What are the loan options available for purchasing a CX5 High in KSA?

In KSA, you can choose from various loan options such as fixed-rate loans, variable-rate loans, and leasing options specifically tailored for car purchases.

How can I apply for a car loan for a CX5 High in KSA?

You can apply for a car loan through a bank or financial institution by providing necessary documents such as your ID, salary proof, and a quotation for the car.

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, which can improve your score, or if you miss payments, which can harm it.

What should I be aware of when taking a car loan for a CX5 High?

Be aware of the interest rates, loan tenure, any hidden fees, and the total cost of the loan over time before making a decision.

What factors can affect the loan interest rate for a car in KSA?

Factors include your credit score, the loan amount, the duration of the loan, and the overall economic conditions in KSA.

CarteaCar Loan Calculator

CX5 High Car Loan Calculator in KSA

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

Monthly Payment

SAR 8,525

Down Payment

SAR 25,300

Total Cost

SAR 127,600

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 8,525	SAR 93,775
2	SAR 8,525	SAR 85,250
3	SAR 8,525	SAR 76,725
4	SAR 8,525	SAR 68,200
5	SAR 8,525	SAR 59,675
6	SAR 8,525	SAR 51,150
7	SAR 8,525	SAR 42,625
8	SAR 8,525	SAR 34,100
9	SAR 8,525	SAR 25,575
10	SAR 8,525	SAR 17,050
11	SAR 8,525	SAR 8,525
12	SAR 8,525	SAR 0

Monthly Payment Composition

Interest: 92

Principal: 8433

CX5 High Car Loan Calculator FAQs in KSA

In KSA, you can choose from various loan options such as fixed-rate loans, variable-rate loans, and leasing options specifically tailored for car purchases.
You can apply for a car loan through a bank or financial institution by providing necessary documents such as your ID, salary proof, and a quotation for the car.
Yes, taking a car loan can affect your credit score, especially if you make timely payments, which can improve your score, or if you miss payments, which can harm it.
Be aware of the interest rates, loan tenure, any hidden fees, and the total cost of the loan over time before making a decision.
Factors include your credit score, the loan amount, the duration of the loan, and the overall economic conditions in KSA.