What are the loan options available for purchasing a Suzuki Grand Vitara 2023 1.5L GLX Mild Hybrid (AWD) in KSA?

In KSA, you can find various loan options including personal loans, auto loans, and installment plans offered by banks and financial institutions specifically for vehicle purchases.

How does applying for a car loan affect my credit score in KSA?

Applying for a car loan can temporarily lower your credit score due to the hard inquiry made by lenders, but consistent payments can improve your credit score over time.

What factors should I consider before taking a car loan for the Suzuki Grand Vitara?

Before taking a car loan, consider factors such as interest rates, loan term, monthly payments, your budget, and any additional fees associated with the loan.

What is the typical interest rate for a car loan in KSA?

The typical interest rate for a car loan in KSA can range from 3% to 6% depending on the bank, your credit score, and the loan terms.

How can I improve my chances of getting approved for a car loan?

To improve your chances of getting approved for a car loan, maintain a good credit score, have a stable income, reduce existing debts, and provide necessary documentation to lenders.

CarteaCar Loan Calculator

Suzuki Grand Vitara 2023 1.5L GLX Mild Hybrid (AWD) Car Loan Calculator in KSA

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

Monthly Payment

SAR 6,813

Down Payment

SAR 20,217

Total Cost

SAR 101,973

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 6,813	SAR 74,943
2	SAR 6,813	SAR 68,130
3	SAR 6,813	SAR 61,317
4	SAR 6,813	SAR 54,504
5	SAR 6,813	SAR 47,691
6	SAR 6,813	SAR 40,878
7	SAR 6,813	SAR 34,065
8	SAR 6,813	SAR 27,252
9	SAR 6,813	SAR 20,439
10	SAR 6,813	SAR 13,626
11	SAR 6,813	SAR 6,813
12	SAR 6,813	SAR 0

Monthly Payment Composition

Interest: 74

Principal: 6739

Suzuki Grand Vitara 2023 1.5L GLX Mild Hybrid (AWD) Car Loan Calculator FAQs in KSA

In KSA, you can find various loan options including personal loans, auto loans, and installment plans offered by banks and financial institutions specifically for vehicle purchases.
Applying for a car loan can temporarily lower your credit score due to the hard inquiry made by lenders, but consistent payments can improve your credit score over time.
Before taking a car loan, consider factors such as interest rates, loan term, monthly payments, your budget, and any additional fees associated with the loan.
The typical interest rate for a car loan in KSA can range from 3% to 6% depending on the bank, your credit score, and the loan terms.
To improve your chances of getting approved for a car loan, maintain a good credit score, have a stable income, reduce existing debts, and provide necessary documentation to lenders.