What is the car loan process for purchasing a Haval H9 2023 Super Dignity in KSA?

The car loan process typically involves selecting the vehicle, applying for a loan through a bank or financial institution, submitting necessary documents, and awaiting approval before finalizing the purchase.

Will taking a car loan affect my credit score in KSA?

Yes, taking a car loan can affect your credit score as it increases your debt-to-income ratio. Timely payments can improve your score, while missed payments can lower it.

What are the main factors affecting car loan interest rates in KSA?

The main factors include your credit score, the term of the loan, the amount borrowed, and current market interest rates.

What documents do I need to provide when applying for a car loan in KSA?

You will typically need to provide a copy of your ID, proof of income, bank statements, and details about the vehicle you wish to purchase.

Are there any hidden fees associated with car loans in KSA?

Yes, some lenders may charge processing fees, insurance fees, or early repayment penalties. It's important to read the loan agreement carefully.

CarteaCar Loan Calculator

Haval H9 2023 Super Dignity Car Loan Calculator in KSA

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

Monthly Payment

SAR 10,113

Down Payment

SAR 30,013

Total Cost

SAR 151,369

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 10,113	SAR 111,243
2	SAR 10,113	SAR 101,130
3	SAR 10,113	SAR 91,017
4	SAR 10,113	SAR 80,904
5	SAR 10,113	SAR 70,791
6	SAR 10,113	SAR 60,678
7	SAR 10,113	SAR 50,565
8	SAR 10,113	SAR 40,452
9	SAR 10,113	SAR 30,339
10	SAR 10,113	SAR 20,226
11	SAR 10,113	SAR 10,113
12	SAR 10,113	SAR 0

Monthly Payment Composition

Interest: 109

Principal: 10004

Haval H9 2023 Super Dignity Car Loan Calculator FAQs in KSA

The car loan process typically involves selecting the vehicle, applying for a loan through a bank or financial institution, submitting necessary documents, and awaiting approval before finalizing the purchase.
Yes, taking a car loan can affect your credit score as it increases your debt-to-income ratio. Timely payments can improve your score, while missed payments can lower it.
The main factors include your credit score, the term of the loan, the amount borrowed, and current market interest rates.
You will typically need to provide a copy of your ID, proof of income, bank statements, and details about the vehicle you wish to purchase.
Yes, some lenders may charge processing fees, insurance fees, or early repayment penalties. It's important to read the loan agreement carefully.