What is the car loan process for purchasing a SUNNY SL in KSA?

To obtain a car loan for a SUNNY SL in KSA, you need to gather required documents, apply through a bank or financial institution, and wait for approval. Once approved, you can finalize the purchase.

Will taking a car loan affect my credit score?

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

What factors affect the interest rate on a car loan for SUNNY SL?

Factors affecting the interest rate include your credit history, the loan amount, the loan term, and the current market conditions.

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

You should be aware of the total cost of the loan, the interest rate, any additional fees, and the terms of repayment.

Can I refinance my car loan for the SUNNY SL?

Yes, you can refinance your car loan to potentially lower your interest rate or adjust your payment terms.

CarteaCar Loan Calculator

SUNNY SL Car Loan Calculator in KSA

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

Monthly Payment

SAR 5,628

Down Payment

SAR 16,700

Total Cost

SAR 84,236

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 5,628	SAR 61,908
2	SAR 5,628	SAR 56,280
3	SAR 5,628	SAR 50,652
4	SAR 5,628	SAR 45,024
5	SAR 5,628	SAR 39,396
6	SAR 5,628	SAR 33,768
7	SAR 5,628	SAR 28,140
8	SAR 5,628	SAR 22,512
9	SAR 5,628	SAR 16,884
10	SAR 5,628	SAR 11,256
11	SAR 5,628	SAR 5,628
12	SAR 5,628	SAR 0

Monthly Payment Composition

Interest: 62

Principal: 5566

SUNNY SL Car Loan Calculator FAQs in KSA

To obtain a car loan for a SUNNY SL in KSA, you need to gather required documents, apply through a bank or financial institution, and wait for approval. Once approved, you can finalize the purchase.
Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.
Factors affecting the interest rate include your credit history, the loan amount, the loan term, and the current market conditions.
You should be aware of the total cost of the loan, the interest rate, any additional fees, and the terms of repayment.
Yes, you can refinance your car loan to potentially lower your interest rate or adjust your payment terms.