What are the requirements for obtaining a car loan for the Ford Explorer 2023 in KSA?

Typically, you will need to provide proof of income, a valid ID, and details about the vehicle. Some banks may also require a down payment.

How can I apply for a car loan for the Ford Explorer 2023?

You can apply online through your preferred bank's website or visit a local branch to complete the application.

Yes, applying for a loan may temporarily affect your credit score, but making timely payments can improve it over time.

You should be aware of the interest rates, loan terms, and any additional fees that may apply.

Factors include your credit score, the loan amount, the term length, and current market rates.

CarteaCar Loan Calculator

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

SAR 12,497

SAR 37,088

SAR 187,052

Interest: 135

Principal: 12362

Typically, you will need to provide proof of income, a valid ID, and details about the vehicle. Some banks may also require a down payment.
You can apply online through your preferred bank's website or visit a local branch to complete the application.
Yes, applying for a loan may temporarily affect your credit score, but making timely payments can improve it over time.
You should be aware of the interest rates, loan terms, and any additional fees that may apply.
Factors include your credit score, the loan amount, the term length, and current market rates.