What is the process for obtaining a car loan for a Ford Taurus 2023 2.0L EcoBoost Titanium in KSA?

To obtain a car loan for a Ford Taurus 2023 in KSA, you should first check your eligibility with various banks, gather the required documents, and then apply either online or in-person.

Will taking a car loan affect my credit score in KSA?

Yes, taking a car loan can affect your credit score. Timely repayments can improve your score, while missed payments can lower it.

What should I consider before applying for a car loan in KSA?

Before applying for a car loan, consider the interest rates, loan terms, monthly payments, and your budget to ensure you can afford the loan.

What factors can influence the loan interest rates for a Ford Taurus 2023 in KSA?

Factors that can influence loan interest rates include your credit score, loan amount, loan term, and current market conditions.

What documents are required to apply for a car loan in KSA?

Typically, you will need to provide proof of income, identification, bank statements, and information about the vehicle you intend to purchase.

CarteaCar Loan Calculator

Ford Taurus 2023 2.0L EcoBoost Titanium Car Loan Calculator in KSA

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

Monthly Payment

SAR 9,711

Down Payment

SAR 28,819

Total Cost

SAR 145,351

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 9,711	SAR 106,821
2	SAR 9,711	SAR 97,110
3	SAR 9,711	SAR 87,399
4	SAR 9,711	SAR 77,688
5	SAR 9,711	SAR 67,977
6	SAR 9,711	SAR 58,266
7	SAR 9,711	SAR 48,555
8	SAR 9,711	SAR 38,844
9	SAR 9,711	SAR 29,133
10	SAR 9,711	SAR 19,422
11	SAR 9,711	SAR 9,711
12	SAR 9,711	SAR 0

Monthly Payment Composition

Interest: 105

Principal: 9606

Ford Taurus 2023 2.0L EcoBoost Titanium Car Loan Calculator FAQs in KSA

To obtain a car loan for a Ford Taurus 2023 in KSA, you should first check your eligibility with various banks, gather the required documents, and then apply either online or in-person.
Yes, taking a car loan can affect your credit score. Timely repayments can improve your score, while missed payments can lower it.
Before applying for a car loan, consider the interest rates, loan terms, monthly payments, and your budget to ensure you can afford the loan.
Factors that can influence loan interest rates include your credit score, loan amount, loan term, and current market conditions.
Typically, you will need to provide proof of income, identification, bank statements, and information about the vehicle you intend to purchase.