Get the Best Car Finance for TOYOTA Car
Enjoy great deals from Abdul Latif Jameel on Toyota best offers from Al Rajhi Bank on all models

Al Rajhi Bank is pleased to offer you the best car leasing offer.

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Salary Transferred Customers to Al Rajhi Bank

  • Down payment 0%
  • Without profit 0%
  • Without Admin Fees
  • Low Monthly Installments
  • Balloon Payment till 40%
  • Term 60 Months
  • Low Annual Percentage Rate (including insurance) starting from for corolla 4.76% and for Yareis 5.07%

Example 1 : Salary Transfer Customer

Asset Type Finance Amount Maturity in Years APR Monthly Repayment Amount Residual Value
Car 72,000 5 Years 4.76% 920 28,800

Example 2 : Car price different 

Asset Type Finance Amount Maturity in Years APR Monthly Repayment Amount Residual Value
Car 53,185 5 Years 5.07% 689 21,274

Example 3 : Salary Transfer Customer 

Asset Type Finance Amount Maturity in Years APR Monthly Repayment Amount Residual Value
Car 82,000 5 Years 4.76% 1,048 32,800

*APR may differ depending on the amount and the maturity period different from above and subject to credit scoring of each customer

How to apply 

Terms and Conditions

  • Terms and conditions apply
  • Offer is valid until 31 December 2020  or while supplies last
  • Specifications for the car displayed and the image may vary for the purpose of advertising only

*Al Rajhi Bank is controlled and supervised by SAMA


Disclosure of Interest Rates on Financing and Saving

The Annual Percentage Rate (APR):

It is the discount rate at which the present value of all payments and installments that are due from the Borrower, representing the Total Amount Payable by the Borrower, equals the present value of all payments of the Amount of Financing available to the Borrower on the date on which the Financing amount or the first payment thereof is available to the Borrower.

Illustration:

Asset Type Finance Amount Maturity in Years APR Monthly Repayment Amount Residual Value
Car 72,000 5 Years 4,76% 920 28,800

*APR may differ depending on the amount and the maturity period different from above and subject to credit scoring of each customer.

Finance Amount:

The contract stipulates the amount of financing you will receive in addition to the period of repayment of the installments, stating their value and the maturity date of these installments. The data also include the cost of obtaining funding in terms of knowing the fixed term cost rate and management fees.

Maturity In Years:

The duration of the contract agreed upon between the parties, which shall indicate the date and expiry of the contract with the parties' with the terms of the contract

Monthly repayment amount:

These payments are recognized in the contract, and the lessee is obliged to pay them on the due dates. The contract shall also include a schedule of repayment installments, in which the value of the asset's rent and the value of the right of ownership shall be shown separately, provided that the premium for any period shall not be less than the principal's rent for that period in the contract.

Residual Value:

The last payment is usually 0 % to 35% of the car price which you decide to pay at the end of the lease. It makes the monthly rentals that you pay less, but you have to be ready to make a large payment at the end of the lease.