What are the financing options available for purchasing a Changan Eado 2018 1.6L Elite in KSA?

In KSA, you can choose from various financing options including bank loans, dealership financing, and personal loans. Each option has its own terms and interest rates.

How does a car loan impact my credit score in KSA?

Taking a car loan can affect your credit score positively if you make timely payments. However, missing payments can negatively impact your score.

What should I consider before applying for a car loan?

Before applying, consider your budget, interest rates, loan terms, and whether you can afford the monthly payments without straining your finances.

What factors can affect the interest rate on my car loan?

Factors that can affect your interest rate include your credit score, the loan amount, the loan term, and current market conditions.

Can I refinance my car loan in KSA?

Yes, you can refinance your car loan in KSA to potentially get a lower interest rate or better loan terms, but it’s important to compare options before proceeding.

CarteaCar Loan Calculator

Changan Eado 2018 1.6L Elite Car Loan Calculator in KSA

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

Monthly Payment

SAR 3,993

Down Payment

SAR 11,850

Total Cost

SAR 59,766

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 3,993	SAR 43,923
2	SAR 3,993	SAR 39,930
3	SAR 3,993	SAR 35,937
4	SAR 3,993	SAR 31,944
5	SAR 3,993	SAR 27,951
6	SAR 3,993	SAR 23,958
7	SAR 3,993	SAR 19,965
8	SAR 3,993	SAR 15,972
9	SAR 3,993	SAR 11,979
10	SAR 3,993	SAR 7,986
11	SAR 3,993	SAR 3,993
12	SAR 3,993	SAR 0

Monthly Payment Composition

Interest: 43

Principal: 3950

Changan Eado 2018 1.6L Elite Car Loan Calculator FAQs in KSA

In KSA, you can choose from various financing options including bank loans, dealership financing, and personal loans. Each option has its own terms and interest rates.
Taking a car loan can affect your credit score positively if you make timely payments. However, missing payments can negatively impact your score.
Before applying, consider your budget, interest rates, loan terms, and whether you can afford the monthly payments without straining your finances.
Factors that can affect your interest rate include your credit score, the loan amount, the loan term, and current market conditions.
Yes, you can refinance your car loan in KSA to potentially get a lower interest rate or better loan terms, but it’s important to compare options before proceeding.