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MG RX8 2023 2.0T LUX (AWD) Car Loan Calculator in KSA

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

Monthly Payment

SAR 8,463

Down Payment

SAR 25,116

Total Cost

SAR 126,672

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 8,463	SAR 93,093
2	SAR 8,463	SAR 84,630
3	SAR 8,463	SAR 76,167
4	SAR 8,463	SAR 67,704
5	SAR 8,463	SAR 59,241
6	SAR 8,463	SAR 50,778
7	SAR 8,463	SAR 42,315
8	SAR 8,463	SAR 33,852
9	SAR 8,463	SAR 25,389
10	SAR 8,463	SAR 16,926
11	SAR 8,463	SAR 8,463
12	SAR 8,463	SAR 0

Monthly Payment Composition

Interest: 91

Principal: 8372

MG RX8 2023 2.0T LUX (AWD) Car Loan Calculator FAQs in KSA

To obtain a car loan in KSA, you typically need to provide personal identification, proof of income, and details about the vehicle. It's advisable to approach banks or financial institutions for pre-approval before selecting the car.

Yes, taking a loan can impact your credit score. Timely payments can improve it, while missed payments can lower it. It's important to manage your payments responsibly.

Consider the loan interest rates, the loan term, your monthly budget for payments, and any additional fees associated with the loan.

Fluctuations in interest rates can affect the total cost of your loan. Higher rates mean higher monthly payments, while lower rates can reduce your overall cost.

You will typically need to provide your identification, proof of income (like salary slips), bank statements, and possibly a credit report.