What are the typical loan options available for purchasing a Suzuki Ertiga 2020 1.5L GLX in Kuwait?

In Kuwait, you can typically find auto loans from local banks and financial institutions. These loans may offer competitive interest rates and terms ranging from 1 to 5 years.

How do I apply for a car loan for the Suzuki Ertiga 2020 1.5L GLX?

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

Will taking a loan for the Suzuki Ertiga affect my credit score?

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

What should I be aware of when applying for a car loan?

Be aware of the interest rates, loan terms, and any hidden fees. It's also important to check your credit history before applying.

What factors influence the interest rate of a car loan in Kuwait?

Factors include your credit score, the loan amount, the duration of the loan, and the current economic conditions in Kuwait.

CarteaCar Loan Calculator

Suzuki Ertiga 2020 1.5L GLX Car Loan Calculator in KUWAIT

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

Monthly Payment

KWD 331

Down Payment

KWD 980

Total Cost

KWD 4,952

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	KWD 331	KWD 3,641
2	KWD 331	KWD 3,310
3	KWD 331	KWD 2,979
4	KWD 331	KWD 2,648
5	KWD 331	KWD 2,317
6	KWD 331	KWD 1,986
7	KWD 331	KWD 1,655
8	KWD 331	KWD 1,324
9	KWD 331	KWD 993
10	KWD 331	KWD 662
11	KWD 331	KWD 331
12	KWD 331	KWD 0

Monthly Payment Composition

Interest: 5

Principal: 326

Suzuki Ertiga 2020 1.5L GLX Car Loan Calculator FAQs in Kuwait

In Kuwait, you can typically find auto loans from local banks and financial institutions. These loans may offer competitive interest rates and terms ranging from 1 to 5 years.
To apply for a car loan, you need to visit a bank or financial institution, provide necessary documents like your ID, salary certificate, and vehicle details, and fill out a loan application form.
Yes, taking a loan can affect your credit score. Timely repayments can improve your score, while missed payments can lower it.
Be aware of the interest rates, loan terms, and any hidden fees. It's also important to check your credit history before applying.
Factors include your credit score, the loan amount, the duration of the loan, and the current economic conditions in Kuwait.