What are the financing options available for purchasing a Peugeot 508 2023 1.6T Allure+ in KSA?

In KSA, you can choose from various financing options including traditional bank loans, Islamic financing, and dealership financing for the Peugeot 508.

How does taking a loan for the Peugeot 508 affect my credit score in KSA?

Taking a loan can affect your credit score positively or negatively depending on your repayment behavior. Timely payments can improve your score, while defaults can harm it.

What should I consider when applying for a car loan for the Peugeot 508?

You should consider the interest rates, loan terms, your monthly budget, and any additional fees associated with the loan.

What factors can influence the loan interest rate for the Peugeot 508 in KSA?

Factors that can influence the loan interest rate include your credit history, the length of the loan term, and the bank's current policies.

Can I negotiate the terms of my car loan for the Peugeot 508?

Yes, you can negotiate the terms of your car loan, including interest rates and repayment terms, with the bank or financial institution.

CarteaCar Loan Calculator

Peugeot 508 2023 1.6T Allure+ Car Loan Calculator in KSA

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

Monthly Payment

SAR 10,230

Down Payment

SAR 30,360

Total Cost

SAR 153,120

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 10,230	SAR 112,530
2	SAR 10,230	SAR 102,300
3	SAR 10,230	SAR 92,070
4	SAR 10,230	SAR 81,840
5	SAR 10,230	SAR 71,610
6	SAR 10,230	SAR 61,380
7	SAR 10,230	SAR 51,150
8	SAR 10,230	SAR 40,920
9	SAR 10,230	SAR 30,690
10	SAR 10,230	SAR 20,460
11	SAR 10,230	SAR 10,230
12	SAR 10,230	SAR 0

Monthly Payment Composition

Interest: 110

Principal: 10120

Peugeot 508 2023 1.6T Allure+ Car Loan Calculator FAQs in KSA

In KSA, you can choose from various financing options including traditional bank loans, Islamic financing, and dealership financing for the Peugeot 508.
Taking a loan can affect your credit score positively or negatively depending on your repayment behavior. Timely payments can improve your score, while defaults can harm it.
You should consider the interest rates, loan terms, your monthly budget, and any additional fees associated with the loan.
Factors that can influence the loan interest rate include your credit history, the length of the loan term, and the bank's current policies.
Yes, you can negotiate the terms of your car loan, including interest rates and repayment terms, with the bank or financial institution.