What are the loan options available for purchasing a Mitsubishi Eclipse Cross 2023 1.5T GLX in KSA?

In KSA, you can choose from various loan options such as conventional auto loans, Islamic financing, and leasing options offered by banks and financial institutions.

How can I apply for a car loan for the Mitsubishi Eclipse Cross 2023 1.5T GLX?

To apply for a car loan, you need to visit a bank or financial institution, provide required documents like your ID, proof of income, and fill out the application form.

Will taking a car loan affect my credit score?

Yes, taking a car loan can affect your credit score. On-time payments can improve it, while missed payments can lower it.

What factors should I consider before taking a car loan?

Consider your budget, interest rates, loan tenure, your credit score, and the total cost of the vehicle before deciding on a loan.

What factors influence the car loan interest rates in KSA?

Factors include the central bank's policies, inflation rates, the applicant's credit score, and the loan amount and tenure.

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Mitsubishi Eclipse Cross 2023 1.5T GLX Car Loan Calculator in KSA

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

Monthly Payment

SAR 6,820

Down Payment

SAR 20,240

Total Cost

SAR 102,080

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 6,820	SAR 75,020
2	SAR 6,820	SAR 68,200
3	SAR 6,820	SAR 61,380
4	SAR 6,820	SAR 54,560
5	SAR 6,820	SAR 47,740
6	SAR 6,820	SAR 40,920
7	SAR 6,820	SAR 34,100
8	SAR 6,820	SAR 27,280
9	SAR 6,820	SAR 20,460
10	SAR 6,820	SAR 13,640
11	SAR 6,820	SAR 6,820
12	SAR 6,820	SAR 0

Monthly Payment Composition

Interest: 74

Principal: 6746

Mitsubishi Eclipse Cross 2023 1.5T GLX Car Loan Calculator FAQs in KSA

In KSA, you can choose from various loan options such as conventional auto loans, Islamic financing, and leasing options offered by banks and financial institutions.
To apply for a car loan, you need to visit a bank or financial institution, provide required documents like your ID, proof of income, and fill out the application form.
Yes, taking a car loan can affect your credit score. On-time payments can improve it, while missed payments can lower it.
Consider your budget, interest rates, loan tenure, your credit score, and the total cost of the vehicle before deciding on a loan.
Factors include the central bank's policies, inflation rates, the applicant's credit score, and the loan amount and tenure.