What is the process for obtaining a car loan for the Exeed TXL 2023 2.0T-GDI Flagship (4WD) in KSA?

To obtain a car loan for the Exeed TXL 2023, you typically need to provide proof of income, identity documents, and information about the vehicle. The bank will evaluate your credit history and financial situation before approving the loan.

Will taking a loan for the Exeed TXL 2023 affect my credit score?

Yes, taking a loan can affect your credit score. When you apply for a loan, a hard inquiry is made on your credit report, which may temporarily lower your score. However, timely payments can positively impact your credit over time.

What factors should I consider when applying for a car loan?

Consider the interest rate, loan term, monthly payments, and any additional fees. Also, evaluate your budget to ensure you can afford the loan without strain.

How does the loan interest rate for the Exeed TXL 2023 vary?

The loan interest rate can vary based on several factors including your credit score, the bank's policies, and current market conditions. It's advisable to shop around and compare rates from different banks.

What documents do I need to provide for a car loan application?

You will generally need to provide a copy of your ID, proof of income (such as salary slips), bank statements, and details about the vehicle you wish to purchase.

CarteaCar Loan Calculator

Exeed TXL 2023 2.0T-GDI Flagship (4WD) Car Loan Calculator in KSA

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

Monthly Payment

SAR 9,843

Down Payment

SAR 29,210

Total Cost

SAR 147,326

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 9,843	SAR 108,273
2	SAR 9,843	SAR 98,430
3	SAR 9,843	SAR 88,587
4	SAR 9,843	SAR 78,744
5	SAR 9,843	SAR 68,901
6	SAR 9,843	SAR 59,058
7	SAR 9,843	SAR 49,215
8	SAR 9,843	SAR 39,372
9	SAR 9,843	SAR 29,529
10	SAR 9,843	SAR 19,686
11	SAR 9,843	SAR 9,843
12	SAR 9,843	SAR 0

Monthly Payment Composition

Interest: 107

Principal: 9736

Exeed TXL 2023 2.0T-GDI Flagship (4WD) Car Loan Calculator FAQs in KSA

To obtain a car loan for the Exeed TXL 2023, you typically need to provide proof of income, identity documents, and information about the vehicle. The bank will evaluate your credit history and financial situation before approving the loan.
Yes, taking a loan can affect your credit score. When you apply for a loan, a hard inquiry is made on your credit report, which may temporarily lower your score. However, timely payments can positively impact your credit over time.
Consider the interest rate, loan term, monthly payments, and any additional fees. Also, evaluate your budget to ensure you can afford the loan without strain.
The loan interest rate can vary based on several factors including your credit score, the bank's policies, and current market conditions. It's advisable to shop around and compare rates from different banks.
You will generally need to provide a copy of your ID, proof of income (such as salary slips), bank statements, and details about the vehicle you wish to purchase.