What is the process for obtaining a car loan for the Great Wall POER 2021 2.0T Elite Single Cab Diesel (RWD) in KSA?

To obtain a car loan in KSA, you typically need to provide your identification, proof of income, and details about the vehicle. You can apply through banks or financial institutions, and they will assess your creditworthiness before approving the loan.

Will taking a loan for the Great Wall POER affect my credit score?

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

What factors should I consider when applying for a car loan?

Consider your income, credit score, loan interest rates, and the total cost of the vehicle, including insurance and maintenance.

What are the interest rates for car loans in KSA for the Great Wall POER?

Interest rates for car loans in KSA typically range from 3% to 6%, depending on the bank and your credit profile.

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

Yes, additional fees may include processing fees, insurance costs, and early repayment penalties. Be sure to ask your lender for a complete breakdown.

CarteaCar Loan Calculator

Great Wall POER 2021 2.0T Elite Single Cab Diesel (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 Single Cab Diesel (RWD) Car Loan Calculator FAQs in KSA

To obtain a car loan in KSA, you typically need to provide your identification, proof of income, and details about the vehicle. You can apply through banks or financial institutions, and they will assess your creditworthiness before approving the loan.
Yes, taking a loan will impact your credit score. Timely payments can improve your score, while missed payments can negatively affect it.
Consider your income, credit score, loan interest rates, and the total cost of the vehicle, including insurance and maintenance.
Interest rates for car loans in KSA typically range from 3% to 6%, depending on the bank and your credit profile.
Yes, additional fees may include processing fees, insurance costs, and early repayment penalties. Be sure to ask your lender for a complete breakdown.