Lease Finance

View the pricing and calculations related to our finance and savings products.

Lease Finance Examples
     Asset Type  Finance Amount Duration APR  Installment Balloon Payment
 Car  100,000  5 Years  9.57%  1,556  40,000
 Car 105,000  2 Years  7.25%  3,080  42,000
 Car 80,000  3 Years  12.37%  2,247  16,000
  • The Annual Percentage Rate (APR) is the cost of the credit extended to the consumer by the bank. This rate is usually higher than the profit rate (Flat Rate) as it takes into consideration all costs featured in extending that credit namely administrative fees, commission, and insurance cost. Therefore, APR provides a clearer picture of the cost of credit than profit rate.
  • The table above and its numbers are an illustrative example only to show the annual percentage rate, which is dependent on four variables (Finance amount, profit rate, Finance tenor and car price)
  • Administrative fees are either 1% of the amount of finance or SR 5,000, whichever is less.
  • Terms & conditions apply
Finance calculator
Auto Lease Finance Calculator
Auto Lease Finance Calculator
Car Price
SR
Down payment
%
Balloon payment
Final, lump sum paid at the end of a loan's term
%
Repayment term
Monthly Payment
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Terms and conditions apply. Interest rates vary by tenor & subject to bank policy