What are the loan options available for purchasing a COROLLA 1.5L XLI in KSA?

In KSA, you can choose from various loan options such as conventional loans, Islamic financing, and personal loans tailored for car purchases.

How do I apply for a car loan for a COROLLA 1.5L XLI in KSA?

You can apply for a car loan by visiting a bank or financial institution, filling out the application form, and providing necessary documents such as proof of income and identification.

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

Yes, taking a car loan can affect your credit score, especially if you make timely payments. It's important to manage your repayments responsibly.

What should I be aware of when taking a car loan for a COROLLA 1.5L XLI?

You should be aware of interest rates, loan tenure, down payment requirements, and any additional fees or insurance costs associated with the loan.

What factors can affect the loan interest rate for a COROLLA 1.5L XLI in KSA?

Factors that can affect the loan interest rate include your credit history, the bank's policies, the loan amount, and the duration of the loan.

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COROLLA 1.5L XLI Car Loan Calculator in KSA

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

Monthly Payment

SAR 5,301

Down Payment

SAR 15,732

Total Cost

SAR 79,344

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 5,301	SAR 58,311
2	SAR 5,301	SAR 53,010
3	SAR 5,301	SAR 47,709
4	SAR 5,301	SAR 42,408
5	SAR 5,301	SAR 37,107
6	SAR 5,301	SAR 31,806
7	SAR 5,301	SAR 26,505
8	SAR 5,301	SAR 21,204
9	SAR 5,301	SAR 15,903
10	SAR 5,301	SAR 10,602
11	SAR 5,301	SAR 5,301
12	SAR 5,301	SAR 0

Monthly Payment Composition

Interest: 57

Principal: 5244

COROLLA 1.5L XLI Car Loan Calculator FAQs in KSA

In KSA, you can choose from various loan options such as conventional loans, Islamic financing, and personal loans tailored for car purchases.
You can apply for a car loan by visiting a bank or financial institution, filling out the application form, and providing necessary documents such as proof of income and identification.
Yes, taking a car loan can affect your credit score, especially if you make timely payments. It's important to manage your repayments responsibly.
You should be aware of interest rates, loan tenure, down payment requirements, and any additional fees or insurance costs associated with the loan.
Factors that can affect the loan interest rate include your credit history, the bank's policies, the loan amount, and the duration of the loan.