What are the loan options available for purchasing the Exeed VX 2024 2.0T-GDI Black Gold in KSA?

In KSA, you can find various loan options from banks and financial institutions, including fixed-rate loans, variable-rate loans, and Islamic financing options specifically tailored for vehicle purchases.

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

Applying for a car loan can impact your credit score. Multiple inquiries can lower your score temporarily, but timely repayments can improve it over time.

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

You typically need to provide identification, proof of income, employment verification, bank statements, and information about the vehicle you wish to purchase.

What factors can affect the interest rate on my car loan in KSA?

Factors that can affect your car loan interest rate include your credit score, the loan amount, the loan term, and current market conditions.

Are there any hidden fees associated with car loans in KSA?

Yes, some lenders may charge processing fees, early repayment penalties, or insurance costs that are not immediately apparent. It's important to read the loan agreement carefully.

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Exeed VX 2024 2.0T-GDI Black Gold Car Loan Calculator in KSA

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

Monthly Payment

SAR 11,625

Down Payment

SAR 34,500

Total Cost

SAR 174,000

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 11,625	SAR 127,875
2	SAR 11,625	SAR 116,250
3	SAR 11,625	SAR 104,625
4	SAR 11,625	SAR 93,000
5	SAR 11,625	SAR 81,375
6	SAR 11,625	SAR 69,750
7	SAR 11,625	SAR 58,125
8	SAR 11,625	SAR 46,500
9	SAR 11,625	SAR 34,875
10	SAR 11,625	SAR 23,250
11	SAR 11,625	SAR 11,625
12	SAR 11,625	SAR 0

Monthly Payment Composition

Interest: 125

Principal: 11500

Exeed VX 2024 2.0T-GDI Black Gold Car Loan Calculator FAQs in KSA

In KSA, you can find various loan options from banks and financial institutions, including fixed-rate loans, variable-rate loans, and Islamic financing options specifically tailored for vehicle purchases.
Applying for a car loan can impact your credit score. Multiple inquiries can lower your score temporarily, but timely repayments can improve it over time.
You typically need to provide identification, proof of income, employment verification, bank statements, and information about the vehicle you wish to purchase.
Factors that can affect your car loan interest rate include your credit score, the loan amount, the loan term, and current market conditions.
Yes, some lenders may charge processing fees, early repayment penalties, or insurance costs that are not immediately apparent. It's important to read the loan agreement carefully.