What is the car loan process for purchasing a Suzuki Ciaz 2020 1.5L GL in KSA?

The car loan process typically involves selecting the vehicle, submitting a loan application to a bank, providing necessary documentation, and receiving approval before finalizing the purchase.

Will taking a loan for the Suzuki Ciaz affect my credit score?

Yes, taking a loan can impact your credit score as it increases your credit utilization, but timely payments can improve your score over time.

What should I be aware of when applying for a car loan?

Be aware of the interest rates, loan terms, monthly payments, and any additional fees or charges that may apply.

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

Factors include your credit score, the loan amount, the length of the loan, and the bank’s policies.

Are there any special offers for financing a Suzuki Ciaz 2020 in KSA?

Yes, many banks and dealerships may offer promotional rates or special financing packages for the Suzuki Ciaz. It's best to check with local banks or dealerships.

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Suzuki Ciaz 2020 1.5L GL Car Loan Calculator in KSA

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

Monthly Payment

SAR 3,771

Down Payment

SAR 11,190

Total Cost

SAR 56,442

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 3,771	SAR 41,481
2	SAR 3,771	SAR 37,710
3	SAR 3,771	SAR 33,939
4	SAR 3,771	SAR 30,168
5	SAR 3,771	SAR 26,397
6	SAR 3,771	SAR 22,626
7	SAR 3,771	SAR 18,855
8	SAR 3,771	SAR 15,084
9	SAR 3,771	SAR 11,313
10	SAR 3,771	SAR 7,542
11	SAR 3,771	SAR 3,771
12	SAR 3,771	SAR 0

Monthly Payment Composition

Interest: 42

Principal: 3729

Suzuki Ciaz 2020 1.5L GL Car Loan Calculator FAQs in KSA

The car loan process typically involves selecting the vehicle, submitting a loan application to a bank, providing necessary documentation, and receiving approval before finalizing the purchase.
Yes, taking a loan can impact your credit score as it increases your credit utilization, but timely payments can improve your score over time.
Be aware of the interest rates, loan terms, monthly payments, and any additional fees or charges that may apply.
Factors include your credit score, the loan amount, the length of the loan, and the bank’s policies.
Yes, many banks and dealerships may offer promotional rates or special financing packages for the Suzuki Ciaz. It's best to check with local banks or dealerships.