What are the financing options available for purchasing a Suzuki Carry 2023 1.5L M/T in KSA?

In KSA, you can choose between various financing options such as bank loans, dealer financing, and Islamic financing. It is essential to compare terms and interest rates.

How does applying for a loan for the Suzuki Carry 2023 affect my credit score?

Applying for an auto loan may temporarily lower your credit score due to the hard inquiry. However, making timely payments can improve your score over time.

What documents do I need to apply for a car loan for Suzuki Carry 2023?

Typically, you will need to provide proof of identity, proof of income, bank statements, and details about the vehicle. Some banks may ask for additional documentation.

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

Interest rates can be influenced by your credit score, the loan term, the bank's policies, and current market conditions. A higher credit score usually results in a lower rate.

Are there any hidden fees associated with car loans in KSA?

Yes, you should be aware of potential hidden fees such as processing fees, insurance requirements, and early repayment penalties. Always read the loan agreement carefully.

CarteaCar Loan Calculator

Suzuki Carry 2023 1.5L M/T Car Loan Calculator in KSA

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

Monthly Payment

SAR 4,030

Down Payment

SAR 11,960

Total Cost

SAR 60,320

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 4,030	SAR 44,330
2	SAR 4,030	SAR 40,300
3	SAR 4,030	SAR 36,270
4	SAR 4,030	SAR 32,240
5	SAR 4,030	SAR 28,210
6	SAR 4,030	SAR 24,180
7	SAR 4,030	SAR 20,150
8	SAR 4,030	SAR 16,120
9	SAR 4,030	SAR 12,090
10	SAR 4,030	SAR 8,060
11	SAR 4,030	SAR 4,030
12	SAR 4,030	SAR 0

Monthly Payment Composition

Interest: 44

Principal: 3986

Suzuki Carry 2023 1.5L M/T Car Loan Calculator FAQs in KSA

In KSA, you can choose between various financing options such as bank loans, dealer financing, and Islamic financing. It is essential to compare terms and interest rates.
Applying for an auto loan may temporarily lower your credit score due to the hard inquiry. However, making timely payments can improve your score over time.
Typically, you will need to provide proof of identity, proof of income, bank statements, and details about the vehicle. Some banks may ask for additional documentation.
Interest rates can be influenced by your credit score, the loan term, the bank's policies, and current market conditions. A higher credit score usually results in a lower rate.
Yes, you should be aware of potential hidden fees such as processing fees, insurance requirements, and early repayment penalties. Always read the loan agreement carefully.