What are the eligibility requirements for a Land Cruiser GX DSL car loan in KSA?

To be eligible for a car loan, you typically need to be at least 21 years old, have a stable income, and provide necessary documentation such as your ID and proof of employment.

How do I apply for a Land Cruiser GX DSL car loan in KSA?

You can apply for a car loan through a bank or a financial institution by filling out an application form and submitting the required documents.

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

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

What should I consider before taking a Land Cruiser GX DSL car loan?

Consider the interest rate, loan term, monthly payments, and whether you can afford the total cost of the loan.

What factors can affect the interest rate for a car loan in KSA?

Factors include your credit score, the loan amount, the loan term, and the current economic conditions.

CarteaCar Loan Calculator

Land Cruiser GX DSL Car Loan Calculator in KSA

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

Monthly Payment

SAR 16,663

Down Payment

SAR 49,450

Total Cost

SAR 249,406

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 16,663	SAR 183,293
2	SAR 16,663	SAR 166,630
3	SAR 16,663	SAR 149,967
4	SAR 16,663	SAR 133,304
5	SAR 16,663	SAR 116,641
6	SAR 16,663	SAR 99,978
7	SAR 16,663	SAR 83,315
8	SAR 16,663	SAR 66,652
9	SAR 16,663	SAR 49,989
10	SAR 16,663	SAR 33,326
11	SAR 16,663	SAR 16,663
12	SAR 16,663	SAR 0

Monthly Payment Composition

Interest: 180

Principal: 16483

Land Cruiser GX DSL Car Loan Calculator FAQs in KSA

To be eligible for a car loan, you typically need to be at least 21 years old, have a stable income, and provide necessary documentation such as your ID and proof of employment.
You can apply for a car loan through a bank or a financial institution by filling out an application form and submitting the required documents.
Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.
Consider the interest rate, loan term, monthly payments, and whether you can afford the total cost of the loan.
Factors include your credit score, the loan amount, the loan term, and the current economic conditions.