What are the loan options available for purchasing a Volkswagen Passat 2018 2.5L R-Line in KSA?

In KSA, you can choose from various loan options such as conventional loans, Islamic financing, or lease-to-own agreements. It's best to compare rates from different banks.

How does taking a loan impact my credit score in KSA?

Taking a loan can impact your credit score positively if you make timely payments, but missing payments can harm your score.

What documents are required to apply for a car loan in KSA?

Typically, you will need your ID, proof of income, bank statements, and details about the vehicle you wish to purchase.

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

Factors include your credit history, the loan amount, the loan term, and prevailing market rates.

Are there any hidden fees associated with car loans in KSA?

Yes, you should be aware of potential processing fees, early repayment penalties, and insurance requirements that may not be immediately apparent.

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Volkswagen Passat 2018 2.5L R-Line Car Loan Calculator in KSA

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

Monthly Payment

SAR 9,907

Down Payment

SAR 29,400

Total Cost

SAR 148,284

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 9,907	SAR 108,977
2	SAR 9,907	SAR 99,070
3	SAR 9,907	SAR 89,163
4	SAR 9,907	SAR 79,256
5	SAR 9,907	SAR 69,349
6	SAR 9,907	SAR 59,442
7	SAR 9,907	SAR 49,535
8	SAR 9,907	SAR 39,628
9	SAR 9,907	SAR 29,721
10	SAR 9,907	SAR 19,814
11	SAR 9,907	SAR 9,907
12	SAR 9,907	SAR 0

Monthly Payment Composition

Interest: 107

Principal: 9800

Volkswagen Passat 2018 2.5L R-Line Car Loan Calculator FAQs in KSA

In KSA, you can choose from various loan options such as conventional loans, Islamic financing, or lease-to-own agreements. It's best to compare rates from different banks.
Taking a loan can impact your credit score positively if you make timely payments, but missing payments can harm your score.
Typically, you will need your ID, proof of income, bank statements, and details about the vehicle you wish to purchase.
Factors include your credit history, the loan amount, the loan term, and prevailing market rates.
Yes, you should be aware of potential processing fees, early repayment penalties, and insurance requirements that may not be immediately apparent.