What is the car loan process for purchasing a Suzuki Ciaz 2023 1.5L GLX in KSA?

The car loan process typically involves applying for a loan with a bank, submitting necessary documents, getting your credit checked, and then signing a loan agreement if approved.

What factors can affect my car loan interest rate for a Suzuki Ciaz?

Factors that can affect your car loan interest rate include your credit score, income level, loan amount, and the overall economic conditions.

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

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

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

You typically need to provide proof of identity, proof of income, bank statements, and details of the vehicle.

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

Yes, some banks may charge processing fees, insurance costs, or prepayment penalties, so it's essential to read the loan agreement carefully.

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Suzuki Ciaz 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 4,612

Down Payment

SAR 13,685

Total Cost

SAR 69,029

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 4,612	SAR 50,732
2	SAR 4,612	SAR 46,120
3	SAR 4,612	SAR 41,508
4	SAR 4,612	SAR 36,896
5	SAR 4,612	SAR 32,284
6	SAR 4,612	SAR 27,672
7	SAR 4,612	SAR 23,060
8	SAR 4,612	SAR 18,448
9	SAR 4,612	SAR 13,836
10	SAR 4,612	SAR 9,224
11	SAR 4,612	SAR 4,612
12	SAR 4,612	SAR 0

Monthly Payment Composition

Interest: 51

Principal: 4561

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

The car loan process typically involves applying for a loan with a bank, submitting necessary documents, getting your credit checked, and then signing a loan agreement if approved.
Factors that can affect your car loan interest rate include your credit score, income level, loan amount, and the overall economic conditions.
Yes, taking a car loan can affect your credit score. Timely payments can improve it, while missed payments can lower it.
You typically need to provide proof of identity, proof of income, bank statements, and details of the vehicle.
Yes, some banks may charge processing fees, insurance costs, or prepayment penalties, so it's essential to read the loan agreement carefully.