大咖福利影院

pkmusd wrote:

I leased a car from them in Dec 2012. ...

Oh yes, and you can time-travel

Jokes apart, even I'm planning to buy a car. So any information here, is going to be useful.

pkmusd wrote:

thansk MYRK for usefull info.
looks like I am gonna get my contract read from saudi friend. its a 20 pager contract.. see if he can find something usefull.

adnanhashmi wrote:

How can you sign a contract consisting of 20 pages without having to get it translated in english or read by any saudi mate first?

pkmusd wrote:

thansk MYRK for usefull info.
looks like I am gonna get my contract read from saudi friend. its a 20 pager contract.. see if he can find something usefull.

Hi Adnan,
At that time I was only thinking to get car asap.
I remember, the showroom guy told me that if you want to settle you have to pay the bank 5% of total interest amt bank is expecting from you in 5 years. But just wanted to conf that from someone who has done such thing.

taan87 wrote:

Can a foreigner own more than 2 cars?

No. Max 2 per Maroor (Traffic police) rules. So, whenever you plan to buy a new car, you may be asked to provide a report from Maroor stating the number of cars registered on your iqama.

But I believe they are not very stringent about it. I lately got a feeling that this process of theirs was not fool-proof.

javedakhter wrote:

Dear Friend.

I leased hyundai CAR from ANB. Annual insurance is covered in the contract, how can I renew my insurance as it already is expired. I need the site location in Riyadh. (GPS Coordinates are proffered)

Many thanks for your support.

Almost all banks have special customer care centers to deal in such stuff. They are called Car Financing Department (Idara Tamweel Sayyaraat). You've to check with any ANB branch.

Needless to mention, your insurance charges are covered in your financing plan. You don't have to pay anything. Just visit them and ask them to provide renewed insurance card accompanied with the summary cover letter.

Princess MA wrote:

about this, weve checked online about buying a car.
whats the "final payment" and how does this work?
if youve paid the full amount due for the car, why are these charges due from you?

Usually the car finance plan payments are broken down in 3 kinds of shots:

1- Down Payment
2- Monthly Installments
3- Balloon Payment (Last Payment)

1 & 3 are optional and depends on your contract with them. If you do have it documented in the payment plan, you've to pay it at the completion of your contract and then only they'll transfer the car to your iqama. They don't transfer automatically, you have to visit them and request to initiate the process of trsnsfer (called Naqal Malikia in Arabic)

TheLegendLeads wrote:

javedakhter wrote:

Dear Friend.

I leased hyundai CAR from ANB. Annual insurance is covered in the contract, how can I renew my insurance as it already is expired. I need the site location in Riyadh. (GPS Coordinates are proffered)

Many thanks for your support.

Almost all banks have special customer care centers to deal in such stuff. They are called Car Financing Department (Idara Tamweel Sayyaraat). You've to check with any ANB branch.

Needless to mention, your insurance charges are covered in your financing plan. You don't have to pay anything. Just visit them and ask them to provide renewed insurance card accompanied with the summary cover letter.

There is a ANB dedicated Auto Loans office on Olaya (opp Saudi Hollandi Bank atm b/w Arouba and Moosa Bin Naseer.

TheLegendLeads wrote:

Please check with the ANB car financing office in Jeddah.

They usually don't take the cars back ... what would they do of the car? It's none of their business.

- You have to transfer the lease to someone else.
or
- Pay them the balance and get the car in your name. Then sell it to someone.

Your best bet would be to check with them directly.

I don't think they let you transfer the lease. Only option is you pay the due amount to ANB, get it in your name and then sell it to someone. If you have the buyer already then at the time of paying to the bank, you can ask bank to directly transfer to that persons name to save cost.

jamal swati wrote:

Hi聽 I want to get a car from anb lease

Just call them. I believe one if their sales agent would call and visit you.

santark wrote:

Dear All,

My ANB financed Car is having its insurance getting expired by 4th Feb-2017. First time, before 1 year I got the Insurance Cerificate as SMS to my mobile. Will it be the same way that I will get an SMS after the certificate renewal or I need to go to the Auto Lease Office to collect the same? Please give me some guidance...

Many thanks..

Per SAMA regulations, you must have an insurance certificate in printed form. Don't trust on SMS or don't wait for it come. Visit them and get the certificate.

santark wrote:

When I get last year as an SMS a link, where I can print the Certificate.. SO I am thinking whether the renewal also might be that way..?

Yes, the renewal will be the same way.
If SMS doesn't arrive in time, please visit them 2/3 days ahead of expiry and ask for the link to print or print-out.
By the way, what company's insurance are they providing these days?

TheLegendLeads wrote:

santark wrote:

When I get last year as an SMS a link, where I can print the Certificate.. SO I am thinking whether the renewal also might be that way..?

Yes, the renewal will be the same way.
If SMS doesn't arrive in time, please visit them 2/3 days ahead of expiry and ask for the link to print or print-out.
By the way, what company's insurance are they providing these days?

Thanks for your response..
Yes.. will check the same.. Hope they will send it prior to the expiry., else I will check with their office in Olayya.
The insurance is with Malath.

pkmusd wrote:

Hello,

I have passed the lease period and all payments have been made.聽 For transfer, can i find a buyer and ask them directly to transfer under his name.. or I have to get insurance under my name, then transfer to my name and then finally to the buyer.
Whats current timeline for processing of transfer? (anyone who got it done recently?)

Your help would be appreciated.

Regards,

Long time @pkmusd

No. In case of contract completion, you have to be the new owner. Later, you can sell it off and聽 change the ownership to someone else.

pkmusd wrote:

Yes, it has been long time. Will be active now

Welcome back buddy