Geely Coolray 2023 1.5TD Basic GS Car Loan Calculator in KSA

The car loan process typically involves selecting the vehicle, submitting a loan application to the bank, providing necessary documents such as income proof and identification, and then waiting for the bank's approval.

Yes, taking out a car loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments can harm it.

Key factors include interest rates, loan terms, monthly payment amounts, the total cost of the vehicle, and your financial situation.

Factors include your credit score, the length of the loan, the lender's policies, and current market interest rates.

You typically need to provide proof of income, identification (like a passport or ID card), residency proof, and details about the vehicle.