What are the requirements to apply for a car loan for the Great Wall POER 2021 in KSA?

To apply for a car loan, you typically need to provide proof of income, a valid ID, residency proof, and a down payment. Additional documentation may be required by the bank.

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

Taking a car loan can impact your credit score positively if you make timely payments, but missing payments can lead to a negative effect.

What is the typical loan term for a car loan in KSA?

In KSA, typical loan terms for car loans range from 1 to 5 years, depending on the lender and the amount financed.

What factors influence the interest rate for my car loan?

Interest rates can be influenced by your credit score, the loan amount, the term of the loan, and the bank's policies.

Are there any fees associated with taking a car loan in KSA?

Yes, there may be processing fees, insurance requirements, and early repayment penalties. It's essential to ask your lender about all potential fees upfront.

CarteaCar Loan Calculator

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

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

Monthly Payment

SAR 5,268

Down Payment

SAR 15,634

Total Cost

SAR 78,850

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 5,268	SAR 57,948
2	SAR 5,268	SAR 52,680
3	SAR 5,268	SAR 47,412
4	SAR 5,268	SAR 42,144
5	SAR 5,268	SAR 36,876
6	SAR 5,268	SAR 31,608
7	SAR 5,268	SAR 26,340
8	SAR 5,268	SAR 21,072
9	SAR 5,268	SAR 15,804
10	SAR 5,268	SAR 10,536
11	SAR 5,268	SAR 5,268
12	SAR 5,268	SAR 0

Monthly Payment Composition

Interest: 57

Principal: 5211

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

To apply for a car loan, you typically need to provide proof of income, a valid ID, residency proof, and a down payment. Additional documentation may be required by the bank.
Taking a car loan can impact your credit score positively if you make timely payments, but missing payments can lead to a negative effect.
In KSA, typical loan terms for car loans range from 1 to 5 years, depending on the lender and the amount financed.
Interest rates can be influenced by your credit score, the loan amount, the term of the loan, and the bank's policies.
Yes, there may be processing fees, insurance requirements, and early repayment penalties. It's essential to ask your lender about all potential fees upfront.