What financing options are available for purchasing the Hongqi E-HS3 2024 EV in KSA?

In KSA, you can choose between traditional bank loans, leasing options, or installment financing plans offered by car dealerships.

How do I apply for a car loan for the Hongqi E-HS3 in KSA?

You can apply for a car loan by visiting a bank or financial institution, providing necessary documents like your ID, proof of income, and details of the vehicle.

Will taking out a loan for the Hongqi E-HS3 affect my credit score?

Yes, taking out a loan can impact your credit score. Timely payments can improve it, while missed payments can lower it.

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

Be aware of the interest rates, loan terms, and any additional fees associated with the loan. It's important to read the fine print.

What factors can influence the loan interest rates for the Hongqi E-HS3?

Factors include your credit score, the loan amount, the term length, and the prevailing economic conditions in KSA.

CarteaCar Loan Calculator

Hongqi E-HS3 2024 EV 305 hp (AWD) Car Loan Calculator in KSA

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

Monthly Payment

SAR 8,755

Down Payment

SAR 25,980

Total Cost

SAR 131,040

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 8,755	SAR 96,305
2	SAR 8,755	SAR 87,550
3	SAR 8,755	SAR 78,795
4	SAR 8,755	SAR 70,040
5	SAR 8,755	SAR 61,285
6	SAR 8,755	SAR 52,530
7	SAR 8,755	SAR 43,775
8	SAR 8,755	SAR 35,020
9	SAR 8,755	SAR 26,265
10	SAR 8,755	SAR 17,510
11	SAR 8,755	SAR 8,755
12	SAR 8,755	SAR 0

Monthly Payment Composition

Interest: 95

Principal: 8660

Hongqi E-HS3 2024 EV 305 hp (AWD) Car Loan Calculator FAQs in KSA

In KSA, you can choose between traditional bank loans, leasing options, or installment financing plans offered by car dealerships.
You can apply for a car loan by visiting a bank or financial institution, providing necessary documents like your ID, proof of income, and details of the vehicle.
Yes, taking out a loan can impact your credit score. Timely payments can improve it, while missed payments can lower it.
Be aware of the interest rates, loan terms, and any additional fees associated with the loan. It's important to read the fine print.
Factors include your credit score, the loan amount, the term length, and the prevailing economic conditions in KSA.