What are the loan options available for purchasing a Renault Symbol 2019 1.6L SE in KSA?

In KSA, you can choose from various loan options offered by banks, including fixed-rate loans, variable-rate loans, and Islamic financing options.

How can I apply for a car loan for the Renault Symbol 2019 1.6L SE?

You can apply for a car loan by visiting a bank or financial institution, filling out an application form, providing necessary documents such as ID, salary slip, and vehicle details.

Will taking a car loan affect my credit score?

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

What factors should I consider when taking a car loan?

Consider the interest rate, loan term, monthly payments, and any additional fees or charges before taking a car loan.

What factors can influence the loan interest rate in KSA?

Factors include your credit score, the type of loan, the lender's policies, and prevailing economic conditions.

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Renault Symbol 2019 1.6L SE Car Loan Calculator in KSA

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

Monthly Payment

SAR 3,060

Down Payment

SAR 9,080

Total Cost

SAR 45,800

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 3,060	SAR 33,660
2	SAR 3,060	SAR 30,600
3	SAR 3,060	SAR 27,540
4	SAR 3,060	SAR 24,480
5	SAR 3,060	SAR 21,420
6	SAR 3,060	SAR 18,360
7	SAR 3,060	SAR 15,300
8	SAR 3,060	SAR 12,240
9	SAR 3,060	SAR 9,180
10	SAR 3,060	SAR 6,120
11	SAR 3,060	SAR 3,060
12	SAR 3,060	SAR 0

Monthly Payment Composition

Interest: 34

Principal: 3026

Renault Symbol 2019 1.6L SE Car Loan Calculator FAQs in KSA

In KSA, you can choose from various loan options offered by banks, including fixed-rate loans, variable-rate loans, and Islamic financing options.
You can apply for a car loan by visiting a bank or financial institution, filling out an application form, providing necessary documents such as ID, salary slip, and vehicle details.
Yes, taking a car loan can impact your credit score. Timely payments can improve your score, while missed payments can lower it.
Consider the interest rate, loan term, monthly payments, and any additional fees or charges before taking a car loan.
Factors include your credit score, the type of loan, the lender's policies, and prevailing economic conditions.