What are the financing options available for purchasing a Suzuki Swift 2020 1.2L GLX in KSA?

You can choose from various financing options including bank loans, leasing, and dealer financing. Each option has its own terms and conditions.

How do I apply for a car loan for the Suzuki Swift 2020?

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

Will taking a car loan affect my credit score?

Yes, taking a car loan can affect your credit score positively or negatively depending on your repayment behavior. Timely payments can improve your score.

What should I consider before taking a car loan?

Consider your budget, interest rates, loan terms, and your ability to make monthly payments before taking out a loan.

What factors influence the interest rate on my car loan?

Factors include your credit score, loan term, the lender's policies, and the current economic conditions. A higher credit score typically results in a lower interest rate.

CarteaCar Loan Calculator

Suzuki Swift 2020 1.2L GLX Car Loan Calculator in KSA

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

Monthly Payment

SAR 4,471

Down Payment

SAR 13,269

Total Cost

SAR 66,921

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 4,471	SAR 49,181
2	SAR 4,471	SAR 44,710
3	SAR 4,471	SAR 40,239
4	SAR 4,471	SAR 35,768
5	SAR 4,471	SAR 31,297
6	SAR 4,471	SAR 26,826
7	SAR 4,471	SAR 22,355
8	SAR 4,471	SAR 17,884
9	SAR 4,471	SAR 13,413
10	SAR 4,471	SAR 8,942
11	SAR 4,471	SAR 4,471
12	SAR 4,471	SAR 0

Monthly Payment Composition

Interest: 49

Principal: 4422

Suzuki Swift 2020 1.2L GLX Car Loan Calculator FAQs in KSA

You can choose from various financing options including bank loans, leasing, and dealer financing. Each option has its own terms and conditions.
To apply for a car loan, you need to visit your bank or financial institution, provide necessary documents such as ID, income proof, and the vehicle details.
Yes, taking a car loan can affect your credit score positively or negatively depending on your repayment behavior. Timely payments can improve your score.
Consider your budget, interest rates, loan terms, and your ability to make monthly payments before taking out a loan.
Factors include your credit score, loan term, the lender's policies, and the current economic conditions. A higher credit score typically results in a lower interest rate.