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Chevrolet Groove 2023 1.5L Premier Car Loan Calculator in KSA

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

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car price (SAR)*

down payment *
%
Loan Period (years) *
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interest rate *
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calculate

Monthly Payment

SAR 5,139

Down Payment

SAR 15,249

Total Cost

SAR 76,917

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1SAR 5,139SAR 56,529
2SAR 5,139SAR 51,390
3SAR 5,139SAR 46,251
4SAR 5,139SAR 41,112
5SAR 5,139SAR 35,973
6SAR 5,139SAR 30,834
7SAR 5,139SAR 25,695
8SAR 5,139SAR 20,556
9SAR 5,139SAR 15,417
10SAR 5,139SAR 10,278
11SAR 5,139SAR 5,139
12SAR 5,139SAR 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.