What are the financing options available for purchasing the Suzuki Grand Vitara 2024 1.5L GLX Mild Hybrid (2WD) in KSA?

In KSA, you can consider options like bank loans, dealership financing, or leasing. Each option has different terms, interest rates, and repayment plans.

How does taking a loan for the Suzuki Grand Vitara affect my credit score?

Taking a loan can affect your credit score positively if you make timely payments. However, missing payments may negatively impact your score.

What documents do I need to apply for a car loan in KSA?

Typically, you will need your ID, proof of income, bank statements, and the details of the vehicle you wish to purchase.

What factors can affect the interest rates on my car loan?

Factors include your credit score, the loan term, the amount you are borrowing, and the current economic conditions.

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

Yes, there can be processing fees, early repayment penalties, and insurance costs. Always read the loan agreement carefully.

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Suzuki Grand Vitara 2024 1.5L GLX Mild Hybrid (2WD) Car Loan Calculator in KSA

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

Monthly Payment

SAR 5,805

Down Payment

SAR 17,227

Total Cost

SAR 86,887

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 5,805	SAR 63,855
2	SAR 5,805	SAR 58,050
3	SAR 5,805	SAR 52,245
4	SAR 5,805	SAR 46,440
5	SAR 5,805	SAR 40,635
6	SAR 5,805	SAR 34,830
7	SAR 5,805	SAR 29,025
8	SAR 5,805	SAR 23,220
9	SAR 5,805	SAR 17,415
10	SAR 5,805	SAR 11,610
11	SAR 5,805	SAR 5,805
12	SAR 5,805	SAR 0

Monthly Payment Composition

Interest: 63

Principal: 5742

Suzuki Grand Vitara 2024 1.5L GLX Mild Hybrid (2WD) Car Loan Calculator FAQs in KSA

In KSA, you can consider options like bank loans, dealership financing, or leasing. Each option has different terms, interest rates, and repayment plans.
Taking a loan can affect your credit score positively if you make timely payments. However, missing payments may negatively impact your score.
Typically, you will need your ID, proof of income, bank statements, and the details of the vehicle you wish to purchase.
Factors include your credit score, the loan term, the amount you are borrowing, and the current economic conditions.
Yes, there can be processing fees, early repayment penalties, and insurance costs. Always read the loan agreement carefully.