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

In KSA, you can choose from various financing options such as bank loans, dealership financing, and personal loans tailored specifically for vehicle purchases.

How can I apply for a car loan to purchase the Suzuki Baleno 2024 1.5L GLX?

To apply for a car loan, you will typically need to visit a bank or financial institution, provide necessary documents such as ID, income proof, and vehicle details, and complete the application form.

Will taking a car loan affect my credit score?

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

What factors should I consider when taking a car loan?

Consider the interest rate, loan term, monthly payments, down payment, and any additional fees associated with the loan.

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

Factors include your credit score, the loan amount, the loan term, the lender's policies, and the current economic conditions in KSA.

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Suzuki Baleno 2024 1.5L GLX Car Loan Calculator in KSA

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

Monthly Payment

SAR 4,379

Down Payment

SAR 12,995

Total Cost

SAR 65,543

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 4,379	SAR 48,169
2	SAR 4,379	SAR 43,790
3	SAR 4,379	SAR 39,411
4	SAR 4,379	SAR 35,032
5	SAR 4,379	SAR 30,653
6	SAR 4,379	SAR 26,274
7	SAR 4,379	SAR 21,895
8	SAR 4,379	SAR 17,516
9	SAR 4,379	SAR 13,137
10	SAR 4,379	SAR 8,758
11	SAR 4,379	SAR 4,379
12	SAR 4,379	SAR 0

Monthly Payment Composition

Interest: 48

Principal: 4331

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

In KSA, you can choose from various financing options such as bank loans, dealership financing, and personal loans tailored specifically for vehicle purchases.
To apply for a car loan, you will typically need to visit a bank or financial institution, provide necessary documents such as ID, income proof, and vehicle details, and complete the application form.
Yes, taking out a car loan can impact your credit score. Timely payments can improve it, while missed payments can lower it.
Consider the interest rate, loan term, monthly payments, down payment, and any additional fees associated with the loan.
Factors include your credit score, the loan amount, the loan term, the lender's policies, and the current economic conditions in KSA.