What are the financing options available for purchasing a Ford Explorer 2023 3.0L EcoBoost ST (AWD) in KSA?

In KSA, you can choose from various financing options such as conventional loans, Islamic financing, and leasing agreements tailored to your needs.

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

You can apply for a car loan by visiting a bank or financial institution's website, providing necessary documents such as income proof, identity verification, and details of the vehicle.

Will taking a car loan affect my credit score?

Yes, taking a car loan can affect your credit score, especially if you make timely payments. It may improve your credit score over time.

What should I be aware of when taking a car loan?

Be aware of the interest rates, loan terms, hidden fees, and your ability to repay the loan before signing any agreements.

What factors can affect the loan interest rate for a car in KSA?

Factors that can affect the loan interest rate include your credit score, loan amount, repayment term, and the lender's policies.

CarteaCar Loan Calculator

Ford Explorer 2023 3.0L EcoBoost ST (AWD) Car Loan Calculator in KSA

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

Monthly Payment

SAR 17,178

Down Payment

SAR 50,980

Total Cost

SAR 257,116

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 17,178	SAR 188,958
2	SAR 17,178	SAR 171,780
3	SAR 17,178	SAR 154,602
4	SAR 17,178	SAR 137,424
5	SAR 17,178	SAR 120,246
6	SAR 17,178	SAR 103,068
7	SAR 17,178	SAR 85,890
8	SAR 17,178	SAR 68,712
9	SAR 17,178	SAR 51,534
10	SAR 17,178	SAR 34,356
11	SAR 17,178	SAR 17,178
12	SAR 17,178	SAR 0

Monthly Payment Composition

Interest: 185

Principal: 16993

Ford Explorer 2023 3.0L EcoBoost ST (AWD) Car Loan Calculator FAQs in KSA

In KSA, you can choose from various financing options such as conventional loans, Islamic financing, and leasing agreements tailored to your needs.
You can apply for a car loan by visiting a bank or financial institution's website, providing necessary documents such as income proof, identity verification, and details of the vehicle.
Yes, taking a car loan can affect your credit score, especially if you make timely payments. It may improve your credit score over time.
Be aware of the interest rates, loan terms, hidden fees, and your ability to repay the loan before signing any agreements.
Factors that can affect the loan interest rate include your credit score, loan amount, repayment term, and the lender's policies.