What are the financing options available for purchasing the MG RX8 2024 2.0T Black Edition (AWD) in KSA?

In KSA, you can choose between bank loans, dealership financing, or leasing options for the MG RX8. Each option has its own terms and interest rates.

How do I apply for a car loan for the MG RX8 2024 in KSA?

To apply for a car loan, you need to gather required documents such as your ID, proof of income, and bank statements, then submit your application to a bank or financial institution.

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

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

What should I consider before taking a car loan for the MG RX8?

Consider the interest rates, loan term, monthly payments, and any additional fees before committing to a loan.

What factors affect the interest rate on my car loan in KSA?

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

CarteaCar Loan Calculator

MG RX8 2024 2.0T Black Edition (AWD) Car Loan Calculator in KSA

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

Monthly Payment

SAR 8,986

Down Payment

SAR 26,666

Total Cost

SAR 134,498

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 8,986	SAR 98,846
2	SAR 8,986	SAR 89,860
3	SAR 8,986	SAR 80,874
4	SAR 8,986	SAR 71,888
5	SAR 8,986	SAR 62,902
6	SAR 8,986	SAR 53,916
7	SAR 8,986	SAR 44,930
8	SAR 8,986	SAR 35,944
9	SAR 8,986	SAR 26,958
10	SAR 8,986	SAR 17,972
11	SAR 8,986	SAR 8,986
12	SAR 8,986	SAR 0

Monthly Payment Composition

Interest: 98

Principal: 8888

MG RX8 2024 2.0T Black Edition (AWD) Car Loan Calculator FAQs in KSA

In KSA, you can choose between bank loans, dealership financing, or leasing options for the MG RX8. Each option has its own terms and interest rates.
To apply for a car loan, you need to gather required documents such as your ID, proof of income, and bank statements, then submit your application to a bank or financial institution.
Yes, taking a car loan can impact your credit score. Timely payments can improve your score, while missed payments can harm it.
Consider the interest rates, loan term, monthly payments, and any additional fees before committing to a loan.
Factors include your credit score, loan amount, loan term, and current market conditions.