What are the financing options available for purchasing a Peugeot 5008 2021 1.6T Active in KSA?

In KSA, you can choose from various financing options like bank loans, dealership financing, and leasing. Most banks offer competitive rates for car loans.

How does taking a car loan affect my credit score in KSA?

Taking a car loan can impact your credit score positively if you make regular payments. However, missing payments can negatively affect your score.

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

Typically, you will need your ID, proof of income, bank statements, and details of the vehicle you wish to purchase.

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

Yes, there may be application fees, processing fees, and possibly insurance costs. Always check with your lender for a detailed breakdown.

What factors influence the interest rates for car loans in KSA?

Interest rates can be influenced by your credit score, the loan amount, loan tenure, and the bank's current financial policies.

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Peugeot 5008 2021 1.6T Active Car Loan Calculator in KSA

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

Monthly Payment

SAR 6,571

Down Payment

SAR 19,500

Total Cost

SAR 98,352

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 6,571	SAR 72,281
2	SAR 6,571	SAR 65,710
3	SAR 6,571	SAR 59,139
4	SAR 6,571	SAR 52,568
5	SAR 6,571	SAR 45,997
6	SAR 6,571	SAR 39,426
7	SAR 6,571	SAR 32,855
8	SAR 6,571	SAR 26,284
9	SAR 6,571	SAR 19,713
10	SAR 6,571	SAR 13,142
11	SAR 6,571	SAR 6,571
12	SAR 6,571	SAR 0

Monthly Payment Composition

Interest: 71

Principal: 6500

Peugeot 5008 2021 1.6T Active Car Loan Calculator FAQs in KSA

In KSA, you can choose from various financing options like bank loans, dealership financing, and leasing. Most banks offer competitive rates for car loans.
Taking a car loan can impact your credit score positively if you make regular payments. However, missing payments can negatively affect your score.
Typically, you will need your ID, proof of income, bank statements, and details of the vehicle you wish to purchase.
Yes, there may be application fees, processing fees, and possibly insurance costs. Always check with your lender for a detailed breakdown.
Interest rates can be influenced by your credit score, the loan amount, loan tenure, and the bank's current financial policies.