Car Financing in Saudi Arabia: Fast, Flexible & Hassle-Free

Buying your dream car in Saudi Arabia has never been easier. Arib connects you with the best car financing offers from licensed banks and financial companies, ensuring fast, easy, and hassle-free approval—all online.

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Get the Best Car Financing Offers in Just 30 Seconds

Arib is a digital finance brokerage that helps you compare and secure tailored car financing offers from over 25 licensed providers in Saudi Arabia. With over 400 financing options available, you can find the most suitable plan for your budget and needs.

Key Features of Car Financing Through Arib

• Finance amounts up to SAR 1 million

• Flexible repayment terms up to 5 years

• Competitive annual percentage rates (APR)

• Sharia-compliant financing solutions

• Fully online, paperless process

• Available for Saudi nationals and non-Saudi residents

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• Car financing without a guarantor is available for residents

Eligibility Requirements

To qualify for car financing via Arib:

• Must be employed and registered with Social Insurance (GOSI)

• Minimum salary: SAR 4,000

• Valid residency permit for non-Saudis

• Maximum age: 65 years

• Credit profile must meet the finance provider’s policies

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• Monthly obligations must comply with Saudi Central Bank limits

Types of Car Financing Available

1. Lease-to-Own Financing

2. Murabaha Financing

3. Installment Financing

Some providers even offer financing without a down payment or without a guarantor, subject to eligibility criteria.

How to Apply

1. Register on the Arib platform

2. Fill in personal and financial information

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3. Enter your car financing preferences

4. Compare available offers

5. Select the best financing plan and submit online

6. Upload any required documents

7. Receive instant approval and secure your car

FAQs

Q: Can I apply if I have existing financial obligations?
A: Yes, as long as your monthly deductions meet the Saudi Central Bank’s limits and no defaults are recorded.

Q: How quickly can I get car financing?
A: Instant approval is possible, often within 24 hours.

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Q: Are offers Sharia-compliant?
A: Yes, Arib provides Sharia-compliant options for all eligible applicants.

Arib makes car financing in Saudi Arabia fast, flexible, and tailored to your financial profile. Compare offers today and drive your dream car tomorrow.

Source Arib

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