What are the loan options available for purchasing a Hyundai Accent 2018 1.6L (Full Option) in KSA?

In KSA, you can explore various loan options such as conventional auto loans, Islamic auto financing, and personal loans. Each bank offers different terms and conditions, so it is advisable to compare offers.

How do I apply for a car loan for the Hyundai Accent 2018?

To apply for a car loan, you typically need to visit the bank or their website, provide necessary documents such as proof of income, identification, and details about the car. After submission, the bank will evaluate your application.

Will taking out a loan affect my credit score?

Yes, taking out a loan can affect your credit score. Timely payments can improve your score, while missed payments can harm it. It's important to manage your loan responsibly.

What should I consider before taking out a car loan?

Consider the interest rates, loan terms, your budget for monthly payments, and any fees associated with the loan. Ensure that the loan fits your financial situation.

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

Factors that can affect the loan interest rate include your credit score, the loan term length, the economic conditions, and the bank's policies. A higher credit score usually results in a lower interest rate.

CarteaCar Loan Calculator

Hyundai Accent 2018 1.6L (Full Option) Car Loan Calculator in KSA

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

Monthly Payment

SAR 3,970

Down Payment

SAR 11,780

Total Cost

SAR 59,420

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 3,970	SAR 43,670
2	SAR 3,970	SAR 39,700
3	SAR 3,970	SAR 35,730
4	SAR 3,970	SAR 31,760
5	SAR 3,970	SAR 27,790
6	SAR 3,970	SAR 23,820
7	SAR 3,970	SAR 19,850
8	SAR 3,970	SAR 15,880
9	SAR 3,970	SAR 11,910
10	SAR 3,970	SAR 7,940
11	SAR 3,970	SAR 3,970
12	SAR 3,970	SAR 0

Monthly Payment Composition

Interest: 44

Principal: 3926

Hyundai Accent 2018 1.6L (Full Option) Car Loan Calculator FAQs in KSA

In KSA, you can explore various loan options such as conventional auto loans, Islamic auto financing, and personal loans. Each bank offers different terms and conditions, so it is advisable to compare offers.
To apply for a car loan, you typically need to visit the bank or their website, provide necessary documents such as proof of income, identification, and details about the car. After submission, the bank will evaluate your application.
Yes, taking out a loan can affect your credit score. Timely payments can improve your score, while missed payments can harm it. It's important to manage your loan responsibly.
Consider the interest rates, loan terms, your budget for monthly payments, and any fees associated with the loan. Ensure that the loan fits your financial situation.
Factors that can affect the loan interest rate include your credit score, the loan term length, the economic conditions, and the bank's policies. A higher credit score usually results in a lower interest rate.