What are the loan options available for purchasing a Peugeot 3008 2021 1.6T GT Line in KSA?

In KSA, you can choose between various loan options including conventional loans, Islamic financing, and personal loans tailored for automobile purchases.

How do I apply for a car loan for the Peugeot 3008 2021 1.6T GT Line?

You can apply for a car loan by visiting the bank's website or branch, filling out the application form, and providing necessary documents such as ID, income proof, and vehicle details.

Will taking out a loan affect my credit score?

Yes, taking out a loan can affect your credit score as it reflects your credit utilization and payment history. Timely payments can improve your score, while missed payments can lower it.

What should I consider before applying for a car loan?

Before applying, consider the interest rates, loan terms, your monthly budget, and the total cost of the vehicle including insurance and maintenance.

What factors can influence the interest rate on my car loan?

Factors that can influence the interest rate include your credit score, loan amount, loan term, and current market conditions.

CarteaCar Loan Calculator

Peugeot 3008 2021 1.6T GT Line Car Loan Calculator in KSA

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

Monthly Payment

SAR 8,290

Down Payment

SAR 24,600

Total Cost

SAR 124,080

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 8,290	SAR 91,190
2	SAR 8,290	SAR 82,900
3	SAR 8,290	SAR 74,610
4	SAR 8,290	SAR 66,320
5	SAR 8,290	SAR 58,030
6	SAR 8,290	SAR 49,740
7	SAR 8,290	SAR 41,450
8	SAR 8,290	SAR 33,160
9	SAR 8,290	SAR 24,870
10	SAR 8,290	SAR 16,580
11	SAR 8,290	SAR 8,290
12	SAR 8,290	SAR 0

Monthly Payment Composition

Interest: 90

Principal: 8200

Peugeot 3008 2021 1.6T GT Line Car Loan Calculator FAQs in KSA

In KSA, you can choose between various loan options including conventional loans, Islamic financing, and personal loans tailored for automobile purchases.
You can apply for a car loan by visiting the bank's website or branch, filling out the application form, and providing necessary documents such as ID, income proof, and vehicle details.
Yes, taking out a loan can affect your credit score as it reflects your credit utilization and payment history. Timely payments can improve your score, while missed payments can lower it.
Before applying, consider the interest rates, loan terms, your monthly budget, and the total cost of the vehicle including insurance and maintenance.
Factors that can influence the interest rate include your credit score, loan amount, loan term, and current market conditions.