What are the available financing options for purchasing a Suzuki Vitara 2020 1.6L GLX 2WD in KSA?

In KSA, you can choose from various financing options such as bank loans, dealership financing, or leasing. It's advisable to compare the interest rates and terms before deciding.

How does 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 lead to a decrease in your score.

What should I consider before applying for a car loan for Suzuki Vitara?

Consider your budget, the total cost of the loan including interest, the loan term, and your ability to make monthly payments. Also, check your credit report before applying.

What factors affect the interest rates for car loans in KSA?

Interest rates can be affected by your credit score, the term of the loan, the lender's policy, and the current economic conditions in KSA.

Is it possible to pay off my car loan early in KSA?

Yes, most lenders allow early repayment of car loans, but you should check if any prepayment penalties apply. It's advisable to clarify this before signing the loan agreement.

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Suzuki Vitara 2020 1.6L GLX 2WD Car Loan Calculator in KSA

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

Monthly Payment

SAR 5,564

Down Payment

SAR 16,513

Total Cost

SAR 83,281

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 5,564	SAR 61,204
2	SAR 5,564	SAR 55,640
3	SAR 5,564	SAR 50,076
4	SAR 5,564	SAR 44,512
5	SAR 5,564	SAR 38,948
6	SAR 5,564	SAR 33,384
7	SAR 5,564	SAR 27,820
8	SAR 5,564	SAR 22,256
9	SAR 5,564	SAR 16,692
10	SAR 5,564	SAR 11,128
11	SAR 5,564	SAR 5,564
12	SAR 5,564	SAR 0

Monthly Payment Composition

Interest: 60

Principal: 5504

Suzuki Vitara 2020 1.6L GLX 2WD Car Loan Calculator FAQs in KSA

In KSA, you can choose from various financing options such as bank loans, dealership financing, or leasing. It's advisable to compare the interest rates and terms before deciding.
Taking a car loan can impact your credit score positively if you make timely payments. However, missing payments can lead to a decrease in your score.
Consider your budget, the total cost of the loan including interest, the loan term, and your ability to make monthly payments. Also, check your credit report before applying.
Interest rates can be affected by your credit score, the term of the loan, the lender's policy, and the current economic conditions in KSA.
Yes, most lenders allow early repayment of car loans, but you should check if any prepayment penalties apply. It's advisable to clarify this before signing the loan agreement.