What is the car loan process for purchasing a Chevrolet Captiva 2024 1.5T LS in KSA?

The car loan process typically involves selecting the vehicle, applying for a loan with a bank or financial institution, providing necessary documents, and then getting approval before finalizing the purchase.

Will taking a loan for the Chevrolet Captiva affect my credit score?

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

What are the important factors to consider when applying for a car loan?

Important factors include your credit score, income, loan amount, interest rates, and the loan term.

What documents do I need to provide for a car loan application?

Typically, you will need to provide your ID, proof of income, bank statements, and information about the vehicle.

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

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

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Chevrolet Captiva 2024 1.5T LS Car Loan Calculator in KSA

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

Monthly Payment

SAR 4,922

Down Payment

SAR 14,605

Total Cost

SAR 73,669

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 4,922	SAR 54,142
2	SAR 4,922	SAR 49,220
3	SAR 4,922	SAR 44,298
4	SAR 4,922	SAR 39,376
5	SAR 4,922	SAR 34,454
6	SAR 4,922	SAR 29,532
7	SAR 4,922	SAR 24,610
8	SAR 4,922	SAR 19,688
9	SAR 4,922	SAR 14,766
10	SAR 4,922	SAR 9,844
11	SAR 4,922	SAR 4,922
12	SAR 4,922	SAR 0

Monthly Payment Composition

Interest: 54

Principal: 4868

Chevrolet Captiva 2024 1.5T LS Car Loan Calculator FAQs in KSA

The car loan process typically involves selecting the vehicle, applying for a loan with a bank or financial institution, providing necessary documents, and then getting approval before finalizing the purchase.
Yes, taking a loan can affect your credit score. Timely payments can improve it, while missed payments can lower it.
Important factors include your credit score, income, loan amount, interest rates, and the loan term.
Typically, you will need to provide your ID, proof of income, bank statements, and information about the vehicle.
Factors affecting the interest rate include your credit score, the loan amount, the loan term, and current market conditions.