What is the car loan process for purchasing a Hyundai Accent 2018 1.4L Base in KSA?

The process typically involves selecting the car, applying for a loan through a bank or financial institution, submitting necessary documents, and then waiting for approval. Once approved, you can finalize the purchase.

How does taking a loan for a Hyundai Accent affect my credit score?

Taking a loan can impact your credit score positively if you make timely payments, but it may lower your score initially due to the hard inquiry and increased debt ratio.

What should I be aware of when applying for a car loan in KSA?

Be aware of the interest rates, loan terms, and any additional fees. Also, ensure you have all necessary documents ready, such as proof of income and identification.

What factors can affect the loan interest rate for a Hyundai Accent?

Factors include your credit score, the loan amount, loan term, and the overall economic conditions in KSA.

Can I get a loan for a used Hyundai Accent 2018 in KSA?

Yes, you can get a loan for a used Hyundai Accent, but the terms may differ compared to a new car loan. It's advisable to check with your bank for specific conditions.

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Hyundai Accent 2018 1.4L Base Car Loan Calculator in KSA

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

Monthly Payment

SAR 3,168

Down Payment

SAR 9,400

Total Cost

SAR 47,416

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 3,168	SAR 34,848
2	SAR 3,168	SAR 31,680
3	SAR 3,168	SAR 28,512
4	SAR 3,168	SAR 25,344
5	SAR 3,168	SAR 22,176
6	SAR 3,168	SAR 19,008
7	SAR 3,168	SAR 15,840
8	SAR 3,168	SAR 12,672
9	SAR 3,168	SAR 9,504
10	SAR 3,168	SAR 6,336
11	SAR 3,168	SAR 3,168
12	SAR 3,168	SAR 0

Monthly Payment Composition

Interest: 35

Principal: 3133

Hyundai Accent 2018 1.4L Base Car Loan Calculator FAQs in KSA

The process typically involves selecting the car, applying for a loan through a bank or financial institution, submitting necessary documents, and then waiting for approval. Once approved, you can finalize the purchase.
Taking a loan can impact your credit score positively if you make timely payments, but it may lower your score initially due to the hard inquiry and increased debt ratio.
Be aware of the interest rates, loan terms, and any additional fees. Also, ensure you have all necessary documents ready, such as proof of income and identification.
Factors include your credit score, the loan amount, loan term, and the overall economic conditions in KSA.
Yes, you can get a loan for a used Hyundai Accent, but the terms may differ compared to a new car loan. It's advisable to check with your bank for specific conditions.