What are the financing options available for purchasing a Peugeot 508 2021 1.6T GT Line in KSA?

In KSA, you can typically choose between bank loans, dealer financing, or personal loans for purchasing the Peugeot 508 2021 1.6T GT Line.

How can I apply for a car loan to purchase the Peugeot 508 2021 1.6T GT Line?

You can apply for a car loan by visiting a bank or financial institution, or through the dealership where you intend to buy the car. You will need to provide necessary documents such as your income proof and identification.

Will taking a loan for the Peugeot 508 2021 1.6T GT Line affect my credit score?

Yes, taking a loan can impact your credit score as it increases your debt-to-income ratio. However, making timely payments can improve your credit score over time.

What should I be aware of when applying for a car loan?

You should be aware of the interest rates, loan terms, additional fees, and your total budget including insurance and maintenance costs. It's important to read the fine print.

What factors can affect the loan interest rate for the Peugeot 508 2021 1.6T GT Line?

Factors include your credit score, the loan amount, the loan term, and the current market interest rates. A higher credit score usually results in lower interest rates.

CarteaCar Loan Calculator

Peugeot 508 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 8,761

Down Payment

SAR 26,000

Total Cost

SAR 131,132

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 8,761	SAR 96,371
2	SAR 8,761	SAR 87,610
3	SAR 8,761	SAR 78,849
4	SAR 8,761	SAR 70,088
5	SAR 8,761	SAR 61,327
6	SAR 8,761	SAR 52,566
7	SAR 8,761	SAR 43,805
8	SAR 8,761	SAR 35,044
9	SAR 8,761	SAR 26,283
10	SAR 8,761	SAR 17,522
11	SAR 8,761	SAR 8,761
12	SAR 8,761	SAR 0

Monthly Payment Composition

Interest: 95

Principal: 8666

Peugeot 508 2021 1.6T GT Line Car Loan Calculator FAQs in KSA

In KSA, you can typically choose between bank loans, dealer financing, or personal loans for purchasing the Peugeot 508 2021 1.6T GT Line.
You can apply for a car loan by visiting a bank or financial institution, or through the dealership where you intend to buy the car. You will need to provide necessary documents such as your income proof and identification.
Yes, taking a loan can impact your credit score as it increases your debt-to-income ratio. However, making timely payments can improve your credit score over time.
You should be aware of the interest rates, loan terms, additional fees, and your total budget including insurance and maintenance costs. It's important to read the fine print.
Factors include your credit score, the loan amount, the loan term, and the current market interest rates. A higher credit score usually results in lower interest rates.