What is the car loan for the Renault Megane 2020 2.0L PE in KSA?

The car loan for the Renault Megane 2020 2.0L PE in KSA is a financing option that allows you to purchase the vehicle with the option to pay in installments over a specified period.

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

You can apply for a car loan by visiting a bank or financing company, completing the necessary application forms, and providing required documents such as your ID, income proof, and vehicle details.

Will taking a car loan affect my credit score?

Yes, taking a car loan can impact your credit score as it involves a credit inquiry and your payment history will be reported to credit bureaus.

What should I be aware of when taking a car loan?

You should be aware of the interest rates, loan terms, monthly payments, and any additional fees that may apply.

What factors can affect the loan interest rate for a car in KSA?

Factors that can affect the loan interest rate include your credit score, the loan amount, the loan term, and the current market rates.

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Renault Megane 2020 2.0L PE Car Loan Calculator in KSA

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

Monthly Payment

SAR 4,663

Down Payment

SAR 13,837

Total Cost

SAR 69,793

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 4,663	SAR 51,293
2	SAR 4,663	SAR 46,630
3	SAR 4,663	SAR 41,967
4	SAR 4,663	SAR 37,304
5	SAR 4,663	SAR 32,641
6	SAR 4,663	SAR 27,978
7	SAR 4,663	SAR 23,315
8	SAR 4,663	SAR 18,652
9	SAR 4,663	SAR 13,989
10	SAR 4,663	SAR 9,326
11	SAR 4,663	SAR 4,663
12	SAR 4,663	SAR 0

Monthly Payment Composition

Interest: 51

Principal: 4612

Renault Megane 2020 2.0L PE Car Loan Calculator FAQs in KSA

The car loan for the Renault Megane 2020 2.0L PE in KSA is a financing option that allows you to purchase the vehicle with the option to pay in installments over a specified period.
You can apply for a car loan by visiting a bank or financing company, completing the necessary application forms, and providing required documents such as your ID, income proof, and vehicle details.
Yes, taking a car loan can impact your credit score as it involves a credit inquiry and your payment history will be reported to credit bureaus.
You should be aware of the interest rates, loan terms, monthly payments, and any additional fees that may apply.
Factors that can affect the loan interest rate include your credit score, the loan amount, the loan term, and the current market rates.