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

In KSA, you can opt for traditional bank loans, Islamic financing, or dealership financing for purchasing a Hyundai Sonata 2024 2.5L Smart.

How does taking a car loan affect my credit score in KSA?

Taking a car loan can impact your credit score positively if you make timely payments, but missed payments can damage your credit score.

What should I consider before applying for a car loan?

Consider your budget, loan terms, interest rates, and the total cost of the loan including fees before applying.

What factors can affect the interest rate on my car loan?

Factors that can affect your car loan interest rate include your credit score, the loan amount, the loan term, and the current market rates.

How long does it typically take to get approved for a car loan in KSA?

Typically, it takes anywhere from a few hours to a few days to get approved for a car loan in KSA, depending on the lender and documentation provided.

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Hyundai Sonata 2024 2.5L Smart Car Loan Calculator in KSA

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

Monthly Payment

SAR 8,547

Down Payment

SAR 25,363

Total Cost

SAR 127,927

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 8,547	SAR 94,017
2	SAR 8,547	SAR 85,470
3	SAR 8,547	SAR 76,923
4	SAR 8,547	SAR 68,376
5	SAR 8,547	SAR 59,829
6	SAR 8,547	SAR 51,282
7	SAR 8,547	SAR 42,735
8	SAR 8,547	SAR 34,188
9	SAR 8,547	SAR 25,641
10	SAR 8,547	SAR 17,094
11	SAR 8,547	SAR 8,547
12	SAR 8,547	SAR 0

Monthly Payment Composition

Interest: 93

Principal: 8454

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

In KSA, you can opt for traditional bank loans, Islamic financing, or dealership financing for purchasing a Hyundai Sonata 2024 2.5L Smart.
Taking a car loan can impact your credit score positively if you make timely payments, but missed payments can damage your credit score.
Consider your budget, loan terms, interest rates, and the total cost of the loan including fees before applying.
Factors that can affect your car loan interest rate include your credit score, the loan amount, the loan term, and the current market rates.
Typically, it takes anywhere from a few hours to a few days to get approved for a car loan in KSA, depending on the lender and documentation provided.