What is the process to apply for a car loan for the Peugeot Boxer 2024 2.2L Diesel in KSA?

To apply for a car loan in KSA, you need to gather required documents such as your ID, proof of income, and details about the vehicle. Then, approach a bank or financial institution to submit your application.

Will taking a loan for the Peugeot Boxer impact my credit score?

Yes, taking out a loan can affect your credit score. Timely payments can improve your score, while missed payments can harm it.

What are the common terms and conditions for car loans in KSA?

Common terms include the loan amount, interest rate, repayment period, and any fees. It's essential to read the contract carefully before signing.

What factors can influence the interest rate on my car loan?

Factors that can influence the interest rate include your credit history, the amount of down payment, and the loan duration.

What should I consider before finalizing my car loan for the Peugeot Boxer?

Consider the total cost of the loan, including interest and fees, your monthly payment capacity, and the loan terms.

CarteaCar Loan Calculator

Peugeot Boxer 2024 2.2L Diesel (L4H3) Car Loan Calculator in KSA

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

Monthly Payment

SAR 8,448

Down Payment

SAR 25,070

Total Cost

SAR 126,446

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 8,448	SAR 92,928
2	SAR 8,448	SAR 84,480
3	SAR 8,448	SAR 76,032
4	SAR 8,448	SAR 67,584
5	SAR 8,448	SAR 59,136
6	SAR 8,448	SAR 50,688
7	SAR 8,448	SAR 42,240
8	SAR 8,448	SAR 33,792
9	SAR 8,448	SAR 25,344
10	SAR 8,448	SAR 16,896
11	SAR 8,448	SAR 8,448
12	SAR 8,448	SAR 0

Monthly Payment Composition

Interest: 92

Principal: 8356

Peugeot Boxer 2024 2.2L Diesel (L4H3) Car Loan Calculator FAQs in KSA

To apply for a car loan in KSA, you need to gather required documents such as your ID, proof of income, and details about the vehicle. Then, approach a bank or financial institution to submit your application.
Yes, taking out a loan can affect your credit score. Timely payments can improve your score, while missed payments can harm it.
Common terms include the loan amount, interest rate, repayment period, and any fees. It's essential to read the contract carefully before signing.
Factors that can influence the interest rate include your credit history, the amount of down payment, and the loan duration.
Consider the total cost of the loan, including interest and fees, your monthly payment capacity, and the loan terms.