Kia Sorento 2023 3.5L EX2 (AWD) Car Loan Calculator in KSA

The car loan process generally involves selecting the vehicle, applying for a loan through a bank or financial institution, providing required documents, and then signing the loan agreement after approval.

Yes, taking out a car loan can affect your credit score. It may improve your score if you make timely payments, but missing payments can harm your credit rating.

Consider your monthly budget, interest rates, loan terms, your credit score, and the total cost of the vehicle including insurance and maintenance.

Factors include your credit score, the loan amount, the loan term, the age of the vehicle, and current market conditions.

Yes, refinancing is possible if you find a better interest rate or want to change the loan terms. However, it's important to consider any fees associated with refinancing.