What are the requirements for obtaining a car loan for the Great Wall POER 2021 2.0T Luxury Double Cab Diesel (4WD) in KSA?

To obtain a car loan in KSA, you typically need to provide proof of income, identification documents, and sometimes a down payment. Additionally, the vehicle must be insured.

Will taking a car loan for the Great Wall POER 2021 affect my credit score?

Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.

What should I consider before applying for a car loan in KSA?

Consider your budget, interest rates, loan term, and monthly payments. Ensure you understand the total cost of the loan.

How does the interest rate for a car loan in KSA vary?

Interest rates for car loans can vary based on your credit score, the bank's policies, and the loan term. It's advisable to shop around for the best rates.

Can I refinance my car loan for the Great Wall POER 2021 in the future?

Yes, you can refinance your car loan if you find better interest rates or if your financial situation improves. Check with your lender for options.

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Great Wall POER 2021 2.0T Luxury Double Cab Diesel (4WD) Car Loan Calculator in KSA

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

Monthly Payment

SAR 5,811

Down Payment

SAR 17,244

Total Cost

SAR 86,976

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 5,811	SAR 63,921
2	SAR 5,811	SAR 58,110
3	SAR 5,811	SAR 52,299
4	SAR 5,811	SAR 46,488
5	SAR 5,811	SAR 40,677
6	SAR 5,811	SAR 34,866
7	SAR 5,811	SAR 29,055
8	SAR 5,811	SAR 23,244
9	SAR 5,811	SAR 17,433
10	SAR 5,811	SAR 11,622
11	SAR 5,811	SAR 5,811
12	SAR 5,811	SAR 0

Monthly Payment Composition

Interest: 64

Principal: 5747

Great Wall POER 2021 2.0T Luxury Double Cab Diesel (4WD) Car Loan Calculator FAQs in KSA

To obtain a car loan in KSA, you typically need to provide proof of income, identification documents, and sometimes a down payment. Additionally, the vehicle must be insured.
Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.
Consider your budget, interest rates, loan term, and monthly payments. Ensure you understand the total cost of the loan.
Interest rates for car loans can vary based on your credit score, the bank's policies, and the loan term. It's advisable to shop around for the best rates.
Yes, you can refinance your car loan if you find better interest rates or if your financial situation improves. Check with your lender for options.