What are the available financing options for purchasing a RAM 1500 2023 5.7L Limited (Double Cab) in KSA?

In KSA, you can choose between bank loans, dealership financing, and personal loans to purchase a RAM 1500. Each option has its own terms and conditions.

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

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

What should I consider before applying for a car loan for a RAM 1500 in KSA?

Consider your budget, interest rates, loan terms, and your ability to repay. Also, check for any additional fees involved in the loan.

What factors can affect the interest rates for my car loan in KSA?

Factors include your credit score, the loan amount, the loan term, and the bank’s current interest rates.

What documents do I need to provide to apply for a RAM 1500 car loan in KSA?

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

CarteaCar Loan Calculator

RAM 1500 2023 5.7L Limited (Double Cab) Car Loan Calculator in KSA

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

Monthly Payment

SAR 20,042

Down Payment

SAR 59,478

Total Cost

SAR 299,982

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 20,042	SAR 220,462
2	SAR 20,042	SAR 200,420
3	SAR 20,042	SAR 180,378
4	SAR 20,042	SAR 160,336
5	SAR 20,042	SAR 140,294
6	SAR 20,042	SAR 120,252
7	SAR 20,042	SAR 100,210
8	SAR 20,042	SAR 80,168
9	SAR 20,042	SAR 60,126
10	SAR 20,042	SAR 40,084
11	SAR 20,042	SAR 20,042
12	SAR 20,042	SAR 0

Monthly Payment Composition

Interest: 216

Principal: 19826

RAM 1500 2023 5.7L Limited (Double Cab) Car Loan Calculator FAQs in KSA

In KSA, you can choose between bank loans, dealership financing, and personal loans to purchase a RAM 1500. Each option has its own terms and conditions.
Taking out a loan can affect your credit score positively if you make timely payments. However, missing payments can negatively impact your score.
Consider your budget, interest rates, loan terms, and your ability to repay. Also, check for any additional fees involved in the loan.
Factors include your credit score, the loan amount, the loan term, and the bank’s current interest rates.
You typically need your ID, proof of income, bank statements, and details of the vehicle you wish to purchase.