What is the car loan for a Geely Coolray 2021 1.5TD GC in KSA?

A car loan for a Geely Coolray 2021 1.5TD GC in KSA typically involves financing the purchase price through a bank or financial institution, allowing you to pay in installments over a specified period.

How can I apply for a car loan for the Geely Coolray 2021?

You can apply for a car loan by visiting your preferred bank or financial institution, providing necessary documents such as your identification, salary statements, and car details.

Will taking a loan affect my credit score?

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

What should I be aware of when taking a car loan?

Be aware of the interest rates, loan terms, and any additional fees or charges associated with the loan. Understanding these factors can help you make an informed decision.

What factors influence the loan interest rate?

Factors that influence the loan interest rate include your credit score, the loan amount, the term of the loan, and prevailing market rates.

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Geely Coolray 2021 1.5TD GC Car Loan Calculator in KSA

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

Monthly Payment

SAR 4,211

Down Payment

SAR 12,497

Total Cost

SAR 63,029

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 4,211	SAR 46,321
2	SAR 4,211	SAR 42,110
3	SAR 4,211	SAR 37,899
4	SAR 4,211	SAR 33,688
5	SAR 4,211	SAR 29,477
6	SAR 4,211	SAR 25,266
7	SAR 4,211	SAR 21,055
8	SAR 4,211	SAR 16,844
9	SAR 4,211	SAR 12,633
10	SAR 4,211	SAR 8,422
11	SAR 4,211	SAR 4,211
12	SAR 4,211	SAR 0

Monthly Payment Composition

Interest: 46

Principal: 4165

Geely Coolray 2021 1.5TD GC Car Loan Calculator FAQs in KSA

A car loan for a Geely Coolray 2021 1.5TD GC in KSA typically involves financing the purchase price through a bank or financial institution, allowing you to pay in installments over a specified period.
You can apply for a car loan by visiting your preferred bank or financial institution, providing necessary documents such as your identification, salary statements, and car details.
Yes, taking a loan will affect your credit score. Timely payments can improve your score, while missed payments can lower it.
Be aware of the interest rates, loan terms, and any additional fees or charges associated with the loan. Understanding these factors can help you make an informed decision.
Factors that influence the loan interest rate include your credit score, the loan amount, the term of the loan, and prevailing market rates.