What are the eligibility criteria for a car loan for Audi A4 2023 35 TFSI S-line in KSA?

To be eligible for a car loan, you usually need to be a Saudi resident, have a stable income, and meet the bank's credit score requirements.

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

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

Factors include your credit score, loan amount, loan term, and the bank's policies.

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

Many banks allow early repayment without penalties, but it's best to confirm with your lender.

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

SAR 24,114

SAR 71,564

SAR 360,932

Interest: 260

Principal: 23854

To be eligible for a car loan, you usually need to be a Saudi resident, have a stable income, and meet the bank's credit score requirements.
Taking a car loan can affect your credit score positively if you make timely payments, but missed payments can harm your score.
Factors include your credit score, loan amount, loan term, and the bank's policies.
Typically, you will need your ID, income proof, bank statements, and details of the vehicle you wish to purchase.
Many banks allow early repayment without penalties, but it's best to confirm with your lender.