What are the loan options available for purchasing the MG HS 2024 2.0T Luxury (AWD) in KSA?

In KSA, you can choose between conventional auto loans, leasing options, and Islamic financing, all tailored for the MG HS 2024 2.0T Luxury (AWD).

How do I apply for a car loan for the MG HS 2024 2.0T Luxury (AWD)?

You can apply for a car loan by visiting your preferred bank or financial institution's website, filling out the application form, and providing required documents such as your ID, income proof, and vehicle details.

Will taking out a car loan affect my credit score?

Yes, taking out a car loan can affect your credit score positively or negatively, depending on your repayment behavior and credit utilization.

What factors should I consider before taking a car loan?

Consider factors such as interest rates, loan terms, monthly payments, your credit score, and any additional fees when taking a car loan.

What affects the interest rate for my car loan?

Factors affecting the interest rate include your credit score, the loan amount, the term length, and prevailing market conditions.

CarteaCar Loan Calculator

MG HS 2024 2.0T Luxury (AWD) Car Loan Calculator in KSA

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

Monthly Payment

SAR 7,338

Down Payment

SAR 21,775

Total Cost

SAR 109,831

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 7,338	SAR 80,718
2	SAR 7,338	SAR 73,380
3	SAR 7,338	SAR 66,042
4	SAR 7,338	SAR 58,704
5	SAR 7,338	SAR 51,366
6	SAR 7,338	SAR 44,028
7	SAR 7,338	SAR 36,690
8	SAR 7,338	SAR 29,352
9	SAR 7,338	SAR 22,014
10	SAR 7,338	SAR 14,676
11	SAR 7,338	SAR 7,338
12	SAR 7,338	SAR 0

Monthly Payment Composition

Interest: 80

Principal: 7258

MG HS 2024 2.0T Luxury (AWD) Car Loan Calculator FAQs in KSA

In KSA, you can choose between conventional auto loans, leasing options, and Islamic financing, all tailored for the MG HS 2024 2.0T Luxury (AWD).
You can apply for a car loan by visiting your preferred bank or financial institution's website, filling out the application form, and providing required documents such as your ID, income proof, and vehicle details.
Yes, taking out a car loan can affect your credit score positively or negatively, depending on your repayment behavior and credit utilization.
Consider factors such as interest rates, loan terms, monthly payments, your credit score, and any additional fees when taking a car loan.
Factors affecting the interest rate include your credit score, the loan amount, the term length, and prevailing market conditions.