What is the car loan process for purchasing a Suzuki Dzire 2024 1.2L GLX in KSA?

The car loan process typically involves selecting the vehicle, submitting a loan application with necessary documents, receiving approval, and then finalizing the purchase.

How does taking out a loan for the Suzuki Dzire 2024 affect my credit score?

Taking out a loan can initially lower your credit score due to the hard inquiry, but timely payments can improve your score over time.

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

You should be aware of the interest rates, loan terms, any additional fees, and your repayment capabilities.

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

Factors that can affect the interest rate include your credit score, loan amount, loan term, and current market conditions.

Can I pay off my car loan early without penalties?

It depends on the terms of your loan agreement; some lenders may allow early repayment without penalties while others might charge a fee.

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Suzuki Dzire 2024 1.2L GLX Car Loan Calculator in KSA

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

Calculation Of Loans

Total Car PriceSAR 53,475

Down PaymentSAR 10,695

Monthly PaymentSAR 3,604
Total CostSAR 53,943
Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment Schedule	Monthly Payment	Remaining Amount
1	SAR 3,604	SAR 39,644
2	SAR 3,604	SAR 36,040
3	SAR 3,604	SAR 32,436
4	SAR 3,604	SAR 28,832
5	SAR 3,604	SAR 25,228
6	SAR 3,604	SAR 21,624
7	SAR 3,604	SAR 18,020
8	SAR 3,604	SAR 14,416
9	SAR 3,604	SAR 10,812
10	SAR 3,604	SAR 7,208
11	SAR 3,604	SAR 3,604
12	SAR 3,604	SAR 0

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Suzuki Dzire 2024 1.2L GLX Car Loan Calculator FAQs in KSA

The car loan process typically involves selecting the vehicle, submitting a loan application with necessary documents, receiving approval, and then finalizing the purchase.
Taking out a loan can initially lower your credit score due to the hard inquiry, but timely payments can improve your score over time.
You should be aware of the interest rates, loan terms, any additional fees, and your repayment capabilities.
Factors that can affect the interest rate include your credit score, loan amount, loan term, and current market conditions.
It depends on the terms of your loan agreement; some lenders may allow early repayment without penalties while others might charge a fee.