What is the loan amount I can get for a Hyundai Accent 2022 1.4L Smart Plus in KSA?

The loan amount generally depends on your income, credit score, and the price of the vehicle. Typically, banks can finance up to 80-100% of the car's value.

How do I apply for a car loan for the Hyundai Accent 2022 in KSA?

You can apply for a car loan by visiting a bank's branch or their website. You will need to provide personal information, proof of income, and details about the vehicle.

Will taking a car loan affect my credit score in KSA?

Yes, taking a car loan will affect your credit score as it will show up as a new credit inquiry. Timely payments can improve your score.

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

Be aware of the interest rates, loan terms, and any hidden fees. Also, check if there are penalties for early repayment.

What factors affect the loan interest rates for car loans in KSA?

Factors include the central bank's policy rate, your credit score, the loan amount, and the term length. Economic conditions also play a role.

CarteaCar Loan Calculator

Hyundai Accent 2022 1.4L Smart Plus Car Loan Calculator in KSA

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

Monthly Payment

SAR 4,986

Down Payment

SAR 14,797

Total Cost

SAR 74,629

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 4,986	SAR 54,846
2	SAR 4,986	SAR 49,860
3	SAR 4,986	SAR 44,874
4	SAR 4,986	SAR 39,888
5	SAR 4,986	SAR 34,902
6	SAR 4,986	SAR 29,916
7	SAR 4,986	SAR 24,930
8	SAR 4,986	SAR 19,944
9	SAR 4,986	SAR 14,958
10	SAR 4,986	SAR 9,972
11	SAR 4,986	SAR 4,986
12	SAR 4,986	SAR 0

Monthly Payment Composition

Interest: 54

Principal: 4932

Hyundai Accent 2022 1.4L Smart Plus Car Loan Calculator FAQs in KSA

The loan amount generally depends on your income, credit score, and the price of the vehicle. Typically, banks can finance up to 80-100% of the car's value.
You can apply for a car loan by visiting a bank's branch or their website. You will need to provide personal information, proof of income, and details about the vehicle.
Yes, taking a car loan will affect your credit score as it will show up as a new credit inquiry. Timely payments can improve your score.
Be aware of the interest rates, loan terms, and any hidden fees. Also, check if there are penalties for early repayment.
Factors include the central bank's policy rate, your credit score, the loan amount, and the term length. Economic conditions also play a role.