What is the car loan process for purchasing a Nissan Kicks 2018 1.6 S in KSA?

The car loan process typically involves selecting your vehicle, applying for a loan through a bank or financial institution, providing necessary documents, and receiving approval before finalizing the purchase.

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

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

What should I be aware of when applying for a car loan for a Nissan Kicks?

Be aware of the interest rates, loan terms, your repayment ability, and any additional fees or insurance requirements.

What factors can influence the interest rate of my car loan?

Factors include your credit score, the loan amount, the loan term, and prevailing market rates.

What documents are required to apply for a car loan in KSA?

Typically, you will need to provide identification, proof of income, bank statements, and details about the vehicle you wish to purchase.

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Nissan Kicks 2018 1.6 S Car Loan Calculator in KSA

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

Monthly Payment

SAR 3,774

Down Payment

SAR 11,200

Total Cost

SAR 56,488

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 3,774	SAR 41,514
2	SAR 3,774	SAR 37,740
3	SAR 3,774	SAR 33,966
4	SAR 3,774	SAR 30,192
5	SAR 3,774	SAR 26,418
6	SAR 3,774	SAR 22,644
7	SAR 3,774	SAR 18,870
8	SAR 3,774	SAR 15,096
9	SAR 3,774	SAR 11,322
10	SAR 3,774	SAR 7,548
11	SAR 3,774	SAR 3,774
12	SAR 3,774	SAR 0

Monthly Payment Composition

Interest: 41

Principal: 3733

Nissan Kicks 2018 1.6 S Car Loan Calculator FAQs in KSA

The car loan process typically involves selecting your vehicle, applying for a loan through a bank or financial institution, providing necessary documents, and receiving approval before finalizing the purchase.
Yes, taking a car loan can affect your credit score. Timely payments can improve it, while missed payments can lower it.
Be aware of the interest rates, loan terms, your repayment ability, and any additional fees or insurance requirements.
Factors include your credit score, the loan amount, the loan term, and prevailing market rates.
Typically, you will need to provide identification, proof of income, bank statements, and details about the vehicle you wish to purchase.