What are the terms and conditions for getting a car loan for the Kia K8 2024 3.5L GDI EX Full in KSA?

The terms and conditions typically include a down payment requirement, interest rates, loan tenure, and eligibility criteria such as income verification and credit score.

How do I apply for a car loan for the Kia K8 2024 in KSA?

You can apply for a car loan through banks, financial institutions, or directly at the dealership. Required documents usually include your ID, proof of income, and credit history.

Does 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 harm it.

What should I consider before taking a car loan for the Kia K8 2024?

Consider your budget, the total cost of the loan including interest, your ability to make monthly payments, and any additional fees involved.

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

Factors include your credit score, the loan amount, the loan term, and the current economic conditions in KSA.

CarteaCar Loan Calculator

Kia K8 2024 3.5L GDI EX Full Car Loan Calculator in KSA

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

Monthly Payment

SAR 13,270

Down Payment

SAR 39,381

Total Cost

SAR 198,621

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 13,270	SAR 145,970
2	SAR 13,270	SAR 132,700
3	SAR 13,270	SAR 119,430
4	SAR 13,270	SAR 106,160
5	SAR 13,270	SAR 92,890
6	SAR 13,270	SAR 79,620
7	SAR 13,270	SAR 66,350
8	SAR 13,270	SAR 53,080
9	SAR 13,270	SAR 39,810
10	SAR 13,270	SAR 26,540
11	SAR 13,270	SAR 13,270
12	SAR 13,270	SAR 0

Monthly Payment Composition

Interest: 144

Principal: 13126

Kia K8 2024 3.5L GDI EX Full Car Loan Calculator FAQs in KSA

The terms and conditions typically include a down payment requirement, interest rates, loan tenure, and eligibility criteria such as income verification and credit score.
You can apply for a car loan through banks, financial institutions, or directly at the dealership. Required documents usually include your ID, proof of income, and credit history.
Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can harm it.
Consider your budget, the total cost of the loan including interest, your ability to make monthly payments, and any additional fees involved.
Factors include your credit score, the loan amount, the loan term, and the current economic conditions in KSA.