What is the car loan for the Kia Sportage 2023 1.6T-GDI LX2 (AWD) in KSA?

The car loan for the Kia Sportage 2023 typically covers a percentage of the vehicle's price, and terms vary by bank including interest rates and repayment periods.

How can I apply for a car loan for the Kia Sportage?

You can apply for a car loan through your bank by providing necessary documents such as proof of income, credit history, and vehicle details.

Does taking a car loan affect my credit score?

Yes, taking a car loan can affect your credit score positively or negatively depending on your repayment behavior.

What should I pay attention to when taking a car loan?

Pay attention to the interest rates, loan terms, hidden fees, and your ability to make monthly payments.

What factors influence the car loan interest rates?

Factors include your credit score, loan amount, loan term, and the bank's policies.

CarteaCar Loan Calculator

Kia Sportage 2023 1.6T-GDI LX2 (AWD) Car Loan Calculator in KSA

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

Monthly Payment

SAR 7,836

Down Payment

SAR 23,253

Total Cost

SAR 117,285

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 7,836	SAR 86,196
2	SAR 7,836	SAR 78,360
3	SAR 7,836	SAR 70,524
4	SAR 7,836	SAR 62,688
5	SAR 7,836	SAR 54,852
6	SAR 7,836	SAR 47,016
7	SAR 7,836	SAR 39,180
8	SAR 7,836	SAR 31,344
9	SAR 7,836	SAR 23,508
10	SAR 7,836	SAR 15,672
11	SAR 7,836	SAR 7,836
12	SAR 7,836	SAR 0

Monthly Payment Composition

Interest: 85

Principal: 7751

Kia Sportage 2023 1.6T-GDI LX2 (AWD) Car Loan Calculator FAQs in KSA

The car loan for the Kia Sportage 2023 typically covers a percentage of the vehicle's price, and terms vary by bank including interest rates and repayment periods.
You can apply for a car loan through your bank by providing necessary documents such as proof of income, credit history, and vehicle details.
Yes, taking a car loan can affect your credit score positively or negatively depending on your repayment behavior.
Pay attention to the interest rates, loan terms, hidden fees, and your ability to make monthly payments.
Factors include your credit score, loan amount, loan term, and the bank's policies.