What are the financing options available for purchasing the Great Wall POER 2023 2.0T Elite Double Cab Diesel (4WD) in KSA?

In KSA, you can choose from various financing options such as bank loans, dealer financing, or leasing. It's important to compare interest rates and terms before making a decision.

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

Taking a car loan can impact your credit score positively if payments are made on time, but late payments can negatively affect your score. It's crucial to manage your loan responsibly.

What documents are required to apply for a car loan in KSA?

You typically need to provide proof of identity, proof of income, bank statements, and details of the vehicle. Some banks may require additional documentation.

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

Factors that can affect the interest rate include your credit score, loan amount, loan term, and the lender's policies. It's advisable to shop around for the best rates.

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

Yes, there may be processing fees, early repayment fees, or insurance costs associated with the loan. It's important to read the loan agreement carefully.

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Great Wall POER 2023 2.0T Elite 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 6,393

Down Payment

SAR 18,973

Total Cost

SAR 95,689

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 6,393	SAR 70,323
2	SAR 6,393	SAR 63,930
3	SAR 6,393	SAR 57,537
4	SAR 6,393	SAR 51,144
5	SAR 6,393	SAR 44,751
6	SAR 6,393	SAR 38,358
7	SAR 6,393	SAR 31,965
8	SAR 6,393	SAR 25,572
9	SAR 6,393	SAR 19,179
10	SAR 6,393	SAR 12,786
11	SAR 6,393	SAR 6,393
12	SAR 6,393	SAR 0

Monthly Payment Composition

Interest: 69

Principal: 6324

Great Wall POER 2023 2.0T Elite Double Cab Diesel (4WD) Car Loan Calculator FAQs in KSA

In KSA, you can choose from various financing options such as bank loans, dealer financing, or leasing. It's important to compare interest rates and terms before making a decision.
Taking a car loan can impact your credit score positively if payments are made on time, but late payments can negatively affect your score. It's crucial to manage your loan responsibly.
You typically need to provide proof of identity, proof of income, bank statements, and details of the vehicle. Some banks may require additional documentation.
Factors that can affect the interest rate include your credit score, loan amount, loan term, and the lender's policies. It's advisable to shop around for the best rates.
Yes, there may be processing fees, early repayment fees, or insurance costs associated with the loan. It's important to read the loan agreement carefully.