What are the common loan options available for purchasing a Hyundai Elantra 2023 2.0L Comfort in KSA?

Common loan options include bank loans, dealership financing, and personal loans, each with different terms and interest rates.

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

You can apply for a car loan through a bank or financial institution by providing necessary documents such as ID, proof of income, and the vehicle's details.

Will taking a car loan affect my credit score?

Yes, taking a loan can affect your credit score, especially if you miss payments or default on the loan.

What should I consider before taking a car loan for the Hyundai Elantra?

Consider the loan interest rates, repayment terms, your monthly budget, and any fees associated with the loan.

What factors can influence the interest rate of my car loan?

Factors include your credit score, loan amount, loan term, and the lender's policies.

CarteaCar Loan Calculator

Hyundai Elantra 2023 2.0L Comfort Car Loan Calculator in KSA

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

Monthly Payment

SAR 6,614

Down Payment

SAR 19,627

Total Cost

SAR 98,995

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 6,614	SAR 72,754
2	SAR 6,614	SAR 66,140
3	SAR 6,614	SAR 59,526
4	SAR 6,614	SAR 52,912
5	SAR 6,614	SAR 46,298
6	SAR 6,614	SAR 39,684
7	SAR 6,614	SAR 33,070
8	SAR 6,614	SAR 26,456
9	SAR 6,614	SAR 19,842
10	SAR 6,614	SAR 13,228
11	SAR 6,614	SAR 6,614
12	SAR 6,614	SAR 0

Monthly Payment Composition

Interest: 72

Principal: 6542

Hyundai Elantra 2023 2.0L Comfort Car Loan Calculator FAQs in KSA

Common loan options include bank loans, dealership financing, and personal loans, each with different terms and interest rates.
You can apply for a car loan through a bank or financial institution by providing necessary documents such as ID, proof of income, and the vehicle's details.
Yes, taking a loan can affect your credit score, especially if you miss payments or default on the loan.
Consider the loan interest rates, repayment terms, your monthly budget, and any fees associated with the loan.
Factors include your credit score, loan amount, loan term, and the lender's policies.