What are the loan options available for purchasing a Hyundai Sonata 2024 2.5L Mid in KSA?

In KSA, you can choose between conventional car loans, Islamic financing options, or lease-to-own plans offered by various banks.

How can I apply for a car loan for the Hyundai Sonata 2024 2.5L Mid?

You can apply for a car loan either online through your bank's website or by visiting a branch. You'll need to provide necessary documents like identification and income proof.

Will taking a car loan affect my credit score?

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

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

You should consider the interest rates, loan terms, additional fees, and your ability to repay the loan without affecting your financial stability.

What factors can affect the loan interest rates for the Hyundai Sonata 2024 2.5L Mid?

Factors include your credit score, the loan amount, the loan term, and current market conditions.

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Hyundai Sonata 2024 2.5L Mid Car Loan Calculator in KSA

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

Monthly Payment

SAR 10,806

Down Payment

SAR 32,067

Total Cost

SAR 161,739

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 10,806	SAR 118,866
2	SAR 10,806	SAR 108,060
3	SAR 10,806	SAR 97,254
4	SAR 10,806	SAR 86,448
5	SAR 10,806	SAR 75,642
6	SAR 10,806	SAR 64,836
7	SAR 10,806	SAR 54,030
8	SAR 10,806	SAR 43,224
9	SAR 10,806	SAR 32,418
10	SAR 10,806	SAR 21,612
11	SAR 10,806	SAR 10,806
12	SAR 10,806	SAR 0

Monthly Payment Composition

Interest: 117

Principal: 10689

Hyundai Sonata 2024 2.5L Mid Car Loan Calculator FAQs in KSA

In KSA, you can choose between conventional car loans, Islamic financing options, or lease-to-own plans offered by various banks.
You can apply for a car loan either online through your bank's website or by visiting a branch. You'll need to provide necessary documents like identification and income proof.
Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can decrease it.
You should consider the interest rates, loan terms, additional fees, and your ability to repay the loan without affecting your financial stability.
Factors include your credit score, the loan amount, the loan term, and current market conditions.