What is the loan process for purchasing a Nissan Kicks 2023 1.6 SL + NIM + Brown in KSA?

The loan process typically involves submitting your financial documents to a bank, completing a loan application, and receiving approval based on your credit history and income.

Will taking a loan for the Nissan Kicks 2023 affect my credit score?

Yes, applying for a loan may temporarily lower your credit score due to the hard inquiry, but if you make timely payments, it can improve your credit over time.

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

Consider your credit score, the loan interest rates, the loan term, your monthly budget, and any additional fees or insurance requirements.

How does the interest rate on my loan for the Nissan Kicks 2023 get determined?

The interest rate is typically determined by your credit score, the bank's policies, and current market conditions.

What documents do I need to provide for the car loan application?

You will generally need to provide proof of income, identification documents, your credit history, and details about the car you wish to purchase.

CarteaCar Loan Calculator

Nissan Kicks 2023 1.6 SL + NIM + Brown Car Loan Calculator in KSA

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

Monthly Payment

SAR 6,655

Down Payment

SAR 19,751

Total Cost

SAR 99,611

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 6,655	SAR 73,205
2	SAR 6,655	SAR 66,550
3	SAR 6,655	SAR 59,895
4	SAR 6,655	SAR 53,240
5	SAR 6,655	SAR 46,585
6	SAR 6,655	SAR 39,930
7	SAR 6,655	SAR 33,275
8	SAR 6,655	SAR 26,620
9	SAR 6,655	SAR 19,965
10	SAR 6,655	SAR 13,310
11	SAR 6,655	SAR 6,655
12	SAR 6,655	SAR 0

Monthly Payment Composition

Interest: 72

Principal: 6583

Nissan Kicks 2023 1.6 SL + NIM + Brown Car Loan Calculator FAQs in KSA

The loan process typically involves submitting your financial documents to a bank, completing a loan application, and receiving approval based on your credit history and income.
Yes, applying for a loan may temporarily lower your credit score due to the hard inquiry, but if you make timely payments, it can improve your credit over time.
Consider your credit score, the loan interest rates, the loan term, your monthly budget, and any additional fees or insurance requirements.
The interest rate is typically determined by your credit score, the bank's policies, and current market conditions.
You will generally need to provide proof of income, identification documents, your credit history, and details about the car you wish to purchase.