What is the process for obtaining a car loan for the Hyundai Staria 2023 2.2T Van (9 Seater) M/T in KSA?

To obtain a car loan for the Hyundai Staria, you need to choose a bank, submit the necessary documents including proof of income, residency, and ID, and fill out the loan application. The bank will then assess your creditworthiness and loan eligibility.

Will taking out a loan for the Hyundai Staria affect my credit score?

Yes, taking out a loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments can negatively impact it.

What factors should I consider before applying for a car loan in KSA?

Consider your budget, loan interest rates, repayment terms, and your overall financial situation. It's also important to check if there are any hidden fees involved.

How do interest rates for car loans typically work in KSA?

Interest rates for car loans in KSA can vary based on the bank, your credit score, and the loan amount. It's essential to shop around for the best rates.

Are there any special promotions or offers for financing the Hyundai Staria in KSA?

Many banks and dealerships may offer promotional financing rates or incentives for new car purchases. It's advisable to check directly with the bank or dealership for current offers.

CarteaCar Loan Calculator

Hyundai Staria 2023 2.2T Van (9 Seater) M/T Car Loan Calculator in KSA

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

Monthly Payment

SAR 8,939

Down Payment

SAR 26,527

Total Cost

SAR 133,795

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 8,939	SAR 98,329
2	SAR 8,939	SAR 89,390
3	SAR 8,939	SAR 80,451
4	SAR 8,939	SAR 71,512
5	SAR 8,939	SAR 62,573
6	SAR 8,939	SAR 53,634
7	SAR 8,939	SAR 44,695
8	SAR 8,939	SAR 35,756
9	SAR 8,939	SAR 26,817
10	SAR 8,939	SAR 17,878
11	SAR 8,939	SAR 8,939
12	SAR 8,939	SAR 0

Monthly Payment Composition

Interest: 97

Principal: 8842

Hyundai Staria 2023 2.2T Van (9 Seater) M/T Car Loan Calculator FAQs in KSA

To obtain a car loan for the Hyundai Staria, you need to choose a bank, submit the necessary documents including proof of income, residency, and ID, and fill out the loan application. The bank will then assess your creditworthiness and loan eligibility.
Yes, taking out a loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments can negatively impact it.
Consider your budget, loan interest rates, repayment terms, and your overall financial situation. It's also important to check if there are any hidden fees involved.
Interest rates for car loans in KSA can vary based on the bank, your credit score, and the loan amount. It's essential to shop around for the best rates.
Many banks and dealerships may offer promotional financing rates or incentives for new car purchases. It's advisable to check directly with the bank or dealership for current offers.