What are the requirements for obtaining a car loan for the Nissan X-Trail 2018 2.5 S 2WD (7-Seater) in KSA?

To obtain a car loan, you typically need to provide proof of income, a valid identification document, and details regarding the vehicle. Additionally, a credit history check may be required.

How does taking a car loan affect my credit score in KSA?

Taking out a car loan can impact your credit score positively if you make timely payments. However, missing payments can negatively affect your score.

What should I consider before applying for a car loan?

You should consider the total cost of the loan, including interest rates and any additional fees, your monthly budget, and whether you can afford the repayments.

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

Factors that can affect the interest rate include your credit score, the length of the loan term, the lender's policies, and the current economic conditions.

What is the typical loan term for a car loan in KSA?

The typical loan term for a car loan in KSA ranges from 1 to 5 years, depending on the lender and the borrower's preferences.

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Nissan X-Trail 2018 2.5 S 2WD (7-Seater) Car Loan Calculator in KSA

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

Monthly Payment

SAR 5,139

Down Payment

SAR 15,250

Total Cost

SAR 76,918

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 5,139	SAR 56,529
2	SAR 5,139	SAR 51,390
3	SAR 5,139	SAR 46,251
4	SAR 5,139	SAR 41,112
5	SAR 5,139	SAR 35,973
6	SAR 5,139	SAR 30,834
7	SAR 5,139	SAR 25,695
8	SAR 5,139	SAR 20,556
9	SAR 5,139	SAR 15,417
10	SAR 5,139	SAR 10,278
11	SAR 5,139	SAR 5,139
12	SAR 5,139	SAR 0

Monthly Payment Composition

Interest: 56

Principal: 5083

Nissan X-Trail 2018 2.5 S 2WD (7-Seater) Car Loan Calculator FAQs in KSA

To obtain a car loan, you typically need to provide proof of income, a valid identification document, and details regarding the vehicle. Additionally, a credit history check may be required.
Taking out a car loan can impact your credit score positively if you make timely payments. However, missing payments can negatively affect your score.
You should consider the total cost of the loan, including interest rates and any additional fees, your monthly budget, and whether you can afford the repayments.
Factors that can affect the interest rate include your credit score, the length of the loan term, the lender's policies, and the current economic conditions.
The typical loan term for a car loan in KSA ranges from 1 to 5 years, depending on the lender and the borrower's preferences.