What are the financing options available for purchasing a Volkswagen Golf 2020 1.2 TSI SEL in KSA?

In KSA, you can choose from various financing options such as bank loans, leasing options, and installment plans offered by different banks and financial institutions.

How can I apply for a car loan for the Volkswagen Golf 2020 1.2 TSI SEL?

To apply for a car loan, you typically need to visit a bank or financial institution, submit required documents such as ID, salary certificate, and vehicle details, and fill out a loan application form.

Will taking a car loan affect my credit score?

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

What should I consider before taking a car loan?

Before taking a car loan, consider the interest rate, loan tenure, your monthly budget, and any additional fees involved.

What factors influence the car loan interest rates in KSA?

Factors influencing car loan interest rates in KSA include the central bank's policy, inflation rates, your credit score, and the bank's risk assessment.

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Volkswagen Golf 2020 1.2 TSI SEL Car Loan Calculator in KSA

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

Monthly Payment

SAR 9,230

Down Payment

SAR 27,390

Total Cost

SAR 138,150

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 9,230	SAR 101,530
2	SAR 9,230	SAR 92,300
3	SAR 9,230	SAR 83,070
4	SAR 9,230	SAR 73,840
5	SAR 9,230	SAR 64,610
6	SAR 9,230	SAR 55,380
7	SAR 9,230	SAR 46,150
8	SAR 9,230	SAR 36,920
9	SAR 9,230	SAR 27,690
10	SAR 9,230	SAR 18,460
11	SAR 9,230	SAR 9,230
12	SAR 9,230	SAR 0

Monthly Payment Composition

Interest: 100

Principal: 9130

Volkswagen Golf 2020 1.2 TSI SEL Car Loan Calculator FAQs in KSA

In KSA, you can choose from various financing options such as bank loans, leasing options, and installment plans offered by different banks and financial institutions.
To apply for a car loan, you typically need to visit a bank or financial institution, submit required documents such as ID, salary certificate, and vehicle details, and fill out a loan application form.
Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.
Before taking a car loan, consider the interest rate, loan tenure, your monthly budget, and any additional fees involved.
Factors influencing car loan interest rates in KSA include the central bank's policy, inflation rates, your credit score, and the bank's risk assessment.