What are the financing options available for purchasing the Exeed LX 2023 1.5T Luxury in KSA?

In KSA, you can choose from various financing options such as bank loans, dealership financing, or leasing options. Each option has different terms and interest rates.

Will taking a loan for the Exeed LX 2023 1.5T Luxury affect my credit score?

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

What should I consider before applying for a car loan for the Exeed LX 2023 1.5T Luxury?

Consider your monthly budget, the total cost of the loan including interest, your credit score, and the loan terms offered by different lenders.

What factors can influence the interest rate I receive for the Exeed LX 2023 1.5T Luxury loan?

Factors include your credit score, income level, loan term, and the lender's policies. A better credit score usually leads to lower interest rates.

How much down payment is generally required for a car loan in KSA?

Typically, a down payment of 10-20% of the car's price is required, but this can vary depending on the lender and your financial situation.

CarteaCar Loan Calculator

Exeed LX 2023 1.5T Luxury Car Loan Calculator in KSA

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

Calculation Of Loans

Total Car PriceSAR 102,235

Down PaymentSAR 20,447

Monthly PaymentSAR 6,890
Total CostSAR 103,127
Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment Schedule	Monthly Payment	Remaining Amount
1	SAR 6,890	SAR 75,790
2	SAR 6,890	SAR 68,900
3	SAR 6,890	SAR 62,010
4	SAR 6,890	SAR 55,120
5	SAR 6,890	SAR 48,230
6	SAR 6,890	SAR 41,340
7	SAR 6,890	SAR 34,450
8	SAR 6,890	SAR 27,560
9	SAR 6,890	SAR 20,670
10	SAR 6,890	SAR 13,780
11	SAR 6,890	SAR 6,890
12	SAR 6,890	SAR 0

Car Finance Recommendation

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

In KSA, you can choose from various financing options such as bank loans, dealership financing, or leasing options. Each option has different terms and interest rates.
Yes, taking a loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.
Consider your monthly budget, the total cost of the loan including interest, your credit score, and the loan terms offered by different lenders.
Factors include your credit score, income level, loan term, and the lender's policies. A better credit score usually leads to lower interest rates.
Typically, a down payment of 10-20% of the car's price is required, but this can vary depending on the lender and your financial situation.