What are the loan options available for purchasing a Great Wall POER 2021 2.0T Elite Extra-Long Double Cab Gasoline (RWD) in KSA?

In KSA, you can choose from various loan options including conventional loans, Islamic financing, and lease-to-own arrangements. It's best to compare offers from different banks to find the most favorable terms.

How do I apply for a car loan for the Great Wall POER 2021?

To apply for a car loan, you typically need to provide proof of income, identification, and details about the vehicle. You can apply directly through the bank's website or visit a branch.

Will taking out a loan affect my credit score?

Yes, taking out a loan can affect your credit score. A new loan may lower your score temporarily due to the hard inquiry, but timely repayments can improve your score over time.

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

Be mindful of the interest rate, loan tenure, and any hidden fees. It's also important to ensure that the monthly payment fits within your budget.

What factors can affect the loan interest rate?

Factors that can affect the loan interest rate include your credit history, the loan amount, the loan term, and prevailing market conditions.

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Great Wall POER 2021 2.0T Elite Extra-Long Double Cab Gasoline (RWD) Car Loan Calculator in KSA

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

Monthly Payment

SAR 4,881

Down Payment

SAR 14,484

Total Cost

SAR 73,056

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 4,881	SAR 53,691
2	SAR 4,881	SAR 48,810
3	SAR 4,881	SAR 43,929
4	SAR 4,881	SAR 39,048
5	SAR 4,881	SAR 34,167
6	SAR 4,881	SAR 29,286
7	SAR 4,881	SAR 24,405
8	SAR 4,881	SAR 19,524
9	SAR 4,881	SAR 14,643
10	SAR 4,881	SAR 9,762
11	SAR 4,881	SAR 4,881
12	SAR 4,881	SAR 0

Monthly Payment Composition

Interest: 54

Principal: 4827

Great Wall POER 2021 2.0T Elite Extra-Long Double Cab Gasoline (RWD) Car Loan Calculator FAQs in KSA

In KSA, you can choose from various loan options including conventional loans, Islamic financing, and lease-to-own arrangements. It's best to compare offers from different banks to find the most favorable terms.
To apply for a car loan, you typically need to provide proof of income, identification, and details about the vehicle. You can apply directly through the bank's website or visit a branch.
Yes, taking out a loan can affect your credit score. A new loan may lower your score temporarily due to the hard inquiry, but timely repayments can improve your score over time.
Be mindful of the interest rate, loan tenure, and any hidden fees. It's also important to ensure that the monthly payment fits within your budget.
Factors that can affect the loan interest rate include your credit history, the loan amount, the loan term, and prevailing market conditions.