What are the general requirements for obtaining a car loan for the Great Wall POER 2021 in KSA?

Typically, you will need to provide proof of income, identification, and details about the vehicle. Lenders may also require a down payment.

How does taking a car loan affect my credit score in KSA?

Taking a car loan can affect your credit score positively if you make timely payments; however, missing payments can harm your score.

What factors can affect the interest rate for my car loan in KSA?

Factors include your credit score, loan amount, loan term, and the lender's policies.

Can I refinance my car loan for the Great Wall POER 2021, and what does that involve?

Yes, you can refinance your car loan, which typically involves applying for a new loan to pay off the existing one, potentially at a lower interest rate.

What should I be cautious about when applying for a car loan in KSA?

Be cautious about the terms of the loan, hidden fees, and ensure you understand your repayment obligations.

CarteaCar Loan Calculator

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

Typically, you will need to provide proof of income, identification, and details about the vehicle. Lenders may also require a down payment.
Taking a car loan can affect your credit score positively if you make timely payments; however, missing payments can harm your score.
Factors include your credit score, loan amount, loan term, and the lender's policies.
Yes, you can refinance your car loan, which typically involves applying for a new loan to pay off the existing one, potentially at a lower interest rate.
Be cautious about the terms of the loan, hidden fees, and ensure you understand your repayment obligations.