What is the process for obtaining a loan to purchase a Nissan Patrol XE in KSA?

To obtain a loan for purchasing a Nissan Patrol XE in KSA, you need to approach a bank or financial institution, provide necessary documents like ID, salary proof, and vehicle details, then complete the application process.

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

Yes, taking out a car loan can affect your credit score. It may improve your score if you make timely payments, but missing payments can lower it.

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

The interest rate for your car loan can be affected by your credit score, the loan amount, the loan term, and the financial institution's policies.

What should I consider before applying for a car loan in KSA?

Before applying, consider your budget, monthly payment capability, loan duration, interest rates, and whether you have a stable income.

How much down payment is typically required for a car loan in KSA?

Typically, a down payment of 20% to 30% of the car's price is required for a car loan in KSA, but this can vary by financial institution.

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PATROL XE Car Loan Calculator in KSA

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

Monthly Payment

SAR 16,507

Down Payment

SAR 48,988

Total Cost

SAR 247,072

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 16,507	SAR 181,577
2	SAR 16,507	SAR 165,070
3	SAR 16,507	SAR 148,563
4	SAR 16,507	SAR 132,056
5	SAR 16,507	SAR 115,549
6	SAR 16,507	SAR 99,042
7	SAR 16,507	SAR 82,535
8	SAR 16,507	SAR 66,028
9	SAR 16,507	SAR 49,521
10	SAR 16,507	SAR 33,014
11	SAR 16,507	SAR 16,507
12	SAR 16,507	SAR 0

Monthly Payment Composition

Interest: 178

Principal: 16329

PATROL XE Car Loan Calculator FAQs in KSA

To obtain a loan for purchasing a Nissan Patrol XE in KSA, you need to approach a bank or financial institution, provide necessary documents like ID, salary proof, and vehicle details, then complete the application process.
Yes, taking out a car loan can affect your credit score. It may improve your score if you make timely payments, but missing payments can lower it.
The interest rate for your car loan can be affected by your credit score, the loan amount, the loan term, and the financial institution's policies.
Before applying, consider your budget, monthly payment capability, loan duration, interest rates, and whether you have a stable income.
Typically, a down payment of 20% to 30% of the car's price is required for a car loan in KSA, but this can vary by financial institution.