What are the requirements to apply for a car loan for Exeed LX 2023 1.5T Flagship in KSA?

To apply for a car loan, you typically need to provide proof of income, identification documents, and details about the vehicle you wish to purchase.

How does taking a car loan affect my credit score in KSA?

Taking a car loan can impact your credit score positively if you make timely payments, but missed payments can lower your score.

What factors should I consider when choosing a car loan for Exeed LX 2023?

Consider the interest rates, loan terms, monthly payments, and any additional fees associated with the loan.

Can I negotiate the terms of my car loan for Exeed LX 2023?

Yes, you can negotiate the interest rates and terms with your lender to find a deal that suits your financial needs.

What are the typical loan amounts available for purchasing an Exeed LX 2023 in KSA?

Loan amounts can vary significantly based on your financial profile, but they typically range from SAR 50,000 to SAR 200,000 for a vehicle like the Exeed LX.

CarteaCar Loan Calculator

Exeed LX 2023 1.5T Flagship Car Loan Calculator in KSA

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

Monthly Payment

SAR 7,588

Down Payment

SAR 22,517

Total Cost

SAR 113,573

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 7,588	SAR 83,468
2	SAR 7,588	SAR 75,880
3	SAR 7,588	SAR 68,292
4	SAR 7,588	SAR 60,704
5	SAR 7,588	SAR 53,116
6	SAR 7,588	SAR 45,528
7	SAR 7,588	SAR 37,940
8	SAR 7,588	SAR 30,352
9	SAR 7,588	SAR 22,764
10	SAR 7,588	SAR 15,176
11	SAR 7,588	SAR 7,588
12	SAR 7,588	SAR 0

Monthly Payment Composition

Interest: 83

Principal: 7505

Exeed LX 2023 1.5T Flagship Car Loan Calculator FAQs in KSA

To apply for a car loan, you typically need to provide proof of income, identification documents, and details about the vehicle you wish to purchase.
Taking a car loan can impact your credit score positively if you make timely payments, but missed payments can lower your score.
Consider the interest rates, loan terms, monthly payments, and any additional fees associated with the loan.
Yes, you can negotiate the interest rates and terms with your lender to find a deal that suits your financial needs.
Loan amounts can vary significantly based on your financial profile, but they typically range from SAR 50,000 to SAR 200,000 for a vehicle like the Exeed LX.