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

You can choose between various financing options such as bank loans, dealership financing, or personal loans tailored for car purchases.

How do I apply for a car loan for the Changan Eado in KSA?

To apply for a car loan, you need to provide necessary documents like proof of income, identification, and a completed loan application form to your preferred bank or financial institution.

Will taking a car loan affect my credit score?

Yes, taking a car loan will impact your credit score, especially if you make timely payments. It can improve your score if managed well, but late payments can negatively affect it.

What should I pay attention to when taking a car loan?

Pay attention to the interest rate, loan terms, hidden fees, and your repayment capacity to ensure that you can afford the monthly payments.

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

Factors include your credit score, the loan amount, the length of the loan term, and the bank's current lending policies.

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

You can choose between various financing options such as bank loans, dealership financing, or personal loans tailored for car purchases.
To apply for a car loan, you need to provide necessary documents like proof of income, identification, and a completed loan application form to your preferred bank or financial institution.
Yes, taking a car loan will impact your credit score, especially if you make timely payments. It can improve your score if managed well, but late payments can negatively affect it.
Pay attention to the interest rate, loan terms, hidden fees, and your repayment capacity to ensure that you can afford the monthly payments.
Factors include your credit score, the loan amount, the length of the loan term, and the bank's current lending policies.