What is the car loan process for purchasing a Maserati Quattroporte 2024 3.0T V6 GT in KSA?

The car loan process typically involves choosing a lender, submitting an application, providing necessary documents, and awaiting approval. Once approved, you can finalize the purchase.

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

Yes, taking a car loan can impact your credit score. A new loan may decrease your score initially, but timely payments can improve it over time.

What factors should I consider when applying for a car loan in KSA?

Consider factors like interest rates, loan terms, your credit history, down payment, and monthly payment affordability.

How does the loan interest rate for a Maserati Quattroporte vary in KSA?

Loan interest rates can vary based on the lender, your credit score, and current market conditions. It's advisable to compare offers from different banks.

What documents are required to apply for a car loan in KSA?

Typically, you will need your ID, proof of income, employment verification, and bank statements. Some lenders may require additional documentation.

CarteaCar Loan Calculator

Maserati Quattroporte 2024 3.0T V6 GT Car Loan Calculator in KSA

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

Monthly Payment

SAR 37,335

Down Payment

SAR 110,800

Total Cost

SAR 558,820

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 37,335	SAR 410,685
2	SAR 37,335	SAR 373,350
3	SAR 37,335	SAR 336,015
4	SAR 37,335	SAR 298,680
5	SAR 37,335	SAR 261,345
6	SAR 37,335	SAR 224,010
7	SAR 37,335	SAR 186,675
8	SAR 37,335	SAR 149,340
9	SAR 37,335	SAR 112,005
10	SAR 37,335	SAR 74,670
11	SAR 37,335	SAR 37,335
12	SAR 37,335	SAR 0

Monthly Payment Composition

Interest: 402

Principal: 36933

Maserati Quattroporte 2024 3.0T V6 GT Car Loan Calculator FAQs in KSA

The car loan process typically involves choosing a lender, submitting an application, providing necessary documents, and awaiting approval. Once approved, you can finalize the purchase.
Yes, taking a car loan can impact your credit score. A new loan may decrease your score initially, but timely payments can improve it over time.
Consider factors like interest rates, loan terms, your credit history, down payment, and monthly payment affordability.
Loan interest rates can vary based on the lender, your credit score, and current market conditions. It's advisable to compare offers from different banks.
Typically, you will need your ID, proof of income, employment verification, and bank statements. Some lenders may require additional documentation.