talking about brand news. Again: ALJ is not for you if you're in the hunt for a preowned. I remember I saw a repaired Camry 2008 was being offered for 68,000 & interest rate on it as 12%. Excuse me!

Hmm.. but may be on bargaining some of the vehicles become worthy ! one of my dads friend bought a fortuner 2011 in just 65000 with no repairs too(it had some financing installments issue i guess with previous allotted guy and was confiscated by ALJ, is what he told) so i used to think may be some juicy offers could be grabbed from there occasionally.. though idea drooped for used cars after you shared your observations

siddig wrote:

- Banks: check out this pdf:

I love your PDF @theLegendLeads, amazing

yes but its a very old pdf.. 2010 data.. God knows how much the interest rates have been changed now..

DrHassanMalik wrote:

siddig wrote:

- Banks: check out this pdf:

I love your PDF @theLegendLeads, amazing

yes but its a very old pdf.. 2010 data.. God knows how much the interest rates have been changed now..

do you have the new data Dr Hassan ? that would be great

siddig wrote:

DrHassanMalik wrote:

siddig wrote:

- Banks: check out this pdf:

I love your PDF @theLegendLeads, amazing

yes but its a very old pdf.. 2010 data.. God knows how much the interest rates have been changed now..

do you have the new data Dr Hassan ? that would be great

sorry brother i dont have any.. may be some finance related person can help you out..

drferozhamza wrote:

Hello everyone. New on Expat-blog.
DrHassanMalik could you elaborate on the interest free loan for people with Saudi health council or Saudi engineering council membership and registration.
Thanks

sure drop your contacts and i will brief you about it..

RehabDoctor wrote:

Kindly share opinion about Toyota Fortuner and it's resale value.

there exists a recent thread about it

DrHassanMalik wrote:

drferozhamza wrote:

Hello everyone. New on Expat-blog.
DrHassanMalik could you elaborate on the interest free loan for people with Saudi health council or Saudi engineering council membership and registration.
Thanks

sure drop your contacts and i will brief you about it..

Contacts in your inbox. Thanks again.