What are the loan options available for purchasing a Suzuki Baleno 2023 1.5L GLX in KSA?

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

How can I apply for a car loan for the Suzuki Baleno 2023 in KSA?

You can apply for a car loan by visiting a bank branch, filling out an application form, providing necessary documents like ID, income proof, and vehicle details.

Will taking out a loan affect my credit score in KSA?

Yes, taking out a loan can impact your credit score positively or negatively, depending on your repayment history and overall credit behavior.

What should I pay attention to when taking a car loan in KSA?

Pay attention to the interest rate, loan tenure, monthly installments, and any additional fees like processing fees or insurance.

What factors can affect the loan interest rate in KSA?

Factors include your credit score, the amount of down payment, the loan duration, and the current market interest rates.

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Suzuki Baleno 2023 1.5L GLX Car Loan Calculator in KSA

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

Monthly Payment

SAR 4,255

Down Payment

SAR 12,627

Total Cost

SAR 63,687

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 4,255	SAR 46,805
2	SAR 4,255	SAR 42,550
3	SAR 4,255	SAR 38,295
4	SAR 4,255	SAR 34,040
5	SAR 4,255	SAR 29,785
6	SAR 4,255	SAR 25,530
7	SAR 4,255	SAR 21,275
8	SAR 4,255	SAR 17,020
9	SAR 4,255	SAR 12,765
10	SAR 4,255	SAR 8,510
11	SAR 4,255	SAR 4,255
12	SAR 4,255	SAR 0

Monthly Payment Composition

Interest: 46

Principal: 4209

Suzuki Baleno 2023 1.5L GLX Car Loan Calculator FAQs in KSA

In KSA, you can choose from various auto loan options offered by banks, including fixed-rate loans, variable-rate loans, and leasing options.
You can apply for a car loan by visiting a bank branch, filling out an application form, providing necessary documents like ID, income proof, and vehicle details.
Yes, taking out a loan can impact your credit score positively or negatively, depending on your repayment history and overall credit behavior.
Pay attention to the interest rate, loan tenure, monthly installments, and any additional fees like processing fees or insurance.
Factors include your credit score, the amount of down payment, the loan duration, and the current market interest rates.