What is the car loan process for purchasing a Nissan Kicks 2024 1.6 SL + NIM + Brown in KSA?

The car loan process typically involves selecting the vehicle, applying for financing through a bank or financial institution, providing required documents, and then signing the loan agreement after approval.

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

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

What should I consider before applying for a car loan for the Nissan Kicks 2024?

Consider your budget, interest rates, loan terms, and your ability to make monthly payments before applying for a loan.

What factors can affect the interest rate of my car loan in KSA?

Factors that can affect your loan interest rate include your credit history, the loan amount, the term of the loan, and current market conditions.

Are there any additional fees associated with car loans in KSA?

Yes, there may be additional fees such as processing fees, insurance costs, and registration fees that you should be aware of when taking out a car loan.

CarteaCar Loan Calculator

Nissan Kicks 2024 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 6,677

Down Payment

SAR 19,816

Total Cost

SAR 99,940

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 6,677	SAR 73,447
2	SAR 6,677	SAR 66,770
3	SAR 6,677	SAR 60,093
4	SAR 6,677	SAR 53,416
5	SAR 6,677	SAR 46,739
6	SAR 6,677	SAR 40,062
7	SAR 6,677	SAR 33,385
8	SAR 6,677	SAR 26,708
9	SAR 6,677	SAR 20,031
10	SAR 6,677	SAR 13,354
11	SAR 6,677	SAR 6,677
12	SAR 6,677	SAR 0

Monthly Payment Composition

Interest: 72

Principal: 6605

Nissan Kicks 2024 1.6 SL + NIM + Brown Car Loan Calculator FAQs in KSA

The car loan process typically involves selecting the vehicle, applying for financing through a bank or financial institution, providing required documents, and then signing the loan agreement after approval.
Yes, taking a car loan can impact your credit score. Timely payments can improve it, while missed payments can lower it.
Consider your budget, interest rates, loan terms, and your ability to make monthly payments before applying for a loan.
Factors that can affect your loan interest rate include your credit history, the loan amount, the term of the loan, and current market conditions.
Yes, there may be additional fees such as processing fees, insurance costs, and registration fees that you should be aware of when taking out a car loan.