What are the general requirements for obtaining a car loan for the Haval H6 2018 Sport 1.5L Elite in KSA?

To obtain a car loan in KSA, you typically need to provide proof of income, a valid ID, residency proof, and a good credit history.

How does taking a loan for the Haval H6 affect my credit score in KSA?

Taking a loan can initially lower your credit score due to the hard inquiry, but timely repayments can improve your score over time.

Interest rates for car loans in KSA generally range from 3% to 7%, depending on the bank and your credit profile.

Be cautious about the loan terms, hidden fees, and ensure you can afford the monthly payments without straining your finances.

Factors include your income, credit score, existing debts, and the bank's lending policies.

CarteaCar Loan Calculator

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

SAR 7,380

SAR 21,900

SAR 110,460

Interest: 80

Principal: 7300

To obtain a car loan in KSA, you typically need to provide proof of income, a valid ID, residency proof, and a good credit history.
Taking a loan can initially lower your credit score due to the hard inquiry, but timely repayments can improve your score over time.
Interest rates for car loans in KSA generally range from 3% to 7%, depending on the bank and your credit profile.
Be cautious about the loan terms, hidden fees, and ensure you can afford the monthly payments without straining your finances.
Factors include your income, credit score, existing debts, and the bank's lending policies.