What are the requirements to apply for a car loan for the Abarth 695 2023 1.4T Turismo in KSA?

To apply for a car loan, you typically need to provide identification, proof of income, and details about the vehicle. Some banks may also require a down payment.

How does taking a car loan affect my credit score in KSA?

Taking a car loan can impact your credit score positively if you make timely payments, but missed payments can negatively affect your score.

What factors influence the interest rate on a car loan for the Abarth 695 in KSA?

Interest rates can be influenced by your credit score, the loan term, the bank's policies, and the overall economic conditions.

What should I be aware of when choosing a car loan for the Abarth 695?

Be aware of the total cost of the loan, including interest and fees, and compare offers from different banks to find the best deal.

Can I get a loan if I have a low credit score?

Yes, you can still obtain a car loan with a low credit score, but you may face higher interest rates and stricter terms.

CarteaCar Loan Calculator

Abarth 695 2023 1.4T Turismo (Hard-Top) Car Loan Calculator in KSA

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

Monthly Payment

SAR 9,503

Down Payment

SAR 28,200

Total Cost

SAR 142,236

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 9,503	SAR 104,533
2	SAR 9,503	SAR 95,030
3	SAR 9,503	SAR 85,527
4	SAR 9,503	SAR 76,024
5	SAR 9,503	SAR 66,521
6	SAR 9,503	SAR 57,018
7	SAR 9,503	SAR 47,515
8	SAR 9,503	SAR 38,012
9	SAR 9,503	SAR 28,509
10	SAR 9,503	SAR 19,006
11	SAR 9,503	SAR 9,503
12	SAR 9,503	SAR 0

Monthly Payment Composition

Interest: 104

Principal: 9399

Abarth 695 2023 1.4T Turismo (Hard-Top) Car Loan Calculator FAQs in KSA

To apply for a car loan, you typically need to provide identification, proof of income, and details about the vehicle. Some banks may also require a down payment.
Taking a car loan can impact your credit score positively if you make timely payments, but missed payments can negatively affect your score.
Interest rates can be influenced by your credit score, the loan term, the bank's policies, and the overall economic conditions.
Be aware of the total cost of the loan, including interest and fees, and compare offers from different banks to find the best deal.
Yes, you can still obtain a car loan with a low credit score, but you may face higher interest rates and stricter terms.