What is the car loan process for purchasing a Suzuki Jimny 2018 1.3L M/T in KSA?

The car loan process typically involves selecting the vehicle, applying for a loan through a bank or financial institution, submitting required documents, receiving approval, and finalizing the purchase.

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

Taking a car loan can affect your credit score positively if you make timely payments, but late payments can negatively impact your credit score.

What should I be aware of when applying for a car loan for a Suzuki Jimny?

Be aware of the interest rates, loan terms, processing fees, and your repayment capacity before applying for the loan.

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

Factors include your credit score, the loan amount, loan duration, and the financial institution's policies.

Are there any specific documents required for a car loan application?

Yes, typically you will need to provide identification, proof of income, bank statements, and details about the vehicle.

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Suzuki Jimny 2018 1.3L M/T Car Loan Calculator in KSA

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

Monthly Payment

SAR 5,762

Down Payment

SAR 17,100

Total Cost

SAR 86,244

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 5,762	SAR 63,382
2	SAR 5,762	SAR 57,620
3	SAR 5,762	SAR 51,858
4	SAR 5,762	SAR 46,096
5	SAR 5,762	SAR 40,334
6	SAR 5,762	SAR 34,572
7	SAR 5,762	SAR 28,810
8	SAR 5,762	SAR 23,048
9	SAR 5,762	SAR 17,286
10	SAR 5,762	SAR 11,524
11	SAR 5,762	SAR 5,762
12	SAR 5,762	SAR 0

Monthly Payment Composition

Interest: 62

Principal: 5700

Suzuki Jimny 2018 1.3L M/T Car Loan Calculator FAQs in KSA

The car loan process typically involves selecting the vehicle, applying for a loan through a bank or financial institution, submitting required documents, receiving approval, and finalizing the purchase.
Taking a car loan can affect your credit score positively if you make timely payments, but late payments can negatively impact your credit score.
Be aware of the interest rates, loan terms, processing fees, and your repayment capacity before applying for the loan.
Factors include your credit score, the loan amount, loan duration, and the financial institution's policies.
Yes, typically you will need to provide identification, proof of income, bank statements, and details about the vehicle.