What are the financing options available for purchasing the Great Wall POER 2022 2.0T Elite Extra-Long Double Cab Diesel (4WD) in KSA?

In KSA, you can choose from various financing options such as conventional bank loans, Islamic financing, or dealership financing. It's advisable to compare rates and terms from different lenders.

How does taking out a loan for the Great Wall POER affect my credit score in KSA?

Taking out a loan can impact your credit score positively or negatively depending on your repayment behavior. Timely payments can improve your score, while missed payments can harm it.

What should I consider before applying for a car loan for the Great Wall POER?

Before applying, consider your monthly budget, the total cost of the loan including interest, the loan term, and any additional fees. Also, check your credit history.

What factors can affect the interest rate on my car loan for the Great Wall POER?

Factors affecting the interest rate include your credit score, the loan amount, the loan term, and market conditions. A higher credit score often results in a lower interest rate.

Can I refinance my car loan for the Great Wall POER after purchase?

Yes, refinancing your car loan is an option if you find better terms or lower interest rates in the future. However, consider any fees associated with refinancing.

CarteaCar Loan Calculator

Great Wall POER 2022 2.0T Elite Extra-Long 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 5,656

Down Payment

SAR 16,784

Total Cost

SAR 84,656

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 5,656	SAR 62,216
2	SAR 5,656	SAR 56,560
3	SAR 5,656	SAR 50,904
4	SAR 5,656	SAR 45,248
5	SAR 5,656	SAR 39,592
6	SAR 5,656	SAR 33,936
7	SAR 5,656	SAR 28,280
8	SAR 5,656	SAR 22,624
9	SAR 5,656	SAR 16,968
10	SAR 5,656	SAR 11,312
11	SAR 5,656	SAR 5,656
12	SAR 5,656	SAR 0

Monthly Payment Composition

Interest: 62

Principal: 5594

Great Wall POER 2022 2.0T Elite Extra-Long Double Cab Diesel (4WD) Car Loan Calculator FAQs in KSA

In KSA, you can choose from various financing options such as conventional bank loans, Islamic financing, or dealership financing. It's advisable to compare rates and terms from different lenders.
Taking out a loan can impact your credit score positively or negatively depending on your repayment behavior. Timely payments can improve your score, while missed payments can harm it.
Before applying, consider your monthly budget, the total cost of the loan including interest, the loan term, and any additional fees. Also, check your credit history.
Factors affecting the interest rate include your credit score, the loan amount, the loan term, and market conditions. A higher credit score often results in a lower interest rate.
Yes, refinancing your car loan is an option if you find better terms or lower interest rates in the future. However, consider any fees associated with refinancing.