What are the loan options available for purchasing the Mitsubishi Eclipse Cross 2024 1.5T GLS Highline in KSA?

In KSA, you can choose from various banks offering auto loans, with options like fixed or variable interest rates, and loan terms typically ranging from 1 to 7 years.

How does taking a car loan affect my credit score in KSA?

Taking a car loan can impact your credit score positively if you make timely payments, but missed payments can negatively affect your score.

What documents are required to apply for a car loan for the Mitsubishi Eclipse Cross in KSA?

Typically, you will need to provide your ID, proof of income, bank statements, and details of the vehicle you intend to purchase.

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

Factors include your credit score, income level, the loan amount, the term of the loan, and the current market rates.

Are there any hidden fees associated with car loans in KSA?

Yes, some banks may charge processing fees, early repayment fees, or insurance fees, so it's important to read the loan agreement carefully.

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Mitsubishi Eclipse Cross 2024 1.5T GLS Highline Car Loan Calculator in KSA

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

Monthly Payment

SAR 7,744

Down Payment

SAR 22,980

Total Cost

SAR 115,908

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 7,744	SAR 85,184
2	SAR 7,744	SAR 77,440
3	SAR 7,744	SAR 69,696
4	SAR 7,744	SAR 61,952
5	SAR 7,744	SAR 54,208
6	SAR 7,744	SAR 46,464
7	SAR 7,744	SAR 38,720
8	SAR 7,744	SAR 30,976
9	SAR 7,744	SAR 23,232
10	SAR 7,744	SAR 15,488
11	SAR 7,744	SAR 7,744
12	SAR 7,744	SAR 0

Monthly Payment Composition

Interest: 84

Principal: 7660

Mitsubishi Eclipse Cross 2024 1.5T GLS Highline Car Loan Calculator FAQs in KSA

In KSA, you can choose from various banks offering auto loans, with options like fixed or variable interest rates, and loan terms typically ranging from 1 to 7 years.
Taking a car loan can impact your credit score positively if you make timely payments, but missed payments can negatively affect your score.
Typically, you will need to provide your ID, proof of income, bank statements, and details of the vehicle you intend to purchase.
Factors include your credit score, income level, the loan amount, the term of the loan, and the current market rates.
Yes, some banks may charge processing fees, early repayment fees, or insurance fees, so it's important to read the loan agreement carefully.