What are the requirements for obtaining a car loan for a Hyundai Tucson 2023 2.0L Premium (AWD) in KSA?

To obtain a car loan for a Hyundai Tucson 2023 in KSA, you typically need to provide proof of income, identification documents, and a good credit history.

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

A car loan can impact your credit score positively if you make timely payments; however, missed payments can negatively affect your score.

What factors influence the interest rates on car loans in KSA?

Interest rates on car loans in KSA are influenced by factors such as your credit score, the loan amount, the loan term, and the lender's policies.

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

Before applying for a car loan, consider your budget, the total cost of the loan, your ability to make monthly payments, and the loan terms offered.

Is it better to get a loan from a bank or a dealership for purchasing the Hyundai Tucson?

It depends on the terms offered; banks may provide better interest rates, while dealerships might offer promotions or incentives. It's important to compare both options.

CarteaCar Loan Calculator

Hyundai Tucson 2023 2.0L Premium (AWD) Car Loan Calculator in KSA

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

Monthly Payment

SAR 9,402

Down Payment

SAR 27,900

Total Cost

SAR 140,724

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 9,402	SAR 103,422
2	SAR 9,402	SAR 94,020
3	SAR 9,402	SAR 84,618
4	SAR 9,402	SAR 75,216
5	SAR 9,402	SAR 65,814
6	SAR 9,402	SAR 56,412
7	SAR 9,402	SAR 47,010
8	SAR 9,402	SAR 37,608
9	SAR 9,402	SAR 28,206
10	SAR 9,402	SAR 18,804
11	SAR 9,402	SAR 9,402
12	SAR 9,402	SAR 0

Monthly Payment Composition

Interest: 102

Principal: 9300

Hyundai Tucson 2023 2.0L Premium (AWD) Car Loan Calculator FAQs in KSA

To obtain a car loan for a Hyundai Tucson 2023 in KSA, you typically need to provide proof of income, identification documents, and a good credit history.
A car loan can impact your credit score positively if you make timely payments; however, missed payments can negatively affect your score.
Interest rates on car loans in KSA are influenced by factors such as your credit score, the loan amount, the loan term, and the lender's policies.
Before applying for a car loan, consider your budget, the total cost of the loan, your ability to make monthly payments, and the loan terms offered.
It depends on the terms offered; banks may provide better interest rates, while dealerships might offer promotions or incentives. It's important to compare both options.