Financing Options Available for Cars with No Down Payment
Introduction
Things were easier before May 1, 2011, when individuals could obtain 100% financing on car loans. However, you can still avoid the 20% down payment mandated by the central bank.
Available Services
Al-Futtaim Group
Al-Futtaim Group is one of the companies offering this service. Steve Faulkner, Managing Director of Al-Futtaim Finance, explained that this solution allows customers to pay the 20% down payment through installments, making it an ideal option that complies with the central bank's regulations established nearly two years ago.
Arabian Automobile Company
The Arabian Automobile Company is another dealer providing 100% financing plans. This financing offers exactly what its name suggests and includes benefits that ensure ongoing demand, as stated by a spokesperson for Nissan.
Conclusion
Others may follow in their footsteps; it’s essential for individuals to know where to go.
