What are the financing options available for purchasing a Hyundai Elantra 2023 1.6L Ultimate HEV in KSA?

In KSA, you can choose between bank loans, dealership financing, or personal loans to purchase a Hyundai Elantra 2023 1.6L Ultimate HEV.

How can I apply for a car loan for the Hyundai Elantra in KSA?

You can apply for a car loan by visiting a bank or financial institution, or by applying online through their website, providing necessary documents like your ID, salary proof, and vehicle details.

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

Yes, taking a car loan can impact your credit score, as it adds to your credit history and affects your credit utilization ratio.

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

Be aware of the interest rates, loan terms, monthly payments, and any additional fees that may apply.

What factors influence the interest rate on a car loan in KSA?

Factors that influence the interest rate include your credit score, loan amount, loan term, and prevailing economic conditions.

CarteaCar Loan Calculator

Hyundai Elantra 2023 1.6L Ultimate HEV Car Loan Calculator in KSA

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

Monthly Payment

SAR 9,481

Down Payment

SAR 28,137

Total Cost

SAR 141,909

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 9,481	SAR 104,291
2	SAR 9,481	SAR 94,810
3	SAR 9,481	SAR 85,329
4	SAR 9,481	SAR 75,848
5	SAR 9,481	SAR 66,367
6	SAR 9,481	SAR 56,886
7	SAR 9,481	SAR 47,405
8	SAR 9,481	SAR 37,924
9	SAR 9,481	SAR 28,443
10	SAR 9,481	SAR 18,962
11	SAR 9,481	SAR 9,481
12	SAR 9,481	SAR 0

Monthly Payment Composition

Interest: 102

Principal: 9379

Hyundai Elantra 2023 1.6L Ultimate HEV Car Loan Calculator FAQs in KSA

In KSA, you can choose between bank loans, dealership financing, or personal loans to purchase a Hyundai Elantra 2023 1.6L Ultimate HEV.
You can apply for a car loan by visiting a bank or financial institution, or by applying online through their website, providing necessary documents like your ID, salary proof, and vehicle details.
Yes, taking a car loan can impact your credit score, as it adds to your credit history and affects your credit utilization ratio.
Be aware of the interest rates, loan terms, monthly payments, and any additional fees that may apply.
Factors that influence the interest rate include your credit score, loan amount, loan term, and prevailing economic conditions.