What is the process for obtaining a car loan for the Hyundai Creta 2024 1.5L Ultimate in KSA?

To obtain a car loan for the Hyundai Creta 2024 1.5L Ultimate in KSA, you need to choose a bank, check your eligibility, submit necessary documents, and fill out a loan application form. After the bank reviews your application, they will provide you with the loan terms.

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

Yes, taking a car loan can affect your credit score in KSA. It may improve your score if you make timely payments, but missing payments can negatively impact your score.

What factors should I consider when applying for a car loan in KSA?

You should consider your monthly budget, interest rates, loan duration, monthly installments, and any additional fees that may apply.

What is the typical interest rate for a car loan on the Hyundai Creta 2024 in KSA?

The typical interest rate for a car loan in KSA can range from 3% to 7%, depending on the bank and your credit profile.

Are there any fees associated with taking out a car loan in KSA?

Yes, there may be fees such as processing fees, early repayment penalties, and insurance costs associated with car loans in KSA.

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Hyundai Creta 2024 1.5L Ultimate Car Loan Calculator in KSA

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

Monthly Payment

SAR 8,396

Down Payment

SAR 24,917

Total Cost

SAR 125,669

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 8,396	SAR 92,356
2	SAR 8,396	SAR 83,960
3	SAR 8,396	SAR 75,564
4	SAR 8,396	SAR 67,168
5	SAR 8,396	SAR 58,772
6	SAR 8,396	SAR 50,376
7	SAR 8,396	SAR 41,980
8	SAR 8,396	SAR 33,584
9	SAR 8,396	SAR 25,188
10	SAR 8,396	SAR 16,792
11	SAR 8,396	SAR 8,396
12	SAR 8,396	SAR 0

Monthly Payment Composition

Interest: 91

Principal: 8305

Hyundai Creta 2024 1.5L Ultimate Car Loan Calculator FAQs in KSA

To obtain a car loan for the Hyundai Creta 2024 1.5L Ultimate in KSA, you need to choose a bank, check your eligibility, submit necessary documents, and fill out a loan application form. After the bank reviews your application, they will provide you with the loan terms.
Yes, taking a car loan can affect your credit score in KSA. It may improve your score if you make timely payments, but missing payments can negatively impact your score.
You should consider your monthly budget, interest rates, loan duration, monthly installments, and any additional fees that may apply.
The typical interest rate for a car loan in KSA can range from 3% to 7%, depending on the bank and your credit profile.
Yes, there may be fees such as processing fees, early repayment penalties, and insurance costs associated with car loans in KSA.