What is the car loan process for purchasing a Renault Duster 2022 1.6L PE (4x2) in KSA?

The car loan process typically involves selecting the vehicle, choosing a loan provider, submitting required documents, and signing the loan agreement after approval.

Will taking a car loan for the Renault Duster affect my credit score?

Yes, taking a car loan can impact your credit score. Timely payments can enhance your score, while missed payments can lower it.

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

Consider your credit score, loan interest rates, monthly payment affordability, and the total cost of the loan over time.

What are the typical 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 creditworthiness.

How long does it typically take to get approved for a car loan?

Approval for a car loan can take anywhere from a few hours to a few days, depending on the lender and the completeness of your application.

CarteaCar Loan Calculator

Renault Duster 2022 1.6L PE (4x2) Car Loan Calculator in KSA

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

Monthly Payment

SAR 4,631

Down Payment

SAR 13,742

Total Cost

SAR 69,314

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 4,631	SAR 50,941
2	SAR 4,631	SAR 46,310
3	SAR 4,631	SAR 41,679
4	SAR 4,631	SAR 37,048
5	SAR 4,631	SAR 32,417
6	SAR 4,631	SAR 27,786
7	SAR 4,631	SAR 23,155
8	SAR 4,631	SAR 18,524
9	SAR 4,631	SAR 13,893
10	SAR 4,631	SAR 9,262
11	SAR 4,631	SAR 4,631
12	SAR 4,631	SAR 0

Monthly Payment Composition

Interest: 51

Principal: 4580

Renault Duster 2022 1.6L PE (4x2) Car Loan Calculator FAQs in KSA

The car loan process typically involves selecting the vehicle, choosing a loan provider, submitting required documents, and signing the loan agreement after approval.
Yes, taking a car loan can impact your credit score. Timely payments can enhance your score, while missed payments can lower it.
Consider your credit score, loan interest rates, monthly payment affordability, and the total cost of the loan over time.
Interest rates for car loans in KSA typically range from 3% to 7%, depending on the bank and your creditworthiness.
Approval for a car loan can take anywhere from a few hours to a few days, depending on the lender and the completeness of your application.