What are the loan options available for purchasing a Nissan Kicks 2021 1.6 SL in Saudi Arabia?

In Saudi Arabia, you can choose from various financing options including traditional bank loans, Islamic financing, and dealership financing for the Nissan Kicks 2021 1.6 SL.

How do I apply for a car loan for the Nissan Kicks 2021 1.6 SL?

To apply for a car loan, you need to gather necessary documents such as your ID, proof of income, and bank statements, then visit a bank or financial institution to submit your application.

Will taking a car loan affect my credit score?

Yes, taking a car loan can impact your credit score. Timely payments can improve your score, while missed payments can have a negative effect.

What should I consider before taking out a loan for the Nissan Kicks 2021 1.6 SL?

Before taking out a loan, consider the interest rates, loan terms, your monthly budget, and whether the loan aligns with your financial goals.

What factors affect the interest rate on my car loan?

Factors that affect the interest rate include your credit score, the loan term, the lender’s policies, and the current economic conditions.

CarteaCar Loan Calculator

Nissan Kicks 2021 1.6 SL Car Loan Calculator in KSA

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

Monthly Payment

SAR 4,044

Down Payment

SAR 12,000

Total Cost

SAR 60,528

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 4,044	SAR 44,484
2	SAR 4,044	SAR 40,440
3	SAR 4,044	SAR 36,396
4	SAR 4,044	SAR 32,352
5	SAR 4,044	SAR 28,308
6	SAR 4,044	SAR 24,264
7	SAR 4,044	SAR 20,220
8	SAR 4,044	SAR 16,176
9	SAR 4,044	SAR 12,132
10	SAR 4,044	SAR 8,088
11	SAR 4,044	SAR 4,044
12	SAR 4,044	SAR 0

Monthly Payment Composition

Interest: 44

Principal: 4000

Nissan Kicks 2021 1.6 SL Car Loan Calculator FAQs in KSA

In Saudi Arabia, you can choose from various financing options including traditional bank loans, Islamic financing, and dealership financing for the Nissan Kicks 2021 1.6 SL.
To apply for a car loan, you need to gather necessary documents such as your ID, proof of income, and bank statements, then visit a bank or financial institution to submit your application.
Yes, taking a car loan can impact your credit score. Timely payments can improve your score, while missed payments can have a negative effect.
Before taking out a loan, consider the interest rates, loan terms, your monthly budget, and whether the loan aligns with your financial goals.
Factors that affect the interest rate include your credit score, the loan term, the lender’s policies, and the current economic conditions.