What is the loan process for purchasing a C5 Aircross SHINE in KSA?

The loan process typically involves selecting a bank, submitting your financial documents, filling out an application, and waiting for approval before signing the loan agreement.

Will taking out a loan for the C5 Aircross SHINE affect my credit score?

Yes, taking out a loan can affect your credit score. It may lower your score initially due to the hard inquiry, but timely payments can improve it over time.

What should I be aware of when applying for a car loan?

Be aware of the interest rates, loan terms, any additional fees, and your monthly payment obligations before signing any agreement.

What factors influence the interest rate for a car loan in KSA?

Factors include your credit score, loan amount, loan term, and the bank's policies regarding auto loans.

Can I refinance my loan for the C5 Aircross SHINE later?

Yes, you can refinance your loan if you find a better interest rate or terms, but it's important to consider any fees associated with refinancing.

CarteaCar Loan Calculator

C5 Aircross SHINE Car Loan Calculator in KSA

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

Monthly Payment

SAR 9,998

Down Payment

SAR 29,670

Total Cost

SAR 149,646

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 9,998	SAR 109,978
2	SAR 9,998	SAR 99,980
3	SAR 9,998	SAR 89,982
4	SAR 9,998	SAR 79,984
5	SAR 9,998	SAR 69,986
6	SAR 9,998	SAR 59,988
7	SAR 9,998	SAR 49,990
8	SAR 9,998	SAR 39,992
9	SAR 9,998	SAR 29,994
10	SAR 9,998	SAR 19,996
11	SAR 9,998	SAR 9,998
12	SAR 9,998	SAR 0

Monthly Payment Composition

Interest: 108

Principal: 9890

C5 Aircross SHINE Car Loan Calculator FAQs in KSA

The loan process typically involves selecting a bank, submitting your financial documents, filling out an application, and waiting for approval before signing the loan agreement.
Yes, taking out a loan can affect your credit score. It may lower your score initially due to the hard inquiry, but timely payments can improve it over time.
Be aware of the interest rates, loan terms, any additional fees, and your monthly payment obligations before signing any agreement.
Factors include your credit score, loan amount, loan term, and the bank's policies regarding auto loans.
Yes, you can refinance your loan if you find a better interest rate or terms, but it's important to consider any fees associated with refinancing.