What is the process for obtaining a car loan for the Exeed TXL 2024 1.6T-GDI Luxury (4WD) in KSA?

To obtain a car loan, you need to apply through a bank or financial institution, provide necessary documents like income proof, ID, and vehicle details, and complete the approval process.

Will taking out a loan for the Exeed TXL 2024 affect my credit score?

Yes, taking out a loan can affect your credit score, especially if you miss payments or default on the loan.

What factors can affect the interest rate on my car loan for the Exeed TXL 2024?

Factors like your credit score, the loan amount, repayment term, and market interest rates can affect the interest rate on your car loan.

What should I be aware of when applying for a car loan?

Be aware of the total cost of the loan, the interest rate, terms and conditions, and ensure you can afford the monthly payments.

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

Typically, you will need to provide proof of income, identification documents, bank statements, and details about the vehicle.

CarteaCar Loan Calculator

Exeed TXL 2024 1.6T-GDI Luxury (4WD) Car Loan Calculator in KSA

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

Monthly Payment

SAR 8,448

Down Payment

SAR 25,070

Total Cost

SAR 126,446

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 8,448	SAR 92,928
2	SAR 8,448	SAR 84,480
3	SAR 8,448	SAR 76,032
4	SAR 8,448	SAR 67,584
5	SAR 8,448	SAR 59,136
6	SAR 8,448	SAR 50,688
7	SAR 8,448	SAR 42,240
8	SAR 8,448	SAR 33,792
9	SAR 8,448	SAR 25,344
10	SAR 8,448	SAR 16,896
11	SAR 8,448	SAR 8,448
12	SAR 8,448	SAR 0

Monthly Payment Composition

Interest: 92

Principal: 8356

Exeed TXL 2024 1.6T-GDI Luxury (4WD) Car Loan Calculator FAQs in KSA

To obtain a car loan, you need to apply through a bank or financial institution, provide necessary documents like income proof, ID, and vehicle details, and complete the approval process.
Yes, taking out a loan can affect your credit score, especially if you miss payments or default on the loan.
Factors like your credit score, the loan amount, repayment term, and market interest rates can affect the interest rate on your car loan.
Be aware of the total cost of the loan, the interest rate, terms and conditions, and ensure you can afford the monthly payments.
Typically, you will need to provide proof of income, identification documents, bank statements, and details about the vehicle.