What is the car loan process for purchasing a Rolls Royce Dawn 2020 6.6L V12 in KSA?

To secure a car loan for a Rolls Royce Dawn 2020 in KSA, you need to apply through a bank or financial institution, provide necessary documents such as proof of income, identification, and details of the vehicle, and then await approval.

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 it, while missed payments can lower it.

What factors should I consider when applying for a car loan for a Rolls Royce in KSA?

Consider the interest rates, loan tenure, monthly payment amount, your credit score, and any additional fees associated with the loan.

How does the loan-to-value ratio affect my car loan for a Rolls Royce in KSA?

The loan-to-value ratio determines how much of the car's value you can borrow. A lower ratio may result in lower interest rates and better loan terms.

What documents are required to apply for a car loan in KSA?

Typically, you will need your ID, proof of income, bank statements, and details about the vehicle you wish to purchase.

CarteaCar Loan Calculator

Rolls Royce Dawn 2020 6.6L V12 Car Loan Calculator in KSA

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

Monthly Payment

SAR 126,022

Down Payment

SAR 374,000

Total Cost

SAR 1,886,264

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 126,022	SAR 1,386,242
2	SAR 126,022	SAR 1,260,220
3	SAR 126,022	SAR 1,134,198
4	SAR 126,022	SAR 1,008,176
5	SAR 126,022	SAR 882,154
6	SAR 126,022	SAR 756,132
7	SAR 126,022	SAR 630,110
8	SAR 126,022	SAR 504,088
9	SAR 126,022	SAR 378,066
10	SAR 126,022	SAR 252,044
11	SAR 126,022	SAR 126,022
12	SAR 126,022	SAR 0

Monthly Payment Composition

Interest: 1356

Principal: 124666

Rolls Royce Dawn 2020 6.6L V12 Car Loan Calculator FAQs in KSA

To secure a car loan for a Rolls Royce Dawn 2020 in KSA, you need to apply through a bank or financial institution, provide necessary documents such as proof of income, identification, and details of the vehicle, and then await approval.
Yes, taking a car loan can affect your credit score. Timely payments can improve it, while missed payments can lower it.
Consider the interest rates, loan tenure, monthly payment amount, your credit score, and any additional fees associated with the loan.
The loan-to-value ratio determines how much of the car's value you can borrow. A lower ratio may result in lower interest rates and better loan terms.
Typically, you will need your ID, proof of income, bank statements, and details about the vehicle you wish to purchase.