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Renault Megane 2020 1.6L PE Car Loan Calculator in KSA

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

Monthly Payment

SAR 3,885

Down Payment

SAR 11,527

Total Cost

SAR 58,147

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 3,885	SAR 42,735
2	SAR 3,885	SAR 38,850
3	SAR 3,885	SAR 34,965
4	SAR 3,885	SAR 31,080
5	SAR 3,885	SAR 27,195
6	SAR 3,885	SAR 23,310
7	SAR 3,885	SAR 19,425
8	SAR 3,885	SAR 15,540
9	SAR 3,885	SAR 11,655
10	SAR 3,885	SAR 7,770
11	SAR 3,885	SAR 3,885
12	SAR 3,885	SAR 0

Monthly Payment Composition

Interest: 43

Principal: 3842

Renault Megane 2020 1.6L PE Car Loan Calculator FAQs in KSA

To obtain a car loan for a Renault Megane 2020 1.6L PE in KSA, you typically need to apply through a bank or financial institution, provide necessary documentation such as proof of income, identity verification, and the vehicle's details, and then await approval.

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

Consider factors such as the interest rate, loan tenure, monthly installments, your financial stability, and the total cost of the vehicle including insurance and maintenance.

The typical interest rate for car loans in KSA varies from bank to bank but generally ranges from 3% to 7% depending on the borrower's credit profile and the loan terms.

The loan-to-value (LTV) ratio in KSA represents the percentage of the car's value that can be financed through a loan. Typically, banks may finance up to 80% of the car's value, depending on the lender's policies.