Transfer ownership

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Member since 23 July 2017

Mohammad idrisMember23 July 2017 13:20:29

hi,

i am planning to buy 1 car, i have seen one car which is on lease from arab national bank (ANB), Only 10 easy monthly installments (EMIs) is remaining, the amount is 1200*10 =12000 only.

is this possible that i will pay 12000 to the bank and bank will process all documents on same time that i can take transfer car on my name, or it will take time 3,4 days to complete all process.

i don't want to handover my hard earn money to the stranger without any guaranty.

please guide me what is good for me,

many thanks in advance

hamudi ViP

Member since 28 January 2011

hamudiViP24 July 2017 05:03:37

1981

Just go to the bank with the seller and try to do it in person

or takeover the lease and then make the payment.

Mohammad idris Member

Member since 23 July 2017

Mohammad idrisMember24 July 2017 14:54:03

Many thanks

Mohammad idris Member

Member since 23 July 2017

Mohammad idrisMember24 July 2017 15:00:40

Brother one more question,

The car registration is fail, does it effect on lease transfer ?

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