What are the requirements for applying for a car loan for the Great Wall POER 2022 in KSA?

To apply for a car loan for the Great Wall POER 2022, you typically need to provide proof of income, a valid ID, residency proof, and details of the vehicle.

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, but missed payments can negatively impact your score.

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

Factors that can affect your car loan interest rate include your credit score, the loan term, and the lender's policies.

What documents are needed for the loan approval process?

Documents typically required for loan approval include your salary slips, bank statements, proof of identity, and vehicle details.

Is it possible to refinance my car loan after purchasing the Great Wall POER?

Yes, you can refinance your car loan after purchase, which may result in lower monthly payments or a better interest rate.

CarteaCar Loan Calculator

Great Wall POER 2022 2.0T Super Luxury Double Cab Gasoline (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 Super Luxury Double Cab Gasoline (4WD) Car Loan Calculator FAQs in KSA

To apply for a car loan for the Great Wall POER 2022, you typically need to provide proof of income, a valid ID, residency proof, and details of the vehicle.
Taking a car loan can affect your credit score positively if you make timely payments, but missed payments can negatively impact your score.
Factors that can affect your car loan interest rate include your credit score, the loan term, and the lender's policies.
Documents typically required for loan approval include your salary slips, bank statements, proof of identity, and vehicle details.
Yes, you can refinance your car loan after purchase, which may result in lower monthly payments or a better interest rate.