Cayenne S - Catrgory B Vehicle

[Hasan Shaikh]

Guys

I just spoke to a guy at ADCB for vehilce loan and he told me that Cayenne S is a Category B Vehicle and I cannot get it leased for 5 years.

The maximum lease period shall be 4 years.

Is it true?

How are the categories determined and what do they mean?

Thanks for your help and information.

[SSense]

This is the first time Im coming across a bank that is categorising vehicles.. :dunno:

Try calling back their toll free number, a different customer assistant will give you a different information..

[Ayham]

Is it based on engine displacement? Car value, and hence your wallet size? What?

[eoudeh]

I believe there is new rules now regarding the car loan, this what I heard or maybe the assume that the car after 4 years will not cover the balance amount

[Hasan Shaikh]

Is it based on engine displacement? Car value, and hence your wallet size? What?

I have no idea. :dunno::wired:

I believe there is new rules now regarding the car loan, this what I heard or maybe the assume that the car after 4 years will not cover the balance amount

Perhaps. I called the guy again, and he says that the Cayenne S is a sports car and so the interest rate is higher, loan period is shorter and downpayment is higher.

In short I am facked. :lol:

[Ayham]

Sports car???

[Hasan Shaikh]

Sports car???

Thats what the dude told me.

Apparently he is the guy specially appointed by ADCB for Porsche showroom.

He is the Porsche expert from ADCB. :spank2:

[eoudeh]

Those ppl they think everything typed on it Porsche ..they said its sport!

[Hasan Shaikh]

Those ppl they think everything typed on it Porsche ..they said its sport!

Exactly :lol:

And their stupid thinking puts me in trouble.

[ahmad.alkhalil]

I think he thought it was a Cayman?! trying to help the guy look like less of an idiot :D

[Hasan Shaikh]

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:lol:

I thought so too. So o explained that it is an SUV and then I had the showroom guy call him and explain. Still it's a sports car.

[ahmad.alkhalil]

sometimes u just cant argue with idiots!

[Ehssan]

As far as i know is that used cars loans only 4 years max , new cars can get 5 years loan .. it has nothing to do with categories ...

[Hasan Shaikh]

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As far as i know is that used cars loans only 4 years max , new cars can get 5 years loan .. it has nothing to do with categories ...

If you have any friends in a bank. Can you please check for me.

Thanks

[Bruno]

i also deal with ADCB... i wanted to get a car loan at one point and this lady was very helpful see if she can help you. Rawan direct line at 026963569 she works for adcb and i hope she is still there.