What are the financing options available for purchasing the Hyundai Elantra 2023 2.0L Premium in KSA?

In KSA, you can choose from several financing options including bank loans, dealer financing, and leasing. Each option has different terms and interest rates.

How do I apply for a car loan for the Hyundai Elantra 2023 2.0L Premium?

To apply for a car loan, you typically need to provide personal identification, proof of income, bank statements, and the vehicle's details. You can apply online or at a bank branch.

Will taking a car loan affect my credit score?

Yes, taking a car loan can affect your credit score. Timely payments may improve your score, while missed payments can decrease it.

What should I consider before taking a car loan?

Consider the loan's interest rate, the total cost of the vehicle, your monthly budget, and the loan duration before making a decision.

What factors can affect the loan interest rate for the Hyundai Elantra 2023 2.0L Premium?

Factors that can affect the loan interest rate include your credit score, the loan amount, the loan term, and the economic conditions in KSA.

CarteaCar Loan Calculator

Hyundai Elantra 2023 2.0L Premium Car Loan Calculator in KSA

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

Monthly Payment

SAR 7,319

Down Payment

SAR 21,720

Total Cost

SAR 109,548

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 7,319	SAR 80,509
2	SAR 7,319	SAR 73,190
3	SAR 7,319	SAR 65,871
4	SAR 7,319	SAR 58,552
5	SAR 7,319	SAR 51,233
6	SAR 7,319	SAR 43,914
7	SAR 7,319	SAR 36,595
8	SAR 7,319	SAR 29,276
9	SAR 7,319	SAR 21,957
10	SAR 7,319	SAR 14,638
11	SAR 7,319	SAR 7,319
12	SAR 7,319	SAR 0

Monthly Payment Composition

Interest: 79

Principal: 7240

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

In KSA, you can choose from several financing options including bank loans, dealer financing, and leasing. Each option has different terms and interest rates.
To apply for a car loan, you typically need to provide personal identification, proof of income, bank statements, and the vehicle's details. You can apply online or at a bank branch.
Yes, taking a car loan can affect your credit score. Timely payments may improve your score, while missed payments can decrease it.
Consider the loan's interest rate, the total cost of the vehicle, your monthly budget, and the loan duration before making a decision.
Factors that can affect the loan interest rate include your credit score, the loan amount, the loan term, and the economic conditions in KSA.