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.
Recommend: Top 10 Reasons Why Living in Saudi Arabia and Life in Saudi Arabia as an Expat
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
Recommend: How to Get an Emergency Cash Loan from Saudi Al Awal Bank (SAB)
-
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
Recommend: How to Get Personal Finance in Saudi Arabia as an Expat
-
Monthly obligations must comply with Saudi Central Bank limits
Types of Car Financing Available
-
Lease-to-Own Financing
-
Murabaha Financing
-
Installment Financing
Some providers even offer financing without a down payment or without a guarantor, subject to eligibility criteria.
How to Apply
-
Register on the Arib platform
-
Fill in personal and financial information
Recommend: King Salman Park: World’s Largest Park Is Transforming Saudi Arabia
-
Enter your car financing preferences
-
Compare available offers
-
Select the best financing plan and submit online
-
Upload any required documents
-
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.
Recommend: How to Fill Up UK VISA Application form from Bangladesh
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
