What is the car loan process for purchasing a Nissan Navara 2018 SE 4x2 in KSA?

The car loan process typically involves selecting the vehicle, applying for the loan through a bank or financial institution, providing necessary documents, and awaiting approval. Once approved, you can finalize the purchase.

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 your score, while missed payments can lower it.

What documents do I need to apply for a car loan for the Nissan Navara 2018 SE 4x2?

You typically need to provide identification, proof of income, residence proof, and details of the vehicle. Additional documents may be required by the lender.

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

Factors that can affect the interest rate include your credit score, loan amount, loan term, and the lender's policies.

Are there any hidden fees I should be aware of when taking a car loan?

Yes, some lenders may charge processing fees, insurance fees, or early repayment penalties. It's important to read the loan agreement carefully.

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Nissan Navara 2018 SE 4x2 (5-Seater) A/T (Mid Option) Car Loan Calculator in KSA

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

Monthly Payment

SAR 6,926

Down Payment

SAR 20,553

Total Cost

SAR 103,665

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 6,926	SAR 76,186
2	SAR 6,926	SAR 69,260
3	SAR 6,926	SAR 62,334
4	SAR 6,926	SAR 55,408
5	SAR 6,926	SAR 48,482
6	SAR 6,926	SAR 41,556
7	SAR 6,926	SAR 34,630
8	SAR 6,926	SAR 27,704
9	SAR 6,926	SAR 20,778
10	SAR 6,926	SAR 13,852
11	SAR 6,926	SAR 6,926
12	SAR 6,926	SAR 0

Monthly Payment Composition

Interest: 76

Principal: 6850

Nissan Navara 2018 SE 4x2 (5-Seater) A/T (Mid Option) Car Loan Calculator FAQs in KSA

The car loan process typically involves selecting the vehicle, applying for the loan through a bank or financial institution, providing necessary documents, and awaiting approval. Once approved, you can finalize the purchase.
Yes, taking a car loan can impact your credit score. Timely payments can improve your score, while missed payments can lower it.
You typically need to provide identification, proof of income, residence proof, and details of the vehicle. Additional documents may be required by the lender.
Factors that can affect the interest rate include your credit score, loan amount, loan term, and the lender's policies.
Yes, some lenders may charge processing fees, insurance fees, or early repayment penalties. It's important to read the loan agreement carefully.