What is the car loan process for purchasing the Geely Coolray 2021 1.5TD GF Plus in KSA?

The car loan process typically involves applying for a loan through a bank or financial institution, providing required documents, receiving approval, and then completing the purchase of the vehicle.

Does applying for a car loan for the Geely Coolray 2021 affect my credit score?

Yes, applying for a car loan can temporarily affect your credit score, especially if the bank performs a hard inquiry on your credit report.

What factors influence the interest rate on a car loan for the Geely Coolray 2021?

Factors include your credit score, the loan amount, the loan term, and the current economic conditions.

What documents are required to apply for a car loan for the Geely Coolray 2021?

Typically, you will need proof of identity, proof of income, bank statements, and details about the vehicle.

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

Yes, be sure to ask about any processing fees, insurance requirements, and early repayment penalties that may apply.

CarteaCar Loan Calculator

Geely Coolray 2021 1.5TD GF Plus 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 GF Plus Car Loan Calculator FAQs in KSA

The car loan process typically involves applying for a loan through a bank or financial institution, providing required documents, receiving approval, and then completing the purchase of the vehicle.
Yes, applying for a car loan can temporarily affect your credit score, especially if the bank performs a hard inquiry on your credit report.
Factors include your credit score, the loan amount, the loan term, and the current economic conditions.
Typically, you will need proof of identity, proof of income, bank statements, and details about the vehicle.
Yes, be sure to ask about any processing fees, insurance requirements, and early repayment penalties that may apply.