What are the financing options available for purchasing a Honda Civic 2023 1.5T Sport in KSA?

In KSA, you can choose from various financing options such as bank loans, dealership financing, and personal loans. Each option has different terms and interest rates.

How do I apply for a car loan for the Honda Civic 2023 1.5T Sport?

To apply for a car loan, you typically need to provide your identification, proof of income, and credit history. After gathering the required documents, you can approach a bank or a financing company.

Will taking a loan for the Honda Civic 2023 1.5T Sport affect my credit score?

Yes, taking a loan can affect your credit score. Applying for a loan involves a hard inquiry, which may temporarily lower your score. However, making timely payments can improve it over time.

What should I be aware of when taking a loan for a Honda Civic 2023 1.5T Sport?

Be aware of the total cost of the loan including interest rates, terms, and any additional fees. It's also important to understand your repayment capacity to avoid defaulting.

What factors influence the interest rate for a car loan in KSA?

Factors influencing the interest rate include your credit score, the loan amount, the length of the loan term, and the current economic conditions in KSA.

CarteaCar Loan Calculator

Honda Civic 2023 1.5T Sport Car Loan Calculator in KSA

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

Monthly Payment

SAR 9,680

Down Payment

SAR 28,727

Total Cost

SAR 144,887

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 9,680	SAR 106,480
2	SAR 9,680	SAR 96,800
3	SAR 9,680	SAR 87,120
4	SAR 9,680	SAR 77,440
5	SAR 9,680	SAR 67,760
6	SAR 9,680	SAR 58,080
7	SAR 9,680	SAR 48,400
8	SAR 9,680	SAR 38,720
9	SAR 9,680	SAR 29,040
10	SAR 9,680	SAR 19,360
11	SAR 9,680	SAR 9,680
12	SAR 9,680	SAR 0

Monthly Payment Composition

Interest: 105

Principal: 9575

Honda Civic 2023 1.5T Sport Car Loan Calculator FAQs in KSA

In KSA, you can choose from various financing options such as bank loans, dealership financing, and personal loans. Each option has different terms and interest rates.
To apply for a car loan, you typically need to provide your identification, proof of income, and credit history. After gathering the required documents, you can approach a bank or a financing company.
Yes, taking a loan can affect your credit score. Applying for a loan involves a hard inquiry, which may temporarily lower your score. However, making timely payments can improve it over time.
Be aware of the total cost of the loan including interest rates, terms, and any additional fees. It's also important to understand your repayment capacity to avoid defaulting.
Factors influencing the interest rate include your credit score, the loan amount, the length of the loan term, and the current economic conditions in KSA.