What are the financing options available for purchasing a Suzuki Swift 2024 1.2L GLX in KSA?

There are several financing options available, including bank loans, dealership financing, and leasing options. It's important to compare interest rates and terms.

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

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

What should I consider before applying for a car loan for the Suzuki Swift 2024?

Consider your budget, the total cost of the loan including interest, monthly payments, and your current financial situation.

What factors can impact the interest rate on my car loan?

Factors include your credit score, loan amount, loan term, and the lender's policies. A higher credit score typically leads to better rates.

Can I pay off my car loan early without penalties?

Many lenders allow early repayment without penalties, but it's essential to check the loan agreement for specific terms.

CarteaCar Loan Calculator

Suzuki Swift 2024 1.2L GLX Car Loan Calculator in KSA

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

Monthly Payment

SAR 4,883

Down Payment

SAR 14,490

Total Cost

SAR 73,086

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 4,883	SAR 53,713
2	SAR 4,883	SAR 48,830
3	SAR 4,883	SAR 43,947
4	SAR 4,883	SAR 39,064
5	SAR 4,883	SAR 34,181
6	SAR 4,883	SAR 29,298
7	SAR 4,883	SAR 24,415
8	SAR 4,883	SAR 19,532
9	SAR 4,883	SAR 14,649
10	SAR 4,883	SAR 9,766
11	SAR 4,883	SAR 4,883
12	SAR 4,883	SAR 0

Monthly Payment Composition

Interest: 53

Principal: 4830

Suzuki Swift 2024 1.2L GLX Car Loan Calculator FAQs in KSA

There are several financing options available, including bank loans, dealership financing, and leasing options. It's important to compare interest rates and terms.
Taking a car loan can impact your credit score positively if you make timely payments. However, missing payments can negatively affect it.
Consider your budget, the total cost of the loan including interest, monthly payments, and your current financial situation.
Factors include your credit score, loan amount, loan term, and the lender's policies. A higher credit score typically leads to better rates.
Many lenders allow early repayment without penalties, but it's essential to check the loan agreement for specific terms.