LEASING WITH SNB
We put the ease in lease
One of the great things about SNB Store is that every car is available through SNB Auto Lease to help you get the car you want at a budget you can afford.
Why lease with SNB?
Flexibility is our strength
Backed by Saudi’s biggest bank, we can customize your financing to best suit your lifestyle.With SNB Auto Lease, we offer flexible down payments and balloon payments, and easy to manage monthly installments up to five years with an APR starting from 10.9%.
Simply convenient
SNB Auto Lease requires minimum documentation from SNB current account holders. And everything is done online – so no paperwork necessary.No surprises
We make sure everything is clear and easy to understand, even the fine print.How to purchase using SNB Auto Lease
Getting a lease for the car you want is easy because the lease application process is integrated into SNB Marketplace. There's no need to get a lease elsewhere.
Fill in your personal details
You'll need to provide personal and financial information so we can check your eligibility for the auto lease.
Agree to the lease offer
You'll then be presented a lease offer, which can be modified to fit your requirements. Agree to the offer then proceed to payment.
Pick a payment method
Choose which SNB current account you'd like to charge the initial payment to. The amount will be automatically charged once your lease application is approved.
Pick up your car
You may pick up your car from the nearest showroom.
Is leasing right for me?
Is leasing right for me?
If you do not have the cash on hand or if you would rather use your cash for another investment, leasing a car is a popular option to get the car you want immediately.
The flexibility of monthly installments means you only pay for a small amount each month for up to five years. So you can already drive the car without having to pay a huge amount of money upfront.
For example, instead of paying SAR 50,000 for a car to own it, you can simply pay SAR 10,000 then pay for the rest (plus our fees) over 60 equal monthly installments - which could be as little as SAR 500 per month.
Let’s do the math
Our lease calculators will help you determine the monthly payment based on the car price, lease duration, down payment and balloon payment.
