What are the financing options available for purchasing a Peugeot 5008 2020 1.6T Allure in KSA?

In KSA, you can choose from various financing options such as bank loans, leasing plans, or dealership financing. It's important to compare the terms and interest rates.

How does 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?

Consider your budget, the total cost of the loan including interest, your credit score, and whether you can afford the monthly payments before applying.

What factors can affect the loan interest rate for a Peugeot 5008 in KSA?

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

Is it better to get a loan from a bank or dealership for purchasing a Peugeot 5008?

It depends on your situation. Bank loans often have better interest rates, but dealership financing may offer incentives. Compare both options carefully.

CarteaCar Loan Calculator

Peugeot 5008 2020 1.6T Allure Car Loan Calculator in KSA

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

Monthly Payment

SAR 9,295

Down Payment

SAR 27,583

Total Cost

SAR 139,123

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 9,295	SAR 102,245
2	SAR 9,295	SAR 92,950
3	SAR 9,295	SAR 83,655
4	SAR 9,295	SAR 74,360
5	SAR 9,295	SAR 65,065
6	SAR 9,295	SAR 55,770
7	SAR 9,295	SAR 46,475
8	SAR 9,295	SAR 37,180
9	SAR 9,295	SAR 27,885
10	SAR 9,295	SAR 18,590
11	SAR 9,295	SAR 9,295
12	SAR 9,295	SAR 0

Monthly Payment Composition

Interest: 101

Principal: 9194

Peugeot 5008 2020 1.6T Allure Car Loan Calculator FAQs in KSA

In KSA, you can choose from various financing options such as bank loans, leasing plans, or dealership financing. It's important to compare the terms and interest rates.
Taking out a car loan can impact your credit score positively if you make timely payments. However, missing payments can negatively affect your score.
Consider your budget, the total cost of the loan including interest, your credit score, and whether you can afford the monthly payments before applying.
Factors that can affect the loan interest rate include your credit score, the loan amount, the loan term, and the current economic conditions.
It depends on your situation. Bank loans often have better interest rates, but dealership financing may offer incentives. Compare both options carefully.