BMW X2 2024 M35i xDrive Car Loan Calculator in KSA

To be eligible for a car loan, you typically need to be at least 21 years old, have a stable income, and a good credit score.

You can apply for a car loan by visiting your bank's branch, using their online banking platform, or through a car dealership that offers financing.

Yes, taking out a loan can affect your credit score, especially if you make timely payments, which can improve it, or if you miss payments, which can lower it.

Factors that can affect the interest rate include your credit score, loan amount, loan term, and current market conditions.

Consider the total cost of the loan, monthly payments, interest rates, and any additional fees such as processing or insurance.