Auto leasing for used cars allows you to lease the car of your choice though Shariah-compliant programs with easy and flexible installment plans.

• Comprehensive insurance coverage
• Financing period up to 3 years
• Available for the government sector, military sector, private sector and pensioners
• Possibility of delegating another driver
• Competitive profit margin
• Flexible last payment

For salary transferred customers:

• Should be 21 years old and above
• Minimum net salary SAR 4000
• No period of service required
• A letter from employer confirming the salary assignment to Riyad Bank

For non-salary transferred customers:

• Should be 21 years old and above
• Minimum net salary SAR 6000
• Minimum period of service 3 months

Auto Leasing for Non-Saudis of Approved Companies:

For salary transferred customers:

• The customer must be employee at governmental or private sector
• Should be 21 years old and above
• Minimum net salary SAR 4000
• Minimum period of service 3 months
• A letter from employer confirming the salary assignment to Riyad Bank

For non-salary transferred customers:

• The customer must be employee at governmental or private sector
• Should be 21 years old and above
• Minimum net salary SAR 8000
• Minimum period of service 3 months

Auto Leasing of Non-Approved Companies:

For salary transferred customers:

• Should be 21 years old and above
• Minimum net salary SAR 6000
• For Saudi and non-Saudi customers
• The customer must be employee at private sector
• Minimum period of service 3 months
• A letter from employer confirming the salary assignment to Riyad Bank

For non-salary transferred customers:

• Should be 21 years old and above
• Minimum net salary SAR 8000
• For Saudi and non-Saudi customers
• The customer must be employee at private sector
• Minimum period of service 3 months for Saudi
• Minimum period of service 6 months for non- Saudi

For an initial approval, you can either visit a dealership sales consultant or visit one of our selected branches, or even call us on 800-124-2020.

Once you have the initial approval, you can provide the rest of the following documents:

• Salary certificate (less than two months old)
• A valid Saudi national ID / Iqama
• A completed lease application form
• A valid driving license
• 3-month bank statement for your salary account (required if your salary will not be transferred to Riyad Bank)
• Salary transfer letter (in case of financing with salary transfer to Riyad Bank)
• Vehicle quotation (from a dealer approved by Riyad Bank)

1. AlIssa auto: Nissan
2. Petromin: Nissan
3. AlJomaih auto: GMC, Chevrolet, Cadillac
4. Universal Motors Agencies: GMC, Chevrolet
5. AlJabr Automotive (KIA): Kia
6. Abdullah Hashim Co Ltd.: Honda
7. United Motors: Chrysler, Cherokee, Dodge
8. Alesayi Motors: Mitsubishi
9. Aljazirah Vehicles Agencies Co: Ford, Lincoln
10. Almajdouie Motors: Hyundai, Genesis – eastern region
11. Wallan Motors: Hyundai, Genesis – central region
12. Mohamed Yousof Naghi Motors: Hyundai, Genesis, BMW
13. Haji Husein Alireza and Co: Mazda
14. Samaco automotive: Audi
15. Ibrahim Al Jaffali and Bros Car Company: Mercedes Benz