What is a car loan for the BAIC X35 2022 1.5L Luxury in KSA?

A car loan for the BAIC X35 2022 1.5L Luxury in KSA is a financial product that allows you to borrow money to purchase the vehicle, which you will pay back over a set period with interest.

How do I apply for a car loan for the BAIC X35 in KSA?

To apply for a car loan for the BAIC X35, you need to visit a bank or financial institution, provide necessary documents such as your ID, income proof, and fill out a loan application form.

Will taking a car loan affect my credit score in KSA?

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 be aware of when taking a car loan in KSA?

When taking a car loan, be aware of the interest rates, loan terms, your monthly payment capabilities, and any additional fees associated with the loan.

What factors affect the loan interest rate in KSA?

Factors that affect the loan interest rate include your credit score, the amount of the loan, the term of the loan, and the bank's policies.

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BAIC X35 2022 1.5L Luxury Car Loan Calculator in KSA

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

Monthly Payment

SAR 4,185

Down Payment

SAR 12,418

Total Cost

SAR 62,638

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 4,185	SAR 46,035
2	SAR 4,185	SAR 41,850
3	SAR 4,185	SAR 37,665
4	SAR 4,185	SAR 33,480
5	SAR 4,185	SAR 29,295
6	SAR 4,185	SAR 25,110
7	SAR 4,185	SAR 20,925
8	SAR 4,185	SAR 16,740
9	SAR 4,185	SAR 12,555
10	SAR 4,185	SAR 8,370
11	SAR 4,185	SAR 4,185
12	SAR 4,185	SAR 0

Monthly Payment Composition

Interest: 46

Principal: 4139

BAIC X35 2022 1.5L Luxury Car Loan Calculator FAQs in KSA

A car loan for the BAIC X35 2022 1.5L Luxury in KSA is a financial product that allows you to borrow money to purchase the vehicle, which you will pay back over a set period with interest.
To apply for a car loan for the BAIC X35, you need to visit a bank or financial institution, provide necessary documents such as your ID, income proof, and fill out a loan application form.
Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.
When taking a car loan, be aware of the interest rates, loan terms, your monthly payment capabilities, and any additional fees associated with the loan.
Factors that affect the loan interest rate include your credit score, the amount of the loan, the term of the loan, and the bank's policies.