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Thanks ricepower. Nice advice. Will go and check out with ALJ people.
Moreover, the Al Rajhi bank financing seems to be better than ALJ if i see the entire payment till the end of tenure. I am thinking of going to Al Rajhi bank and ask them their requirement and accordingly contact kafeel, pay him some money and take it out. would this be good?
Option number two: I spoke to a company called "Leasing cars ltd",,,,,they people are offering a service to people that without any documents, they are taking out installment deals with ALJ. Essentially what they do is, they take the car on their name, and after 1 month time, they have the name changed in Istemara from their name to the real owners name. The entire costing is same, but they are charging an additional 5k riyals for it. Any inputs on this,,,that whether this option is good incase i don't find any other?
Third option: Let me know guys if this is possible. I take the car installments on my cousins name and then after 1 month transfer it on my name. Is this possible?
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