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

Calculation Of Loans

Total Car PriceSAR 143,550

Down PaymentSAR 28,710

Monthly PaymentSAR 9,674
Total CostSAR 144,798
Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment Schedule	Monthly Payment	Remaining Amount
1	SAR 9,674	SAR 106,414
2	SAR 9,674	SAR 96,740
3	SAR 9,674	SAR 87,066
4	SAR 9,674	SAR 77,392
5	SAR 9,674	SAR 67,718
6	SAR 9,674	SAR 58,044
7	SAR 9,674	SAR 48,370
8	SAR 9,674	SAR 38,696
9	SAR 9,674	SAR 29,022
10	SAR 9,674	SAR 19,348
11	SAR 9,674	SAR 9,674
12	SAR 9,674	SAR 0

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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.