What financing options are available for purchasing a Suzuki Baleno 2024 1.5L GL in KSA?

In KSA, you can choose from various financing options such as bank loans, leasing, and dealership financing. It's advisable to compare interest rates and terms from different lenders.

How does obtaining a loan for the Suzuki Baleno affect my credit score?

Taking out a loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it. It's important to manage your repayments responsibly.

What should I consider when applying for a car loan for the Suzuki Baleno in KSA?

Consider factors such as your credit history, the interest rate, loan term, monthly payments, and any additional fees. Ensure you read the loan agreement carefully before signing.

What factors can affect the interest rate for my car loan?

Factors that can affect the interest rate include your credit score, the loan amount, the loan term, and the lender's policies. A higher credit score often leads to lower interest rates.

Can I pay off my car loan early without penalties?

Many lenders allow early repayment of car loans, but some may charge prepayment penalties. It's important to check your loan agreement for any specific terms related to early repayment.

CarteaCar Loan Calculator

Suzuki Baleno 2024 1.5L GL Car Loan Calculator in KSA

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

Monthly Payment

SAR 4,147

Down Payment

SAR 12,305

Total Cost

SAR 62,069

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 4,147	SAR 45,617
2	SAR 4,147	SAR 41,470
3	SAR 4,147	SAR 37,323
4	SAR 4,147	SAR 33,176
5	SAR 4,147	SAR 29,029
6	SAR 4,147	SAR 24,882
7	SAR 4,147	SAR 20,735
8	SAR 4,147	SAR 16,588
9	SAR 4,147	SAR 12,441
10	SAR 4,147	SAR 8,294
11	SAR 4,147	SAR 4,147
12	SAR 4,147	SAR 0

Monthly Payment Composition

Interest: 46

Principal: 4101

Suzuki Baleno 2024 1.5L GL Car Loan Calculator FAQs in KSA

In KSA, you can choose from various financing options such as bank loans, leasing, and dealership financing. It's advisable to compare interest rates and terms from different lenders.
Taking out a loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it. It's important to manage your repayments responsibly.
Consider factors such as your credit history, the interest rate, loan term, monthly payments, and any additional fees. Ensure you read the loan agreement carefully before signing.
Factors that can affect the interest rate include your credit score, the loan amount, the loan term, and the lender's policies. A higher credit score often leads to lower interest rates.
Many lenders allow early repayment of car loans, but some may charge prepayment penalties. It's important to check your loan agreement for any specific terms related to early repayment.