What is the car loan process for a Nissan Patrol 2019 4.0L XE in KSA?

The car loan process typically involves applying for a loan through a bank or financial institution, providing necessary documentation, and then waiting for approval before finalizing the purchase.

Will taking a loan for a Nissan Patrol affect my credit score?

Yes, taking a loan can affect your credit score positively or negatively, depending on your repayment history and overall credit management.

What factors influence the interest rate on a car loan in KSA?

Factors influencing the interest rate include your credit score, the loan amount, the loan term, and the current market rates.

What documents do I need to apply for a car loan for a Nissan Patrol?

You typically need identification, proof of income, bank statements, and information about the vehicle you wish to purchase.

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

Yes, some loans may include processing fees, insurance costs, and other charges, so it's essential to read the terms carefully.

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Nissan Patrol 2019 4.0L XE Car Loan Calculator in KSA

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

Monthly Payment

SAR 19,712

Down Payment

SAR 58,500

Total Cost

SAR 295,044

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 19,712	SAR 216,832
2	SAR 19,712	SAR 197,120
3	SAR 19,712	SAR 177,408
4	SAR 19,712	SAR 157,696
5	SAR 19,712	SAR 137,984
6	SAR 19,712	SAR 118,272
7	SAR 19,712	SAR 98,560
8	SAR 19,712	SAR 78,848
9	SAR 19,712	SAR 59,136
10	SAR 19,712	SAR 39,424
11	SAR 19,712	SAR 19,712
12	SAR 19,712	SAR 0

Monthly Payment Composition

Interest: 212

Principal: 19500

Nissan Patrol 2019 4.0L XE Car Loan Calculator FAQs in KSA

The car loan process typically involves applying for a loan through a bank or financial institution, providing necessary documentation, and then waiting for approval before finalizing the purchase.
Yes, taking a loan can affect your credit score positively or negatively, depending on your repayment history and overall credit management.
Factors influencing the interest rate include your credit score, the loan amount, the loan term, and the current market rates.
You typically need identification, proof of income, bank statements, and information about the vehicle you wish to purchase.
Yes, some loans may include processing fees, insurance costs, and other charges, so it's essential to read the terms carefully.