What is the car loan for the Nissan Kicks 2022 1.6 SV in KSA?

The car loan for the Nissan Kicks 2022 1.6 SV in KSA is a financial product offered by banks to help you purchase the vehicle. It typically covers a percentage of the car's value, which you repay in installments over a set period.

How do I apply for a car loan for Nissan Kicks 2022 1.6 SV?

To apply for a car loan for the Nissan Kicks 2022 1.6 SV, you need to visit a bank or financial institution, fill out an application form, provide necessary documents like ID, proof of income, and the vehicle's details.

Will taking a loan affect my credit score?

Yes, taking a loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments can lead to a decrease in your credit score.

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

When applying for a car loan, be aware of the interest rates, loan terms, additional fees, and your monthly budget to ensure you can afford the repayments.

What factors affect the car loan interest rates?

Factors that affect car loan interest rates include your credit score, loan amount, loan term, and the current market rates set by the central bank.

CarteaCar Loan Calculator

Nissan Kicks 2022 1.6 SV Car Loan Calculator in KSA

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

Monthly Payment

SAR 5,358

Down Payment

SAR 15,900

Total Cost

SAR 80,196

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 5,358	SAR 58,938
2	SAR 5,358	SAR 53,580
3	SAR 5,358	SAR 48,222
4	SAR 5,358	SAR 42,864
5	SAR 5,358	SAR 37,506
6	SAR 5,358	SAR 32,148
7	SAR 5,358	SAR 26,790
8	SAR 5,358	SAR 21,432
9	SAR 5,358	SAR 16,074
10	SAR 5,358	SAR 10,716
11	SAR 5,358	SAR 5,358
12	SAR 5,358	SAR 0

Monthly Payment Composition

Interest: 59

Principal: 5299

Nissan Kicks 2022 1.6 SV Car Loan Calculator FAQs in KSA

The car loan for the Nissan Kicks 2022 1.6 SV in KSA is a financial product offered by banks to help you purchase the vehicle. It typically covers a percentage of the car's value, which you repay in installments over a set period.
To apply for a car loan for the Nissan Kicks 2022 1.6 SV, you need to visit a bank or financial institution, fill out an application form, provide necessary documents like ID, proof of income, and the vehicle's details.
Yes, taking a loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments can lead to a decrease in your credit score.
When applying for a car loan, be aware of the interest rates, loan terms, additional fees, and your monthly budget to ensure you can afford the repayments.
Factors that affect car loan interest rates include your credit score, loan amount, loan term, and the current market rates set by the central bank.