What is the car loan process for purchasing a Changan CS85 2023 2.0T GDI Premium in KSA?

The car loan process typically involves selecting the vehicle, choosing a lender, submitting an application, providing necessary documents, and awaiting approval.

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

Yes, taking a car loan can affect your credit score as it reflects your credit utilization. Timely payments can improve your score.

What should I consider before applying for a car loan in KSA?

Consider your budget, interest rates, loan terms, and your ability to make monthly payments before applying for a car loan.

What factors can influence the interest rate of my car loan in KSA?

Factors influencing the interest rate include your credit score, loan amount, loan term, and the lender's policies.

What documents are required for a car loan application in KSA?

Common documents required include proof of identity, income statements, employment verification, and details about the vehicle.

CarteaCar Loan Calculator

Changan CS85 2023 2.0T GDI Premium Car Loan Calculator in KSA

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

Calculation Of Loans

Total Car PriceSAR 114,999

Down PaymentSAR 23,000

Monthly PaymentSAR 7,750
Total CostSAR 116,000
Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment Schedule	Monthly Payment	Remaining Amount
1	SAR 7,750	SAR 85,250
2	SAR 7,750	SAR 77,500
3	SAR 7,750	SAR 69,750
4	SAR 7,750	SAR 62,000
5	SAR 7,750	SAR 54,250
6	SAR 7,750	SAR 46,500
7	SAR 7,750	SAR 38,750
8	SAR 7,750	SAR 31,000
9	SAR 7,750	SAR 23,250
10	SAR 7,750	SAR 15,500
11	SAR 7,750	SAR 7,750
12	SAR 7,750	SAR 0

Car Finance Recommendation

Our Partnered Bank

In-house Team
Low Interset Rate
High Approval Rate

Changan CS85 2023 2.0T GDI Premium Car Loan Calculator FAQs in KSA

The car loan process typically involves selecting the vehicle, choosing a lender, submitting an application, providing necessary documents, and awaiting approval.
Yes, taking a car loan can affect your credit score as it reflects your credit utilization. Timely payments can improve your score.
Consider your budget, interest rates, loan terms, and your ability to make monthly payments before applying for a car loan.
Factors influencing the interest rate include your credit score, loan amount, loan term, and the lender's policies.
Common documents required include proof of identity, income statements, employment verification, and details about the vehicle.