What is the car loan process for purchasing a B70S Limousine 2.0T in KSA?

The car loan process involves selecting the vehicle, applying for financing through a bank or financial institution, providing necessary documents, and signing the loan agreement.

Will taking a loan for the B70S Limousine 2.0T affect my credit score?

Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.

What should I consider before applying for a car loan?

Consider your budget, interest rates, loan terms, your credit score, and the total cost of the vehicle including insurance and maintenance.

What factors can affect the interest rate on my car loan?

Factors include your credit score, the loan amount, the loan term, the type of vehicle, and the current market conditions.

Do I need a down payment for the B70S Limousine 2.0T loan?

Most lenders require a down payment, which can reduce your monthly payments and the total interest paid over the life of the loan.

CarteaCar Loan Calculator

B70S Limousine 2.0T Car Loan Calculator in KSA

To finance this car, you can first calculate the installment price in KSA

Monthly Payment

SAR 7,137

Down Payment

SAR 21,179

Total Cost

SAR 106,823

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 7,137	SAR 78,507
2	SAR 7,137	SAR 71,370
3	SAR 7,137	SAR 64,233
4	SAR 7,137	SAR 57,096
5	SAR 7,137	SAR 49,959
6	SAR 7,137	SAR 42,822
7	SAR 7,137	SAR 35,685
8	SAR 7,137	SAR 28,548
9	SAR 7,137	SAR 21,411
10	SAR 7,137	SAR 14,274
11	SAR 7,137	SAR 7,137
12	SAR 7,137	SAR 0

Monthly Payment Composition

Interest: 78

Principal: 7059

B70S Limousine 2.0T Car Loan Calculator FAQs in KSA

The car loan process involves selecting the vehicle, applying for financing through a bank or financial institution, providing necessary documents, and signing the loan agreement.
Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.
Consider your budget, interest rates, loan terms, your credit score, and the total cost of the vehicle including insurance and maintenance.
Factors include your credit score, the loan amount, the loan term, the type of vehicle, and the current market conditions.
Most lenders require a down payment, which can reduce your monthly payments and the total interest paid over the life of the loan.