What are the loan options available for purchasing a Volkswagen Golf 2018 2.0L SE R (290 HP) in KSA?

In KSA, you can choose from several loan options such as conventional auto loans, leasing options, and Islamic financing. Each option has different terms and conditions.

How do I apply for a car loan for a Volkswagen Golf 2018 in KSA?

To apply for a car loan, you need to visit a bank or financial institution, provide necessary documents like ID, proof of income, and submit an application form. The bank will then assess your creditworthiness.

Will taking out a loan for the Volkswagen Golf affect my credit score?

Yes, taking out a loan can affect your credit score. Timely payments may improve your score, while missed payments can lower it.

What should I be aware of when taking a car loan?

Be aware of the interest rates, loan terms, any hidden fees, and your ability to make monthly payments. It's also wise to read the fine print before signing.

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 current market rates.

CarteaCar Loan Calculator

Volkswagen Golf 2018 2.0L SE R (290 HP) Car Loan Calculator in KSA

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

Monthly Payment

SAR 19,106

Down Payment

SAR 56,700

Total Cost

SAR 285,972

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 19,106	SAR 210,166
2	SAR 19,106	SAR 191,060
3	SAR 19,106	SAR 171,954
4	SAR 19,106	SAR 152,848
5	SAR 19,106	SAR 133,742
6	SAR 19,106	SAR 114,636
7	SAR 19,106	SAR 95,530
8	SAR 19,106	SAR 76,424
9	SAR 19,106	SAR 57,318
10	SAR 19,106	SAR 38,212
11	SAR 19,106	SAR 19,106
12	SAR 19,106	SAR 0

Monthly Payment Composition

Interest: 206

Principal: 18900

Volkswagen Golf 2018 2.0L SE R (290 HP) Car Loan Calculator FAQs in KSA

In KSA, you can choose from several loan options such as conventional auto loans, leasing options, and Islamic financing. Each option has different terms and conditions.
To apply for a car loan, you need to visit a bank or financial institution, provide necessary documents like ID, proof of income, and submit an application form. The bank will then assess your creditworthiness.
Yes, taking out a loan can affect your credit score. Timely payments may improve your score, while missed payments can lower it.
Be aware of the interest rates, loan terms, any hidden fees, and your ability to make monthly payments. It's also wise to read the fine print before signing.
Factors that can affect your interest rate include your credit score, the loan amount, the loan term, and the current market rates.