What are the loan options available for purchasing a Volkswagen Teramont 2020 2.0L S (AWD) in KSA?

In KSA, you can find various loan options such as conventional loans, Islamic finance options, and leasing. Each option has its own terms and conditions.

How do I apply for a car loan for a Volkswagen Teramont 2020 in KSA?

To apply for a car loan, you need to visit a bank or financial institution, provide necessary documents like ID, salary certificate, and other financial details, and fill out the application form.

Will taking a car loan affect my credit score in KSA?

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 be aware of when getting a car loan in KSA?

Be aware of the interest rates, loan terms, hidden fees, and your repayment capacity. It's crucial to read the loan agreement carefully.

What factors influence the car loan interest rates in KSA?

Factors include your credit score, the loan amount, the loan term, and the bank's policies. Economic conditions may also play a role.

CarteaCar Loan Calculator

Volkswagen Teramont 2020 2.0L S (AWD) Car Loan Calculator in KSA

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

Monthly Payment

SAR 10,081

Down Payment

SAR 29,918

Total Cost

SAR 150,890

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 10,081	SAR 110,891
2	SAR 10,081	SAR 100,810
3	SAR 10,081	SAR 90,729
4	SAR 10,081	SAR 80,648
5	SAR 10,081	SAR 70,567
6	SAR 10,081	SAR 60,486
7	SAR 10,081	SAR 50,405
8	SAR 10,081	SAR 40,324
9	SAR 10,081	SAR 30,243
10	SAR 10,081	SAR 20,162
11	SAR 10,081	SAR 10,081
12	SAR 10,081	SAR 0

Monthly Payment Composition

Interest: 109

Principal: 9972

Volkswagen Teramont 2020 2.0L S (AWD) Car Loan Calculator FAQs in KSA

In KSA, you can find various loan options such as conventional loans, Islamic finance options, and leasing. Each option has its own terms and conditions.
To apply for a car loan, you need to visit a bank or financial institution, provide necessary documents like ID, salary certificate, and other financial details, and fill out the application form.
Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.
Be aware of the interest rates, loan terms, hidden fees, and your repayment capacity. It's crucial to read the loan agreement carefully.
Factors include your credit score, the loan amount, the loan term, and the bank's policies. Economic conditions may also play a role.