What are the requirements for obtaining a car loan for the Renault Captur 2018 1.2L PE in KSA?

To obtain a car loan in KSA, you typically need to provide proof of income, a valid ID, and a good credit score. Additionally, you may be required to make a down payment.

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

Taking out a car loan can initially lower your credit score due to the hard inquiry, but timely repayments can improve your score over time.

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

Factors influencing interest rates include your credit score, the loan amount, the loan term, and the lender's policies.

What should I be aware of when applying for a car loan for the Renault Captur in KSA?

Be aware of the total cost of the loan, including interest and fees, and ensure you understand the terms and conditions before signing.

Can I refinance my car loan in KSA if I find a better rate later?

Yes, you can refinance your car loan to take advantage of better interest rates, but make sure to check for any penalties or fees associated with refinancing.

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Renault Captur 2018 1.2L PE Car Loan Calculator in KSA

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

Monthly Payment

SAR 6,460

Down Payment

SAR 19,170

Total Cost

SAR 96,690

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 6,460	SAR 71,060
2	SAR 6,460	SAR 64,600
3	SAR 6,460	SAR 58,140
4	SAR 6,460	SAR 51,680
5	SAR 6,460	SAR 45,220
6	SAR 6,460	SAR 38,760
7	SAR 6,460	SAR 32,300
8	SAR 6,460	SAR 25,840
9	SAR 6,460	SAR 19,380
10	SAR 6,460	SAR 12,920
11	SAR 6,460	SAR 6,460
12	SAR 6,460	SAR 0

Monthly Payment Composition

Interest: 70

Principal: 6390

Renault Captur 2018 1.2L PE Car Loan Calculator FAQs in KSA

To obtain a car loan in KSA, you typically need to provide proof of income, a valid ID, and a good credit score. Additionally, you may be required to make a down payment.
Taking out a car loan can initially lower your credit score due to the hard inquiry, but timely repayments can improve your score over time.
Factors influencing interest rates include your credit score, the loan amount, the loan term, and the lender's policies.
Be aware of the total cost of the loan, including interest and fees, and ensure you understand the terms and conditions before signing.
Yes, you can refinance your car loan to take advantage of better interest rates, but make sure to check for any penalties or fees associated with refinancing.