ur option is second had with monthly installments.
1) if u r going through bank (obviosly) u cannot buy a second hand car older than 3 years from now.
2)to be eligible for loan minimum salaary of 4000 riyals (ibq.. dont know abt others) + the company u work in has to be approved by the bank.
3)will advise u to take a personal loan rather than a car loan . why? overall price will be sighty higher but the headache and paper work will be less . transfer of the car ownership will be under ur name instead of the bank's if u take a car loan. u cannot sell it within 3 years again if its under banks name. but u can do it if its on ur name.
ur option is second had with monthly installments.
1) if u r going through bank (obviosly) u cannot buy a second hand car older than 3 years from now.
2)to be eligible for loan minimum salaary of 4000 riyals (ibq.. dont know abt others) + the company u work in has to be approved by the bank.
3)will advise u to take a personal loan rather than a car loan . why? overall price will be sighty higher but the headache and paper work will be less . transfer of the car ownership will be under ur name instead of the bank's if u take a car loan. u cannot sell it within 3 years again if its under banks name. but u can do it if its on ur name.
wat car do u have in mind?