What are the requirements for obtaining a car loan for a TATA Xenon 2020 Double Cab 4x2 in KSA?

To obtain a car loan for a TATA Xenon 2020 Double Cab 4x2 in KSA, you typically need to provide proof of income, a valid ID, and details of the vehicle you wish to purchase.

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

Taking a car loan can impact your credit score positively if you make timely payments; however, missed payments can negatively affect your score.

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

Factors influencing the interest rate on your car loan include your credit score, the loan amount, the loan term, and the bank's policies.

What is the typical loan term for a car loan in KSA?

The typical loan term for a car loan in KSA ranges from 1 to 5 years, depending on the bank and the borrower's preference.

What should I be cautious about when applying for a car loan?

Be cautious about the total cost of the loan, including interest rates and fees, and ensure you understand the loan terms before signing.

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TATA Xenon 2020 Double Cab 4x2 Car Loan Calculator in KSA

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

Monthly Payment

SAR 3,625

Down Payment

SAR 10,758

Total Cost

SAR 54,258

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 3,625	SAR 39,875
2	SAR 3,625	SAR 36,250
3	SAR 3,625	SAR 32,625
4	SAR 3,625	SAR 29,000
5	SAR 3,625	SAR 25,375
6	SAR 3,625	SAR 21,750
7	SAR 3,625	SAR 18,125
8	SAR 3,625	SAR 14,500
9	SAR 3,625	SAR 10,875
10	SAR 3,625	SAR 7,250
11	SAR 3,625	SAR 3,625
12	SAR 3,625	SAR 0

Monthly Payment Composition

Interest: 39

Principal: 3586

TATA Xenon 2020 Double Cab 4x2 Car Loan Calculator FAQs in KSA

To obtain a car loan for a TATA Xenon 2020 Double Cab 4x2 in KSA, you typically need to provide proof of income, a valid ID, and details of the vehicle you wish to purchase.
Taking a car loan can impact your credit score positively if you make timely payments; however, missed payments can negatively affect your score.
Factors influencing the interest rate on your car loan include your credit score, the loan amount, the loan term, and the bank's policies.
The typical loan term for a car loan in KSA ranges from 1 to 5 years, depending on the bank and the borrower's preference.
Be cautious about the total cost of the loan, including interest rates and fees, and ensure you understand the loan terms before signing.