What are the loan options available for purchasing a Hyundai Accent 2019 1.4L Mid in KSA?

In KSA, you can choose from various banks offering auto loans, including fixed and variable interest rates, with repayment terms typically ranging from 1 to 7 years.

How do I apply for a car loan for the Hyundai Accent 2019 1.4L Mid?

You can apply for a car loan by visiting your chosen bank's branch or their website, filling out the required application form, and providing necessary documents such as your ID, income proof, and vehicle details.

Will taking out a car loan affect my credit score?

Yes, taking out a car loan will affect your credit score as it adds to your credit history. Timely payments can improve your score, while missed payments can lower it.

What should I consider before taking a car loan?

Consider factors like your monthly budget, interest rates, loan terms, and whether you can comfortably make the payments without affecting your financial stability.

What factors can affect the loan interest rates in KSA?

Factors include the central bank's policy, inflation rates, your credit score, the loan amount, and the duration of the loan.

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Hyundai Accent 2019 1.4L Mid Car Loan Calculator in KSA

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

Monthly Payment

SAR 3,269

Down Payment

SAR 9,700

Total Cost

SAR 48,928

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 3,269	SAR 35,959
2	SAR 3,269	SAR 32,690
3	SAR 3,269	SAR 29,421
4	SAR 3,269	SAR 26,152
5	SAR 3,269	SAR 22,883
6	SAR 3,269	SAR 19,614
7	SAR 3,269	SAR 16,345
8	SAR 3,269	SAR 13,076
9	SAR 3,269	SAR 9,807
10	SAR 3,269	SAR 6,538
11	SAR 3,269	SAR 3,269
12	SAR 3,269	SAR 0

Monthly Payment Composition

Interest: 36

Principal: 3233

Hyundai Accent 2019 1.4L Mid Car Loan Calculator FAQs in KSA

In KSA, you can choose from various banks offering auto loans, including fixed and variable interest rates, with repayment terms typically ranging from 1 to 7 years.
You can apply for a car loan by visiting your chosen bank's branch or their website, filling out the required application form, and providing necessary documents such as your ID, income proof, and vehicle details.
Yes, taking out a car loan will affect your credit score as it adds to your credit history. Timely payments can improve your score, while missed payments can lower it.
Consider factors like your monthly budget, interest rates, loan terms, and whether you can comfortably make the payments without affecting your financial stability.
Factors include the central bank's policy, inflation rates, your credit score, the loan amount, and the duration of the loan.