Chevrolet Groove 2023 1.5L Premier Car Loan Calculator in KSA
To finance this car, you can first calculate the installment price in KSA
Monthly Payment
SAR 5,139
Down Payment
SAR 15,249
Total Cost
SAR 76,917
Car Loan Monthly Installments Schedule
| Repayment Schedule | Monthly Repayment | Remaining repayment amount |
|---|---|---|
| 1 | SAR 5,139 | SAR 56,529 |
| 2 | SAR 5,139 | SAR 51,390 |
| 3 | SAR 5,139 | SAR 46,251 |
| 4 | SAR 5,139 | SAR 41,112 |
| 5 | SAR 5,139 | SAR 35,973 |
| 6 | SAR 5,139 | SAR 30,834 |
| 7 | SAR 5,139 | SAR 25,695 |
| 8 | SAR 5,139 | SAR 20,556 |
| 9 | SAR 5,139 | SAR 15,417 |
| 10 | SAR 5,139 | SAR 10,278 |
| 11 | SAR 5,139 | SAR 5,139 |
| 12 | SAR 5,139 | SAR 0 |
Monthly Payment Composition
Interest: 56
Principal: 5083
Chevrolet Groove 2023 1.5L Premier Car Loan Calculator FAQs in KSA
The car loan for the Chevrolet Groove 2023 1.5L Premier in KSA typically varies based on the bank, but it generally covers up to 80-100% of the car's value, subject to approval.
To apply for a car loan, you need to visit a bank or financial institution, provide necessary documents such as your ID, income proof, and vehicle details, and fill out a loan application form.
Yes, taking a car loan can affect your credit score. If you make timely payments, it can improve your score; however, missing payments can negatively impact it.
When taking a car loan, be aware of the interest rate, loan term, any hidden fees, and ensure that the monthly payments fit your budget.
Factors that can affect the interest rate include your credit score, the loan amount, the loan term, and the current economic conditions.
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