What is the process to apply for a car loan for a Nissan Navara 2019 in KSA?

To apply for a car loan for a Nissan Navara 2019 in KSA, you need to gather necessary documents such as ID, proof of income, and bank statements. Then, approach a bank or financial institution to submit your application.

Will taking a car loan affect my credit score?

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

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

Consider interest rates, loan terms, monthly payments, and any additional fees. Also, check your eligibility and the lender's requirements.

How does the loan interest rate work for a Nissan Navara in KSA?

The loan interest rate is typically determined by the bank based on the current market rates, your credit score, and the loan amount. Fixed and variable rates may be available.

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

You typically need to provide your ID, proof of income, employment verification, bank statements, and sometimes, a credit report.

CarteaCar Loan Calculator

Nissan Navara 2019 2.5L CPR 4x2 A/T W/BS Car Loan Calculator in KSA

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

Monthly Payment

SAR 6,390

Down Payment

SAR 18,962

Total Cost

SAR 95,642

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 6,390	SAR 70,290
2	SAR 6,390	SAR 63,900
3	SAR 6,390	SAR 57,510
4	SAR 6,390	SAR 51,120
5	SAR 6,390	SAR 44,730
6	SAR 6,390	SAR 38,340
7	SAR 6,390	SAR 31,950
8	SAR 6,390	SAR 25,560
9	SAR 6,390	SAR 19,170
10	SAR 6,390	SAR 12,780
11	SAR 6,390	SAR 6,390
12	SAR 6,390	SAR 0

Monthly Payment Composition

Interest: 70

Principal: 6320

Nissan Navara 2019 2.5L CPR 4x2 A/T W/BS Car Loan Calculator FAQs in KSA

To apply for a car loan for a Nissan Navara 2019 in KSA, you need to gather necessary documents such as ID, proof of income, and bank statements. Then, approach a bank or financial institution to submit your application.
Yes, taking a car loan can affect your credit score. Timely repayments can improve your score, while missed payments can lower it.
Consider interest rates, loan terms, monthly payments, and any additional fees. Also, check your eligibility and the lender's requirements.
The loan interest rate is typically determined by the bank based on the current market rates, your credit score, and the loan amount. Fixed and variable rates may be available.
You typically need to provide your ID, proof of income, employment verification, bank statements, and sometimes, a credit report.