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MG3 Lux 2WD 2024 Car Loan Calculator in KSA

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

Monthly Payment

SAR 4,294

Down Payment

SAR 12,742

Total Cost

SAR 64,270

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 4,294	SAR 47,234
2	SAR 4,294	SAR 42,940
3	SAR 4,294	SAR 38,646
4	SAR 4,294	SAR 34,352
5	SAR 4,294	SAR 30,058
6	SAR 4,294	SAR 25,764
7	SAR 4,294	SAR 21,470
8	SAR 4,294	SAR 17,176
9	SAR 4,294	SAR 12,882
10	SAR 4,294	SAR 8,588
11	SAR 4,294	SAR 4,294
12	SAR 4,294	SAR 0

Monthly Payment Composition

Interest: 47

Principal: 4247

MG3 Lux 2WD 2024 Car Loan Calculator FAQs in KSA

In KSA, you can avail of bank loans, dealership financing, or personal loans to purchase the MG3 Lux 2WD 2024. Each option has different terms and interest rates.

To apply for a car loan, you need to visit your chosen bank or dealership, provide necessary documents such as identification, income proof, and the car's details, and fill out the loan application form.

Yes, taking a loan will impact your credit score. Timely repayments can improve your score, while missed payments can lower it.

When taking a car loan, consider the interest rate, loan term, monthly payment amount, total cost of the loan, and your financial situation.

Loan interest rates can be influenced by factors such as your credit score, the loan amount, the loan term, and the current economic conditions in KSA.