What are the financing options available for purchasing a Renault Koleos 2020 2.5L PE (4WD) in KSA?

In KSA, you can choose from various financing options such as bank loans, in-house financing from dealerships, or leasing agreements.

How can I apply for a car loan for the Renault Koleos 2020 in KSA?

To apply for a car loan, you need to visit a bank or financing institution, provide necessary documents such as ID, income proof, and details of the car, and fill out the loan application.

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 lower it.

What factors should I be aware of when applying for a car loan?

You should consider your credit score, loan interest rates, the total cost of the vehicle, and the loan term. Make sure to read the terms and conditions carefully.

What are the factors that can influence the car loan interest rate?

Factors that influence the interest rate include your credit score, the loan amount, repayment period, and the lender's policies.

CarteaCar Loan Calculator

Renault Koleos 2020 2.5L PE (4WD) Car Loan Calculator in KSA

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

Monthly Payment

SAR 8,525

Down Payment

SAR 25,300

Total Cost

SAR 127,600

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 8,525	SAR 93,775
2	SAR 8,525	SAR 85,250
3	SAR 8,525	SAR 76,725
4	SAR 8,525	SAR 68,200
5	SAR 8,525	SAR 59,675
6	SAR 8,525	SAR 51,150
7	SAR 8,525	SAR 42,625
8	SAR 8,525	SAR 34,100
9	SAR 8,525	SAR 25,575
10	SAR 8,525	SAR 17,050
11	SAR 8,525	SAR 8,525
12	SAR 8,525	SAR 0

Monthly Payment Composition

Interest: 92

Principal: 8433

Renault Koleos 2020 2.5L PE (4WD) Car Loan Calculator FAQs in KSA

In KSA, you can choose from various financing options such as bank loans, in-house financing from dealerships, or leasing agreements.
To apply for a car loan, you need to visit a bank or financing institution, provide necessary documents such as ID, income proof, and details of the car, and fill out the loan application.
Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.
You should consider your credit score, loan interest rates, the total cost of the vehicle, and the loan term. Make sure to read the terms and conditions carefully.
Factors that influence the interest rate include your credit score, the loan amount, repayment period, and the lender's policies.