What are the financing options available for purchasing the GMC Terrain 2023 1.5T SLE (FWD) in KSA?

In KSA, you can choose from various financing options such as bank loans, dealership financing, and personal loans. It's important to compare rates and terms from multiple lenders.

How does taking a car loan affect my credit score?

Taking a car loan can affect your credit score positively or negatively. Timely payments can improve your score, while missed payments can lower it.

What should I consider before applying for a car loan?

Before applying for a car loan, consider your budget, interest rates, loan terms, down payment, and your ability to make monthly payments.

What factors can influence the interest rate on my car loan?

Factors that influence the interest rate on a car loan include your credit score, the loan term, the amount financed, and current market conditions.

Can I pay off my car loan early without penalties?

Many lenders allow early repayment of car loans without penalties, but it's essential to check your loan agreement for any specific terms.

CarteaCar Loan Calculator

GMC Terrain 2023 1.5T SLE (FWD) Car Loan Calculator in KSA

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

Monthly Payment

SAR 7,743

Down Payment

SAR 22,977

Total Cost

SAR 115,893

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 7,743	SAR 85,173
2	SAR 7,743	SAR 77,430
3	SAR 7,743	SAR 69,687
4	SAR 7,743	SAR 61,944
5	SAR 7,743	SAR 54,201
6	SAR 7,743	SAR 46,458
7	SAR 7,743	SAR 38,715
8	SAR 7,743	SAR 30,972
9	SAR 7,743	SAR 23,229
10	SAR 7,743	SAR 15,486
11	SAR 7,743	SAR 7,743
12	SAR 7,743	SAR 0

Monthly Payment Composition

Interest: 84

Principal: 7659

GMC Terrain 2023 1.5T SLE (FWD) Car Loan Calculator FAQs in KSA

In KSA, you can choose from various financing options such as bank loans, dealership financing, and personal loans. It's important to compare rates and terms from multiple lenders.
Taking a car loan can affect your credit score positively or negatively. Timely payments can improve your score, while missed payments can lower it.
Before applying for a car loan, consider your budget, interest rates, loan terms, down payment, and your ability to make monthly payments.
Factors that influence the interest rate on a car loan include your credit score, the loan term, the amount financed, and current market conditions.
Many lenders allow early repayment of car loans without penalties, but it's essential to check your loan agreement for any specific terms.