What are the financing options available for purchasing a Kia Sportage 2023 2.0L MPI LX (AWD) in KSA?

In KSA, you can choose from various financing options including conventional loans, Islamic financing, and leasing options specifically tailored for vehicles.

How does taking a car loan affect my credit score?

Taking a car loan can impact your credit score positively if you make timely payments, but missing payments can adversely affect your score.

What should I consider before applying for a car loan?

Consider your budget, interest rates, loan terms, down payment, and additional fees such as insurance and registration before applying.

What factors affect the interest rates for car loans in KSA?

Interest rates for car loans can be influenced by your credit score, the loan amount, the term length, and the lender’s policies.

Can I negotiate the terms of my car loan?

Yes, many lenders are open to negotiation regarding interest rates and terms, especially if you have a strong credit profile.

CarteaCar Loan Calculator

Kia Sportage 2023 2.0L MPI LX (AWD) Car Loan Calculator in KSA

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

Monthly Payment

SAR 6,906

Down Payment

SAR 20,493

Total Cost

SAR 103,365

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 6,906	SAR 75,966
2	SAR 6,906	SAR 69,060
3	SAR 6,906	SAR 62,154
4	SAR 6,906	SAR 55,248
5	SAR 6,906	SAR 48,342
6	SAR 6,906	SAR 41,436
7	SAR 6,906	SAR 34,530
8	SAR 6,906	SAR 27,624
9	SAR 6,906	SAR 20,718
10	SAR 6,906	SAR 13,812
11	SAR 6,906	SAR 6,906
12	SAR 6,906	SAR 0

Monthly Payment Composition

Interest: 75

Principal: 6831

Kia Sportage 2023 2.0L MPI LX (AWD) Car Loan Calculator FAQs in KSA

In KSA, you can choose from various financing options including conventional loans, Islamic financing, and leasing options specifically tailored for vehicles.
Taking a car loan can impact your credit score positively if you make timely payments, but missing payments can adversely affect your score.
Consider your budget, interest rates, loan terms, down payment, and additional fees such as insurance and registration before applying.
Interest rates for car loans can be influenced by your credit score, the loan amount, the term length, and the lender’s policies.
Yes, many lenders are open to negotiation regarding interest rates and terms, especially if you have a strong credit profile.