What are the common loan options available for purchasing a Changan Alsvin 2020 1.5L Basic in KSA?

In KSA, you can find various loan options such as Islamic car loans, conventional loans, and personal loans from different banks and financial institutions.

How do I apply for a car loan for the Changan Alsvin 2020 1.5L Basic?

To apply for a car loan, you typically need to provide proof of income, identification, and any required documents to your chosen bank or financial institution.

Will taking a car loan 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 be aware of when taking a car loan for the Changan Alsvin?

You should consider the interest rates, loan terms, and any additional fees before signing the loan agreement.

What factors can affect the loan interest rates in KSA?

Factors that can affect loan interest rates include the central bank rate, your credit score, and the duration of the loan.

CarteaCar Loan Calculator

Changan Alsvin 2020 1.5L Basic Car Loan Calculator in KSA

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

Monthly Payment

SAR 2,805

Down Payment

SAR 8,324

Total Cost

SAR 41,984

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 2,805	SAR 30,855
2	SAR 2,805	SAR 28,050
3	SAR 2,805	SAR 25,245
4	SAR 2,805	SAR 22,440
5	SAR 2,805	SAR 19,635
6	SAR 2,805	SAR 16,830
7	SAR 2,805	SAR 14,025
8	SAR 2,805	SAR 11,220
9	SAR 2,805	SAR 8,415
10	SAR 2,805	SAR 5,610
11	SAR 2,805	SAR 2,805
12	SAR 2,805	SAR 0

Monthly Payment Composition

Interest: 31

Principal: 2774

Changan Alsvin 2020 1.5L Basic Car Loan Calculator FAQs in KSA

In KSA, you can find various loan options such as Islamic car loans, conventional loans, and personal loans from different banks and financial institutions.
To apply for a car loan, you typically need to provide proof of income, identification, and any required documents to your chosen bank or financial institution.
Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.
You should consider the interest rates, loan terms, and any additional fees before signing the loan agreement.
Factors that can affect loan interest rates include the central bank rate, your credit score, and the duration of the loan.