What are the financing options available for purchasing a Suzuki Baleno 2021 1.4L GL in KSA?

In KSA, you can choose from various financing options such as bank loans, dealer financing, or personal loans tailored specifically for car purchases.

How do I apply for a car loan for a Suzuki Baleno 2021 1.4L GL?

To apply for a car loan, you need to visit a bank or financial institution, provide necessary documents such as identification, proof of income, and details of the car, and fill out the loan application form.

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 should I consider before taking a car loan?

Consider factors such as the interest rate, loan term, monthly payments, your budget, and the total cost of the loan before making a decision.

What are the current interest rates for car loans in KSA?

Current interest rates for car loans in KSA typically range from 3% to 6%, depending on the lender and your credit profile.

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Suzuki Baleno 2021 1.4L GL Car Loan Calculator in KSA

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

Monthly Payment

SAR 3,387

Down Payment

SAR 10,051

Total Cost

SAR 50,695

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 3,387	SAR 37,257
2	SAR 3,387	SAR 33,870
3	SAR 3,387	SAR 30,483
4	SAR 3,387	SAR 27,096
5	SAR 3,387	SAR 23,709
6	SAR 3,387	SAR 20,322
7	SAR 3,387	SAR 16,935
8	SAR 3,387	SAR 13,548
9	SAR 3,387	SAR 10,161
10	SAR 3,387	SAR 6,774
11	SAR 3,387	SAR 3,387
12	SAR 3,387	SAR 0

Monthly Payment Composition

Interest: 37

Principal: 3350

Suzuki Baleno 2021 1.4L GL Car Loan Calculator FAQs in KSA

In KSA, you can choose from various financing options such as bank loans, dealer financing, or personal loans tailored specifically for car purchases.
To apply for a car loan, you need to visit a bank or financial institution, provide necessary documents such as identification, proof of income, and details of the car, and fill out the loan application form.
Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.
Consider factors such as the interest rate, loan term, monthly payments, your budget, and the total cost of the loan before making a decision.
Current interest rates for car loans in KSA typically range from 3% to 6%, depending on the lender and your credit profile.