What is the car loan process for purchasing a Changan Hunter 2023 1.9T Sigma (4WD) in KSA?

The car loan process typically involves selecting a bank, submitting an application with your financial details, providing necessary documents, and awaiting approval. Once approved, you will review and sign the loan agreement.

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

Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.

What factors influence the interest rates for car loans in KSA?

Interest rates for car loans can be influenced by factors such as your credit score, the loan amount, the loan term, and the bank's policies.

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

When applying for a car loan, be aware of your budget, the total cost of the loan (including interest), and any additional fees. Also, ensure you have all necessary documentation ready.

Is it better to get a loan from a bank or a dealership for the Changan Hunter 2023?

It depends on your circumstances. Banks may offer better interest rates, while dealerships might provide easier approval processes. Compare both options before deciding.

CarteaCar Loan Calculator

Changan Hunter 2023 1.9T Sigma (4WD) Car Loan Calculator in KSA

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

Monthly Payment

SAR 5,766

Down Payment

SAR 17,112

Total Cost

SAR 86,304

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 5,766	SAR 63,426
2	SAR 5,766	SAR 57,660
3	SAR 5,766	SAR 51,894
4	SAR 5,766	SAR 46,128
5	SAR 5,766	SAR 40,362
6	SAR 5,766	SAR 34,596
7	SAR 5,766	SAR 28,830
8	SAR 5,766	SAR 23,064
9	SAR 5,766	SAR 17,298
10	SAR 5,766	SAR 11,532
11	SAR 5,766	SAR 5,766
12	SAR 5,766	SAR 0

Monthly Payment Composition

Interest: 62

Principal: 5704

Changan Hunter 2023 1.9T Sigma (4WD) Car Loan Calculator FAQs in KSA

The car loan process typically involves selecting a bank, submitting an application with your financial details, providing necessary documents, and awaiting approval. Once approved, you will review and sign the loan agreement.
Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.
Interest rates for car loans can be influenced by factors such as your credit score, the loan amount, the loan term, and the bank's policies.
When applying for a car loan, be aware of your budget, the total cost of the loan (including interest), and any additional fees. Also, ensure you have all necessary documentation ready.
It depends on your circumstances. Banks may offer better interest rates, while dealerships might provide easier approval processes. Compare both options before deciding.