What is the car loan process for purchasing a Changan Hunter 2024 1.9T Omega (2WD) in KSA?

The car loan process typically involves selecting a lender, submitting a loan application, providing necessary documents, and awaiting approval. Once approved, you can finalize the purchase.

Will taking out a loan for the Changan Hunter 2024 affect my credit score?

Yes, taking out a loan can impact your credit score positively if you make timely payments, but it may also lower your score initially due to the hard inquiry.

What factors should I consider before taking a loan for the Changan Hunter 2024?

Consider your monthly budget, interest rates, loan terms, and your credit history. It's also important to compare offers from different lenders.

Are there any specific documents required for a car loan application in KSA?

Yes, usually you need to provide a copy of your ID, proof of income, bank statements, and possibly a credit report.

What influences the interest rate on my car loan for the Changan Hunter 2024?

Interest rates can be influenced by your credit score, the duration of the loan, the lender's policies, and current market conditions.

CarteaCar Loan Calculator

Changan Hunter 2024 1.9T Omega (2WD) Car Loan Calculator in KSA

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

Monthly Payment

SAR 4,914

Down Payment

SAR 14,582

Total Cost

SAR 73,550

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 4,914	SAR 54,054
2	SAR 4,914	SAR 49,140
3	SAR 4,914	SAR 44,226
4	SAR 4,914	SAR 39,312
5	SAR 4,914	SAR 34,398
6	SAR 4,914	SAR 29,484
7	SAR 4,914	SAR 24,570
8	SAR 4,914	SAR 19,656
9	SAR 4,914	SAR 14,742
10	SAR 4,914	SAR 9,828
11	SAR 4,914	SAR 4,914
12	SAR 4,914	SAR 0

Monthly Payment Composition

Interest: 54

Principal: 4860

Changan Hunter 2024 1.9T Omega (2WD) Car Loan Calculator FAQs in KSA

The car loan process typically involves selecting a lender, submitting a loan application, providing necessary documents, and awaiting approval. Once approved, you can finalize the purchase.
Yes, taking out a loan can impact your credit score positively if you make timely payments, but it may also lower your score initially due to the hard inquiry.
Consider your monthly budget, interest rates, loan terms, and your credit history. It's also important to compare offers from different lenders.
Yes, usually you need to provide a copy of your ID, proof of income, bank statements, and possibly a credit report.
Interest rates can be influenced by your credit score, the duration of the loan, the lender's policies, and current market conditions.