What is the car loan process for purchasing a Suzuki Dzire 2020 1.2L GLX in KSA?

The car loan process typically involves applying to a bank or financial institution, providing necessary documentation, and then waiting for approval based on your creditworthiness.

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

Yes, taking a loan can affect your credit score positively or negatively depending on your payment history and how much credit you are using.

What factors should I consider when applying for a car loan?

Consider your credit score, the interest rate offered, loan terms, and any additional fees that may apply.

How does the interest rate for the loan impact my monthly payments?

A higher interest rate will increase your monthly payments, while a lower rate will decrease them.

Are there any special promotions or offers for financing a Suzuki Dzire in KSA?

Many banks and dealerships offer promotions, such as lower interest rates or cash back, so it's worth inquiring about current offers.

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Suzuki Dzire 2020 1.2L GLX Car Loan Calculator in KSA

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

Monthly Payment

SAR 3,322

Down Payment

SAR 9,858

Total Cost

SAR 49,722

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 3,322	SAR 36,542
2	SAR 3,322	SAR 33,220
3	SAR 3,322	SAR 29,898
4	SAR 3,322	SAR 26,576
5	SAR 3,322	SAR 23,254
6	SAR 3,322	SAR 19,932
7	SAR 3,322	SAR 16,610
8	SAR 3,322	SAR 13,288
9	SAR 3,322	SAR 9,966
10	SAR 3,322	SAR 6,644
11	SAR 3,322	SAR 3,322
12	SAR 3,322	SAR 0

Monthly Payment Composition

Interest: 37

Principal: 3285

Suzuki Dzire 2020 1.2L GLX Car Loan Calculator FAQs in KSA

The car loan process typically involves applying to a bank or financial institution, providing necessary documentation, and then waiting for approval based on your creditworthiness.
Yes, taking a loan can affect your credit score positively or negatively depending on your payment history and how much credit you are using.
Consider your credit score, the interest rate offered, loan terms, and any additional fees that may apply.
A higher interest rate will increase your monthly payments, while a lower rate will decrease them.
Many banks and dealerships offer promotions, such as lower interest rates or cash back, so it's worth inquiring about current offers.