What is the car loan process for purchasing a Renault Duster 2019 1.6L SE (4x2) in KSA?

The car loan process typically involves selecting a vehicle, applying for a loan through a bank or financial institution, submitting necessary documents, and then receiving approval before finalizing the purchase.

Will taking a car loan affect my credit score in KSA?

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

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

Consider your budget, the interest rates offered, your credit history, and the total cost of the loan including fees and insurance.

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

Factors include your credit score, the loan amount, the loan term, and the current economic conditions.

Are there any additional costs associated with a car loan in KSA?

Yes, additional costs may include processing fees, insurance, registration fees, and possibly early repayment penalties.

CarteaCar Loan Calculator

Renault Duster 2019 1.6L SE (4x2) Car Loan Calculator in KSA

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

Monthly Payment

SAR 4,482

Down Payment

SAR 13,300

Total Cost

SAR 67,084

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 4,482	SAR 49,302
2	SAR 4,482	SAR 44,820
3	SAR 4,482	SAR 40,338
4	SAR 4,482	SAR 35,856
5	SAR 4,482	SAR 31,374
6	SAR 4,482	SAR 26,892
7	SAR 4,482	SAR 22,410
8	SAR 4,482	SAR 17,928
9	SAR 4,482	SAR 13,446
10	SAR 4,482	SAR 8,964
11	SAR 4,482	SAR 4,482
12	SAR 4,482	SAR 0

Monthly Payment Composition

Interest: 49

Principal: 4433

Renault Duster 2019 1.6L SE (4x2) Car Loan Calculator FAQs in KSA

The car loan process typically involves selecting a vehicle, applying for a loan through a bank or financial institution, submitting necessary documents, and then receiving approval before finalizing the purchase.
Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can harm it.
Consider your budget, the interest rates offered, your credit history, and the total cost of the loan including fees and insurance.
Factors include your credit score, the loan amount, the loan term, and the current economic conditions.
Yes, additional costs may include processing fees, insurance, registration fees, and possibly early repayment penalties.