What is the car loan process for purchasing a Haval Jolion 2022 1.5T Premium in KSA?

The car loan process typically involves selecting a vehicle, applying for financing at a bank or financial institution, submitting required documents, and then signing the loan agreement after approval.

Will taking a loan for the Haval Jolion 2022 affect my credit score?

Yes, taking a loan can affect your credit score. Timely repayments may improve your score, while missed payments can lower it.

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

Factors include your credit score, the loan amount, the loan term, and current market interest rates.

What documents do I need to provide for a car loan application?

Common documents include a valid ID, proof of income, bank statements, and information about the vehicle.

Are there any early repayment penalties for the car loan?

Some lenders may charge a penalty for early repayment, while others may not. It's important to check the loan agreement for specific terms.

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Haval Jolion 2022 1.5T Premium Car Loan Calculator in KSA

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

Monthly Payment

SAR 4,650

Down Payment

SAR 13,798

Total Cost

SAR 69,598

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 4,650	SAR 51,150
2	SAR 4,650	SAR 46,500
3	SAR 4,650	SAR 41,850
4	SAR 4,650	SAR 37,200
5	SAR 4,650	SAR 32,550
6	SAR 4,650	SAR 27,900
7	SAR 4,650	SAR 23,250
8	SAR 4,650	SAR 18,600
9	SAR 4,650	SAR 13,950
10	SAR 4,650	SAR 9,300
11	SAR 4,650	SAR 4,650
12	SAR 4,650	SAR 0

Monthly Payment Composition

Interest: 51

Principal: 4599

Haval Jolion 2022 1.5T Premium Car Loan Calculator FAQs in KSA

The car loan process typically involves selecting a vehicle, applying for financing at a bank or financial institution, submitting required documents, and then signing the loan agreement after approval.
Yes, taking a loan can affect your credit score. Timely repayments may improve your score, while missed payments can lower it.
Factors include your credit score, the loan amount, the loan term, and current market interest rates.
Common documents include a valid ID, proof of income, bank statements, and information about the vehicle.
Some lenders may charge a penalty for early repayment, while others may not. It's important to check the loan agreement for specific terms.