What is the auto loan process for purchasing a Peugeot 5008 2019 1.6T Alure in KSA?

The auto loan process typically involves choosing a lender, submitting required documents, getting loan approval, and then finalizing the purchase with the dealership.

Will taking a loan for the Peugeot 5008 affect my credit score?

Yes, taking a loan can affect your credit score positively or negatively based on your repayment behavior and credit utilization.

What factors influence the interest rates for a car loan in KSA?

Factors include your credit history, the loan term, the lender's policies, and current market conditions.

What documents are needed to apply for a car loan in KSA?

Common documents include your ID, proof of income, bank statements, and details about the vehicle you want to purchase.

Are there any fees associated with obtaining a car loan in KSA?

Yes, there may be processing fees, insurance costs, and other charges that can vary by lender.

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Peugeot 5008 2019 1.6T Alure Car Loan Calculator in KSA

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

Monthly Payment

SAR 8,450

Down Payment

SAR 25,075

Total Cost

SAR 126,475

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 8,450	SAR 92,950
2	SAR 8,450	SAR 84,500
3	SAR 8,450	SAR 76,050
4	SAR 8,450	SAR 67,600
5	SAR 8,450	SAR 59,150
6	SAR 8,450	SAR 50,700
7	SAR 8,450	SAR 42,250
8	SAR 8,450	SAR 33,800
9	SAR 8,450	SAR 25,350
10	SAR 8,450	SAR 16,900
11	SAR 8,450	SAR 8,450
12	SAR 8,450	SAR 0

Monthly Payment Composition

Interest: 92

Principal: 8358

Peugeot 5008 2019 1.6T Alure Car Loan Calculator FAQs in KSA

The auto loan process typically involves choosing a lender, submitting required documents, getting loan approval, and then finalizing the purchase with the dealership.
Yes, taking a loan can affect your credit score positively or negatively based on your repayment behavior and credit utilization.
Factors include your credit history, the loan term, the lender's policies, and current market conditions.
Common documents include your ID, proof of income, bank statements, and details about the vehicle you want to purchase.
Yes, there may be processing fees, insurance costs, and other charges that can vary by lender.