What are the financing options available for purchasing the Volkswagen Arteon 2020 2.0 TSI S Base (190 HP) in KSA?

In KSA, you can typically choose between bank loans, dealership financing, or personal loans. Each option may have different terms and interest rates.

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 your payments on time. However, missing payments can lead to a decrease in your score.

What documents do I need to provide for a car loan application in KSA?

You will typically need to provide proof of identity, income statements, a credit report, and sometimes proof of residency.

What factors can affect the interest rate on my car loan in KSA?

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

Is it better to get a loan from a bank or through dealership financing for the Volkswagen Arteon in KSA?

It depends on the terms offered. Banks may offer lower interest rates, while dealerships may provide special promotions or incentives.

CarteaCar Loan Calculator

Volkswagen Arteon 2020 2.0 TSI S Base (190 HP) Car Loan Calculator in KSA

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

Monthly Payment

SAR 9,919

Down Payment

SAR 29,436

Total Cost

SAR 148,464

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 9,919	SAR 109,109
2	SAR 9,919	SAR 99,190
3	SAR 9,919	SAR 89,271
4	SAR 9,919	SAR 79,352
5	SAR 9,919	SAR 69,433
6	SAR 9,919	SAR 59,514
7	SAR 9,919	SAR 49,595
8	SAR 9,919	SAR 39,676
9	SAR 9,919	SAR 29,757
10	SAR 9,919	SAR 19,838
11	SAR 9,919	SAR 9,919
12	SAR 9,919	SAR 0

Monthly Payment Composition

Interest: 108

Principal: 9811

Volkswagen Arteon 2020 2.0 TSI S Base (190 HP) Car Loan Calculator FAQs in KSA

In KSA, you can typically choose between bank loans, dealership financing, or personal loans. Each option may have different terms and interest rates.
Taking a car loan can impact your credit score positively if you make your payments on time. However, missing payments can lead to a decrease in your score.
You will typically need to provide proof of identity, income statements, a credit report, and sometimes proof of residency.
Factors that can affect your interest rate include your credit score, the loan amount, the loan term, and the lender's policies.
It depends on the terms offered. Banks may offer lower interest rates, while dealerships may provide special promotions or incentives.