What are the loan options available for purchasing the Exeed LX 2024 1.5T Luxury in KSA?

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

How can I apply for a car loan for the Exeed LX 2024 1.5T Luxury?

You can apply for a car loan by visiting a bank or financial institution, submitting your identification documents, income proof, and the vehicle details.

Will 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 negatively impact it.

What factors should I consider when taking a car loan?

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

What factors can influence the loan interest rates in KSA?

Factors influencing loan interest rates include the central bank's policy rates, inflation, the borrower's credit history, and the overall economic conditions.

CarteaCar Loan Calculator

Exeed LX 2024 1.5T Luxury Car Loan Calculator in KSA

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

Monthly Payment

SAR 6,890

Down Payment

SAR 20,447

Total Cost

SAR 103,127

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment 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

Monthly Payment Composition

Interest: 75

Principal: 6815

Exeed LX 2024 1.5T Luxury Car Loan Calculator FAQs in KSA

In KSA, you can choose from various loan options such as conventional loans, Islamic financing, and personal loans specifically tailored for vehicle purchases.
You can apply for a car loan by visiting a bank or financial institution, submitting your identification documents, income proof, and the vehicle details.
Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can negatively impact it.
Consider factors such as interest rates, loan terms, monthly payments, and any additional fees associated with the loan.
Factors influencing loan interest rates include the central bank's policy rates, inflation, the borrower's credit history, and the overall economic conditions.