?Amman- October 9, 2006- Following the signing of a new agreement with Jordan Investment & Finance Bank (JIF Bank), and in collaboration with AAA Jordan, Al Khayyatt Motors introduced three new payment methods to own a Mazda or a Peugeot car throughout the Holy month of Ramadan. 

All offers provide the buyer with AAA Jordan's 24 hours a day, seven days a week Road services.  The first option requires a 40% down payment and three equal payments over three years with no interest rate. The other option requires a 15% down payment and equal monthly installments over 72 months with a 2.75 interest rate.  The final option allows for no down payment, equal monthly installment over 24 months with no interest rate.

"What differentiates this offer from others in the market is the combination of easy payment methods during which one can finance a car, through JIF Bank's unique car financing loans program. These options were devised to present people with alternatives that best suit their needs and financial obligations." said General Manager of Al Khayyat Motors.

These offers that Al Khayyat Motors continues to introduce to the Jordanian market are indications of the company's commitment to excellence for its existing clients as well as potential customers.

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About Al Khayyat Group
Al Khayyat Group is the sole agent for two international automotive manufacturers - Peugeot and Mazda - and was recently appointed as sole agent in Jordan for Iran Khodro, the Iranian car producer and the Chinese vehicle manufacturer, Geely.

Since 1996, when Al Khayyat Motors was established as sole agent for Peugeot, the company has built the reputation and acceptance of the brand within the Jordanian market, achieving unprecedented sales and a market share position of over 9%.

Al Khayyat's commitment to the Jordanian market is very acute.   The Group recently invested US$7 million in the establishment of a high-tech and fully equipped service center in Al Bayader and a new showroom and commercial center in Mecca Street

© Press Release 2006