What is the car loan process for the New H9 3.0T Flagship in KSA?

The car loan process typically involves choosing a lender, submitting required documents, and completing a loan application. After approval, you will receive the loan amount to purchase the vehicle.

Will taking a car loan affect my credit score?

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

What factors should I consider when applying for a car loan?

Consider your credit score, the total loan amount, interest rates, loan terms, and monthly payments. It's also important to compare offers from different lenders.

What are the typical interest rates for car loans in KSA?

Interest rates for car loans in KSA generally range from 3% to 7%, depending on the lender and the applicant's credit profile.

How does the loan amount affect the monthly payment?

Generally, a higher loan amount results in higher monthly payments, while a lower loan amount leads to lower payments. The interest rate and loan term also play significant roles.

CarteaCar Loan Calculator

New H9 3.0T Flagship Car Loan Calculator in KSA

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

Monthly Payment

SAR 19,537

Down Payment

SAR 57,980

Total Cost

SAR 292,424

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 19,537	SAR 214,907
2	SAR 19,537	SAR 195,370
3	SAR 19,537	SAR 175,833
4	SAR 19,537	SAR 156,296
5	SAR 19,537	SAR 136,759
6	SAR 19,537	SAR 117,222
7	SAR 19,537	SAR 97,685
8	SAR 19,537	SAR 78,148
9	SAR 19,537	SAR 58,611
10	SAR 19,537	SAR 39,074
11	SAR 19,537	SAR 19,537
12	SAR 19,537	SAR 0

Monthly Payment Composition

Interest: 211

Principal: 19326

New H9 3.0T Flagship Car Loan Calculator FAQs in KSA

The car loan process typically involves choosing a lender, submitting required documents, and completing a loan application. After approval, you will receive the loan amount to purchase the vehicle.
Yes, taking a car loan can affect your credit score. On-time payments can improve your score, while missed payments can lower it.
Consider your credit score, the total loan amount, interest rates, loan terms, and monthly payments. It's also important to compare offers from different lenders.
Interest rates for car loans in KSA generally range from 3% to 7%, depending on the lender and the applicant's credit profile.
Generally, a higher loan amount results in higher monthly payments, while a lower loan amount leads to lower payments. The interest rate and loan term also play significant roles.