What is the car loan process for financing a Peugeot Traveller 2019 L3 VIP in KSA?

The car loan process typically involves selecting the vehicle, applying for a loan, providing necessary documents, and getting approval from the bank.

Will taking a loan for the Peugeot Traveller 2019 L3 VIP affect my credit score?

Yes, applying for a loan can impact your credit score, especially if you miss payments or default.

What factors should I consider when applying for a car loan in KSA?

Consider interest rates, loan terms, monthly payments, and the total cost of the loan before applying.

What are the common interest rates for car loans in KSA?

Interest rates for car loans in KSA typically range from 3% to 7%, depending on the bank and your credit history.

What documents are required to apply for a car loan for the Peugeot Traveller 2019 L3 VIP?

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

CarteaCar Loan Calculator

Peugeot Traveller 2019 L3 VIP Car Loan Calculator in KSA

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

Monthly Payment

SAR 9,474

Down Payment

SAR 28,115

Total Cost

SAR 141,803

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 9,474	SAR 104,214
2	SAR 9,474	SAR 94,740
3	SAR 9,474	SAR 85,266
4	SAR 9,474	SAR 75,792
5	SAR 9,474	SAR 66,318
6	SAR 9,474	SAR 56,844
7	SAR 9,474	SAR 47,370
8	SAR 9,474	SAR 37,896
9	SAR 9,474	SAR 28,422
10	SAR 9,474	SAR 18,948
11	SAR 9,474	SAR 9,474
12	SAR 9,474	SAR 0

Monthly Payment Composition

Interest: 103

Principal: 9371

Peugeot Traveller 2019 L3 VIP Car Loan Calculator FAQs in KSA

The car loan process typically involves selecting the vehicle, applying for a loan, providing necessary documents, and getting approval from the bank.
Yes, applying for a loan can impact your credit score, especially if you miss payments or default.
Consider interest rates, loan terms, monthly payments, and the total cost of the loan before applying.
Interest rates for car loans in KSA typically range from 3% to 7%, depending on the bank and your credit history.
Typically, you will need to provide your ID, proof of income, bank statements, and details of the vehicle.