What is the car loan process for purchasing a Haval H6 2019 Fashionable in KSA?

The car loan process typically involves submitting a loan application, providing required documents, and waiting for approval from the bank. It usually takes a few days to process.

Will taking a car loan 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 factors should I consider when applying for a car loan?

Consider your income, credit score, interest rates, loan terms, and the total cost of the vehicle including insurance.

How does the interest rate on a car loan get determined?

Interest rates on car loans are determined by factors such as your credit score, the loan amount, the loan term, and current market conditions.

What documents are typically required for a car loan application?

Typically, you will need to provide identification, proof of income, bank statements, and details of the vehicle you wish to purchase.

CarteaCar Loan Calculator

Haval H6 2019 Fashionable Car Loan Calculator in KSA

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

Monthly Payment

SAR 4,310

Down Payment

SAR 12,789

Total Cost

SAR 64,509

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 4,310	SAR 47,410
2	SAR 4,310	SAR 43,100
3	SAR 4,310	SAR 38,790
4	SAR 4,310	SAR 34,480
5	SAR 4,310	SAR 30,170
6	SAR 4,310	SAR 25,860
7	SAR 4,310	SAR 21,550
8	SAR 4,310	SAR 17,240
9	SAR 4,310	SAR 12,930
10	SAR 4,310	SAR 8,620
11	SAR 4,310	SAR 4,310
12	SAR 4,310	SAR 0

Monthly Payment Composition

Interest: 47

Principal: 4263

Haval H6 2019 Fashionable Car Loan Calculator FAQs in KSA

The car loan process typically involves submitting a loan application, providing required documents, and waiting for approval from the bank. It usually takes a few days to process.
Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.
Consider your income, credit score, interest rates, loan terms, and the total cost of the vehicle including insurance.
Interest rates on car loans are determined by factors such as your credit score, the loan amount, the loan term, and current market conditions.
Typically, you will need to provide identification, proof of income, bank statements, and details of the vehicle you wish to purchase.