QNB Lease a car offer

smoke
By smoke

Good day all

Recently QNB has come up with a scheme to lease a car rather than take a car loan, and after the lease period you can return the car back without any hassles.

I would like to know if anyone has taken this offer from them and how does it actually work. What are the fine print they are not telling us?

Is it a good deal to go for it or just take a normal car loan?

Thanks.

By chamsbach• 25 Dec 2014 10:39
chamsbach

Hi every one!

im interested in this as well but i have two questions...

1: in case of rupture of contract before 3 years what happens? what do you have to pay? can you give the deal to an other?

2; after the 3 years if you want to keep the car how much do you have to pay? and in case of upgrading will, how it works ?

some one have answers ?

thanks!!

By blisteringbarnacles2007• 27 Jun 2013 14:57
Rating: 5/5
blisteringbarnacles2007

Smoke kanjoos... let me explain....

You buy a car QR 100,000

say after 5 yrs you sell it for QR 50,000 are you happy?

You lease the same car for QR 4,000 per month from the bank... in a year you have paid QR 48,000... in two years 96,000... in three years QR 144,000... should I continue up to 5yrs smoke

Dont think you can make profit from the banks....

By cherukkan• 27 Jun 2013 09:01
cherukkan

Takloo malabari! hahaha LOL colt 45.

By zafirah• 27 Jun 2013 08:50
Rating: 5/5
zafirah

Features:

•Up to 40% lower monthly payments compared to conventional loan or rental.

•Full comprehensive insurance with agency repairs during full lease period.

•100% financing (no down payment)

•Hassle free replacement. No need to worry about selling your car or settling a loan.

•No management fee

•Grace period up to 3 months

- but of course as Smoke said, input from someone who avail of this will be a much better source.

am interested on this as well...

By zafirah• 27 Jun 2013 08:47
Rating: 5/5
zafirah

Vehicle Lease

With QNB’s new "Motary" program, you can now drive the car of your dreams for much less than you expect. Lease your car from 1 to 4 years with option to either keep it or return it. Plus, your monthly payment already includes comprehensive insurance and factory maintenance for the full term.

By GodFather.• 27 Jun 2013 08:26
Rating: 5/5
GodFather.

Smoke it is the same lease agreement that you have with the dealers. When you lease a car from the dealer its the banks who pay the dealer and you pay the banks for a fixed term after which you can buy the car or walk away and leave the car with the dealer.

By Colt45• 27 Jun 2013 08:24
Colt45

you takloo malabari papodum... this comes with 3 yrs comprehensive insurance and service package ;o)

By Colt45• 27 Jun 2013 08:22
Colt45

this is good for someone who's gonna be in the country for a ltd period, for someone like you who's NEVER gonna leave, just go buy a car with a normal car loan :-P

By Rizks• 27 Jun 2013 07:58
Rizks

Hello Kitty, how u doing man ?

Dont know how it works, i mean if you lease a car and use it for many years and wat if any accident occurs to the car ?

Is it the same policy wat the normal Rent-A-Car follows ?

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