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

Calculation Of Loans

Total Car Price-

Down PaymentSAR 12,418

Monthly PaymentSAR 49,754
Total CostSAR 62,172
Loan Period1 Month

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 49,754	SAR 0

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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.