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

In KSA, you can find various loan options from banks and financial institutions, including fixed-rate loans, variable-rate loans, and Islamic financing options specifically tailored for vehicle purchases.

How do I apply for a car loan for the Suzuki Grand Vitara 2024?

To apply for a car loan, you need to visit a bank or financial institution, provide necessary documents such as your ID, proof of income, and details of the vehicle, and then fill out a loan application form.

Will taking a car loan affect my credit score?

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

What should I be aware of when taking out a car loan?

You should be aware of the interest rates, repayment terms, any additional fees, and the total cost of the loan over time.

What factors influence the interest rate for my car loan?

Factors influencing the interest rate include your credit score, the loan amount, the loan term, and the current market rates.

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Suzuki Grand Vitara 2024 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 6,735

Down Payment

SAR 19,987

Total Cost

SAR 100,807

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 6,735	SAR 74,085
2	SAR 6,735	SAR 67,350
3	SAR 6,735	SAR 60,615
4	SAR 6,735	SAR 53,880
5	SAR 6,735	SAR 47,145
6	SAR 6,735	SAR 40,410
7	SAR 6,735	SAR 33,675
8	SAR 6,735	SAR 26,940
9	SAR 6,735	SAR 20,205
10	SAR 6,735	SAR 13,470
11	SAR 6,735	SAR 6,735
12	SAR 6,735	SAR 0

Monthly Payment Composition

Interest: 73

Principal: 6662

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

In KSA, you can find various loan options from banks and financial institutions, including fixed-rate loans, variable-rate loans, and Islamic financing options specifically tailored for vehicle purchases.
To apply for a car loan, you need to visit a bank or financial institution, provide necessary documents such as your ID, proof of income, and details of the vehicle, and then fill out a loan application form.
Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can harm it.
You should be aware of the interest rates, repayment terms, any additional fees, and the total cost of the loan over time.
Factors influencing the interest rate include your credit score, the loan amount, the loan term, and the current market rates.