What are the requirements for obtaining a car loan for the Pegas 1.4L M/T in KSA?

To obtain a car loan for the Pegas 1.4L M/T in KSA, you typically need to provide proof of income, identification documents, and sometimes a down payment. Lenders may also require a good credit history.

How does a car loan impact my credit score in KSA?

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

What should I be aware of before applying for a car loan for the Pegas 1.4L M/T?

Before applying for a car loan, be sure to check the interest rates, loan terms, and any additional fees. It's also wise to compare offers from different banks.

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

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

Can I refinance my car loan if I choose the Pegas 1.4L M/T?

Yes, you can refinance your car loan for the Pegas 1.4L M/T if you find better interest rates or terms. It's advisable to check with your lender for options.

CarteaCar Loan Calculator

Pegas 1.4L M/T Car Loan Calculator in KSA

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

Monthly Payment

SAR 3,276

Down Payment

SAR 9,722

Total Cost

SAR 49,034

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 3,276	SAR 36,036
2	SAR 3,276	SAR 32,760
3	SAR 3,276	SAR 29,484
4	SAR 3,276	SAR 26,208
5	SAR 3,276	SAR 22,932
6	SAR 3,276	SAR 19,656
7	SAR 3,276	SAR 16,380
8	SAR 3,276	SAR 13,104
9	SAR 3,276	SAR 9,828
10	SAR 3,276	SAR 6,552
11	SAR 3,276	SAR 3,276
12	SAR 3,276	SAR 0

Monthly Payment Composition

Interest: 36

Principal: 3240

Pegas 1.4L M/T Car Loan Calculator FAQs in KSA

To obtain a car loan for the Pegas 1.4L M/T in KSA, you typically need to provide proof of income, identification documents, and sometimes a down payment. Lenders may also require a good credit history.
Taking out a car loan can impact your credit score positively if you make timely payments, but late payments can negatively affect your score.
Before applying for a car loan, be sure to check the interest rates, loan terms, and any additional fees. It's also wise to compare offers from different banks.
Factors that can affect the interest rate on your car loan include your credit score, the loan amount, the loan term, and the lender's policies.
Yes, you can refinance your car loan for the Pegas 1.4L M/T if you find better interest rates or terms. It's advisable to check with your lender for options.