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Car Leasing
Leasing with the Promise-to-Own:
This type of leasing contract was developed to meet the requirements of clients wishing to use car for a protracted period of time with full insurance coverage and warranty. At the end of the contract, they shall have the freedom to choose whether to buy the car in full payment or monthly installment, or return it.
This type of contract is particularly convenient for clients unable to obtain Kuwaiti sponsorship. It is based on a monthly fee, far less than the value of the selling installment.
This is because the beneficiary from this contract will have to make a payment at the end of the contract, which turns it into a purchase contract. The amount paid is the same amount at which “KFH” promised to sell the car to the client.
The Advantages of Leasing with Maintenance:
- Golden comprehensive insurance during the duration of the contract.
- without a sponsor (According to terms and conditions of finance).
- Authorized dealers warranty (for new cars only).
- Last installment.
- Replacement car in case of accident.
