What are the requirements to apply for a car loan for Haval Jolion 2022 1.5T Active in KSA?

To apply for a car loan, you typically need to provide proof of income, identification, residency, and sometimes a down payment.

How does taking a car loan affect my credit score in KSA?

Taking a car loan can affect your credit score positively if you make timely payments, but missed payments can have a negative impact.

Interest rates can be influenced by factors such as your credit score, loan amount, loan term, and the bank's policies.

Consider the total cost of the loan, the interest rate, repayment terms, and any additional fees or insurance requirements.

Yes, you can negotiate terms such as interest rates and loan fees with the bank or financial institution.

CarteaCar Loan Calculator

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

SAR 4,650

SAR 13,798

SAR 69,598

Interest: 51

Principal: 4599

To apply for a car loan, you typically need to provide proof of income, identification, residency, and sometimes a down payment.
Taking a car loan can affect your credit score positively if you make timely payments, but missed payments can have a negative impact.
Interest rates can be influenced by factors such as your credit score, loan amount, loan term, and the bank's policies.
Consider the total cost of the loan, the interest rate, repayment terms, and any additional fees or insurance requirements.
Yes, you can negotiate terms such as interest rates and loan fees with the bank or financial institution.