What are the typical loan terms for financing a Ford Explorer 2023 3.3L EcoBoost Base (AWD) in KSA?

Typical loan terms can range from 1 to 7 years, with interest rates varying based on the bank and your credit history.

How do I apply for a car loan for the Ford Explorer in KSA?

You can apply for a car loan through banks or financing companies by providing necessary documents such as your ID, salary statements, and the vehicle details.

Will taking a loan for the Ford Explorer affect my credit score?

Yes, taking a loan can impact your credit score positively or negatively depending on your payment history.

What factors should I consider when applying for a car loan?

Consider your budget, the total cost of the vehicle, interest rates, loan terms, and your credit history.

What are the factors affecting loan interest rates in KSA?

Interest rates can be influenced by central bank rates, economic conditions, inflation, and your credit score.

CarteaCar Loan Calculator

Ford Explorer 2023 3.3L EcoBoost Base (AWD) Car Loan Calculator in KSA

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

Monthly Payment

SAR 11,862

Down Payment

SAR 35,202

Total Cost

SAR 177,546

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 11,862	SAR 130,482
2	SAR 11,862	SAR 118,620
3	SAR 11,862	SAR 106,758
4	SAR 11,862	SAR 94,896
5	SAR 11,862	SAR 83,034
6	SAR 11,862	SAR 71,172
7	SAR 11,862	SAR 59,310
8	SAR 11,862	SAR 47,448
9	SAR 11,862	SAR 35,586
10	SAR 11,862	SAR 23,724
11	SAR 11,862	SAR 11,862
12	SAR 11,862	SAR 0

Monthly Payment Composition

Interest: 129

Principal: 11733

Ford Explorer 2023 3.3L EcoBoost Base (AWD) Car Loan Calculator FAQs in KSA

Typical loan terms can range from 1 to 7 years, with interest rates varying based on the bank and your credit history.
You can apply for a car loan through banks or financing companies by providing necessary documents such as your ID, salary statements, and the vehicle details.
Yes, taking a loan can impact your credit score positively or negatively depending on your payment history.
Consider your budget, the total cost of the vehicle, interest rates, loan terms, and your credit history.
Interest rates can be influenced by central bank rates, economic conditions, inflation, and your credit score.