What are the financing options available for purchasing the Kia Cerato 2023 2.0L LX in KSA?

There are various financing options including bank loans, dealership financing, and personal loans. It's essential to compare interest rates and terms to find the best option.

How can I apply for a car loan for the Kia Cerato 2023 2.0L LX?

You can apply for a car loan by visiting a bank or financial institution, or through the dealership where you are purchasing the car. Make sure to have your identification and income documents ready.

Will taking out a loan for the Kia Cerato affect my credit score?

Yes, taking out a loan can impact your credit score initially due to the hard inquiry. However, if you make timely payments, it can improve your credit score over time.

What should I consider when choosing a loan for the Kia Cerato?

Consider the interest rate, loan term, monthly payments, and any additional fees. It's also important to read the fine print and understand the terms and conditions.

What factors can affect the loan interest rates for the Kia Cerato?

Interest rates can be affected by your credit score, loan amount, loan term, and the current economic environment. Additionally, if you have a stable income, you may receive a lower rate.

CarteaCar Loan Calculator

Kia Cerato 2023 2.0L LX Car Loan Calculator in KSA

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

Monthly Payment

SAR 6,123

Down Payment

SAR 18,170

Total Cost

SAR 91,646

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 6,123	SAR 67,353
2	SAR 6,123	SAR 61,230
3	SAR 6,123	SAR 55,107
4	SAR 6,123	SAR 48,984
5	SAR 6,123	SAR 42,861
6	SAR 6,123	SAR 36,738
7	SAR 6,123	SAR 30,615
8	SAR 6,123	SAR 24,492
9	SAR 6,123	SAR 18,369
10	SAR 6,123	SAR 12,246
11	SAR 6,123	SAR 6,123
12	SAR 6,123	SAR 0

Monthly Payment Composition

Interest: 67

Principal: 6056

Kia Cerato 2023 2.0L LX Car Loan Calculator FAQs in KSA

There are various financing options including bank loans, dealership financing, and personal loans. It's essential to compare interest rates and terms to find the best option.
You can apply for a car loan by visiting a bank or financial institution, or through the dealership where you are purchasing the car. Make sure to have your identification and income documents ready.
Yes, taking out a loan can impact your credit score initially due to the hard inquiry. However, if you make timely payments, it can improve your credit score over time.
Consider the interest rate, loan term, monthly payments, and any additional fees. It's also important to read the fine print and understand the terms and conditions.
Interest rates can be affected by your credit score, loan amount, loan term, and the current economic environment. Additionally, if you have a stable income, you may receive a lower rate.