Genesis G80 2023 2.5T Prestige (RWD) Car Loan Calculator in KSA

The car loan process generally involves selecting your vehicle, applying for a loan through a bank or financial institution, providing necessary documentation, and waiting for approval before finalizing the purchase.

Yes, taking out a loan can impact your credit score. It may initially lower your score due to the hard inquiry, but timely payments can improve your score over time.

Key factors include the interest rate, loan term, down payment amount, your credit history, and the total cost of the vehicle.

Your credit history significantly impacts the interest rate. A better credit score can qualify you for lower rates, while a poor score may lead to higher rates.

Typically, you will need proof of income, identification, proof of residence, and details about the vehicle, such as the purchase agreement.