What is the process for applying for a car loan for the Haval Jolion 2023 1.5T Basic in KSA?

The process typically involves selecting the vehicle, then submitting a loan application through a bank or financial institution, providing necessary documentation such as income proof and identification.

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

Yes, taking a car loan will typically impact your credit score as it shows your credit utilization and repayment history. Timely payments can improve your score.

What should I be aware of when applying for a car loan in KSA?

Be aware of the interest rates, loan terms, and any additional fees. Also, ensure you understand the total amount payable over the loan period.

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

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

Are there any special promotions or offers for car loans in KSA?

Yes, many banks in KSA offer special promotions such as lower interest rates or zero down payment options. It's good to compare offers from different banks.

CarteaCar Loan Calculator

Haval Jolion 2023 1.5T Basic Car Loan Calculator in KSA

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

Monthly Payment

SAR 4,643

Down Payment

SAR 13,777

Total Cost

SAR 69,493

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 4,643	SAR 51,073
2	SAR 4,643	SAR 46,430
3	SAR 4,643	SAR 41,787
4	SAR 4,643	SAR 37,144
5	SAR 4,643	SAR 32,501
6	SAR 4,643	SAR 27,858
7	SAR 4,643	SAR 23,215
8	SAR 4,643	SAR 18,572
9	SAR 4,643	SAR 13,929
10	SAR 4,643	SAR 9,286
11	SAR 4,643	SAR 4,643
12	SAR 4,643	SAR 0

Monthly Payment Composition

Interest: 51

Principal: 4592

Haval Jolion 2023 1.5T Basic Car Loan Calculator FAQs in KSA

The process typically involves selecting the vehicle, then submitting a loan application through a bank or financial institution, providing necessary documentation such as income proof and identification.
Yes, taking a car loan will typically impact your credit score as it shows your credit utilization and repayment history. Timely payments can improve your score.
Be aware of the interest rates, loan terms, and any additional fees. Also, ensure you understand the total amount payable over the loan period.
Factors include your credit score, the amount of down payment, the loan term, and current market interest rates.
Yes, many banks in KSA offer special promotions such as lower interest rates or zero down payment options. It's good to compare offers from different banks.