What are the loan options available for purchasing a Toyota Avanza 2021 1.5L Standard in KSA?

In KSA, you can choose between conventional auto loans, Islamic financing options, and leasing agreements for purchasing the Toyota Avanza 2021 1.5L Standard.

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 lower your score.

What documents are required to apply for a car loan for the Toyota Avanza 2021?

You will typically need to provide proof of income, identification, residency proof, and details about the vehicle.

What factors can affect the loan interest rate for the Toyota Avanza 2021?

Factors that can affect the loan interest rate include your credit history, the loan term, and the lender's policies.

Is it better to get a loan from a bank or a dealership for the Toyota Avanza 2021?

It often depends on the terms and rates offered. Banks may provide better rates, while dealerships might have promotional offers.

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Toyota Avanza 2021 1.5L Standard Car Loan Calculator in KSA

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

Monthly Payment

SAR 4,519

Down Payment

SAR 13,409

Total Cost

SAR 67,637

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 4,519	SAR 49,709
2	SAR 4,519	SAR 45,190
3	SAR 4,519	SAR 40,671
4	SAR 4,519	SAR 36,152
5	SAR 4,519	SAR 31,633
6	SAR 4,519	SAR 27,114
7	SAR 4,519	SAR 22,595
8	SAR 4,519	SAR 18,076
9	SAR 4,519	SAR 13,557
10	SAR 4,519	SAR 9,038
11	SAR 4,519	SAR 4,519
12	SAR 4,519	SAR 0

Monthly Payment Composition

Interest: 50

Principal: 4469

Toyota Avanza 2021 1.5L Standard Car Loan Calculator FAQs in KSA

In KSA, you can choose between conventional auto loans, Islamic financing options, and leasing agreements for purchasing the Toyota Avanza 2021 1.5L Standard.
Taking a car loan can impact your credit score positively if you make timely payments. However, missing payments can lower your score.
You will typically need to provide proof of income, identification, residency proof, and details about the vehicle.
Factors that can affect the loan interest rate include your credit history, the loan term, and the lender's policies.
It often depends on the terms and rates offered. Banks may provide better rates, while dealerships might have promotional offers.