What is the Eado Plus Trend car loan in KSA?

The Eado Plus Trend car loan in KSA is a financing option provided by banks to help customers purchase the Eado Plus Trend vehicle. It typically involves monthly installments over a set period.

How can I apply for an Eado Plus Trend car loan?

You can apply for an Eado Plus Trend car loan by visiting a bank branch or applying online through the bank's website. You will need to provide necessary documentation such as identification and income proof.

Does taking a car loan affect my credit score?

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

What should I be aware of when taking out a car loan?

Be aware of the interest rates, loan terms, and any hidden fees. It's important to read the loan agreement carefully before signing.

What factors influence car loan rates in KSA?

Factors that influence car loan rates include your credit score, the loan amount, the loan term, and prevailing economic conditions.

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Eado Plus Trend Car Loan Calculator in KSA

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

Monthly Payment

SAR 4,558

Down Payment

SAR 13,525

Total Cost

SAR 68,221

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 4,558	SAR 50,138
2	SAR 4,558	SAR 45,580
3	SAR 4,558	SAR 41,022
4	SAR 4,558	SAR 36,464
5	SAR 4,558	SAR 31,906
6	SAR 4,558	SAR 27,348
7	SAR 4,558	SAR 22,790
8	SAR 4,558	SAR 18,232
9	SAR 4,558	SAR 13,674
10	SAR 4,558	SAR 9,116
11	SAR 4,558	SAR 4,558
12	SAR 4,558	SAR 0

Monthly Payment Composition

Interest: 50

Principal: 4508

Eado Plus Trend Car Loan Calculator FAQs in KSA

The Eado Plus Trend car loan in KSA is a financing option provided by banks to help customers purchase the Eado Plus Trend vehicle. It typically involves monthly installments over a set period.
You can apply for an Eado Plus Trend car loan by visiting a bank branch or applying online through the bank's website. You will need to provide necessary documentation such as identification and income proof.
Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.
Be aware of the interest rates, loan terms, and any hidden fees. It's important to read the loan agreement carefully before signing.
Factors that influence car loan rates include your credit score, the loan amount, the loan term, and prevailing economic conditions.