What are the loan options available for purchasing a Suzuki Ertiga 2024 1.5L GL in KSA?

In KSA, you can choose between various loan options such as fixed-rate loans, variable-rate loans, and Islamic financing options tailored for vehicle purchases.

How do I apply for a car loan for the Suzuki Ertiga 2024 in KSA?

To apply for a car loan, you will need to visit a bank or financial institution, provide necessary documents such as your ID, proof of income, and details of the vehicle you wish to purchase.

Will taking a car loan affect my credit score in KSA?

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

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

Consider factors such as interest rates, loan terms, fees, your eligibility, and the total cost of the vehicle including insurance and registration.

What are the current interest rates for car loans in KSA?

Interest rates for car loans in KSA vary depending on the bank and the loan type, typically ranging from 3% to 6%. It is advisable to check with different banks for the best rates.

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Suzuki Ertiga 2024 1.5L GL Car Loan Calculator in KSA

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

Monthly Payment

SAR 4,883

Down Payment

SAR 14,490

Total Cost

SAR 73,086

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 4,883	SAR 53,713
2	SAR 4,883	SAR 48,830
3	SAR 4,883	SAR 43,947
4	SAR 4,883	SAR 39,064
5	SAR 4,883	SAR 34,181
6	SAR 4,883	SAR 29,298
7	SAR 4,883	SAR 24,415
8	SAR 4,883	SAR 19,532
9	SAR 4,883	SAR 14,649
10	SAR 4,883	SAR 9,766
11	SAR 4,883	SAR 4,883
12	SAR 4,883	SAR 0

Monthly Payment Composition

Interest: 53

Principal: 4830

Suzuki Ertiga 2024 1.5L GL Car Loan Calculator FAQs in KSA

In KSA, you can choose between various loan options such as fixed-rate loans, variable-rate loans, and Islamic financing options tailored for vehicle purchases.
To apply for a car loan, you will need to visit a bank or financial institution, provide necessary documents such as your ID, proof of income, and details of the vehicle you wish to purchase.
Yes, taking a car loan can impact your credit score. Timely payments can improve your score, while missed payments can negatively affect it.
Consider factors such as interest rates, loan terms, fees, your eligibility, and the total cost of the vehicle including insurance and registration.
Interest rates for car loans in KSA vary depending on the bank and the loan type, typically ranging from 3% to 6%. It is advisable to check with different banks for the best rates.