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MG GT 2024 1.5L CVT COM Car Loan Calculator in KSA

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

Monthly Payment

SAR 5,038

Down Payment

SAR 14,950

Total Cost

SAR 75,406

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 5,038	SAR 55,418
2	SAR 5,038	SAR 50,380
3	SAR 5,038	SAR 45,342
4	SAR 5,038	SAR 40,304
5	SAR 5,038	SAR 35,266
6	SAR 5,038	SAR 30,228
7	SAR 5,038	SAR 25,190
8	SAR 5,038	SAR 20,152
9	SAR 5,038	SAR 15,114
10	SAR 5,038	SAR 10,076
11	SAR 5,038	SAR 5,038
12	SAR 5,038	SAR 0

Monthly Payment Composition

Interest: 55

Principal: 4983

MG GT 2024 1.5L CVT COM Car Loan Calculator FAQs in KSA

There are several financing options available, including bank loans, dealership financing, and leasing options. It is advisable to compare interest rates and terms before making a decision.

Taking a car loan can affect your credit score positively or negatively. Making timely payments can improve your score, while missed payments can lower it.

Consider your monthly budget, the total cost of the loan, the interest rate, the loan term, and any additional fees. It's also important to check your credit score beforehand.

Factors include your credit score, the loan amount, the loan term, and current market conditions. Additionally, some banks may offer promotional rates.

It depends on your situation. Banks may offer lower interest rates, while dealerships may provide incentives or convenience. Compare both options to determine which is better for you.