I am looking for getting a car, so firstly I want to understand the methods of obtaining car here in Saudi Arabia.
First I was considering to buy a used car under the budget of 10,000 SAR but then I got to know that such car won't be in good service to use, so I dropped this idea.
On the other hand, I have been finding these two terminologies;
1. Car on Lease (which I found to be present most)
2. Car on Installments
Is it true that under "Car on lease", if e-g I obtain a car for a duration of 2 years then after the duration completed, I shall have to return the car to the company and it wont be my property?
"Car on installments", if e-g I obtain a car for duration of 2 years then after the duration is completed, the car will become my property?
I just want to confirm these things, in order to not get myself in trouble by having less knowledge or information.
Thanks in anticipation.