What are the financing options available for purchasing a Lincoln Aviator 2023 3.0T V6 Reserve in KSA?

In KSA, you can typically choose between bank financing, dealership financing, or personal loans. It's advisable to compare interest rates and terms to find the best option.

How does applying for a car loan affect my credit score in KSA?

When you apply for a car loan, the lender will perform a credit check which can result in a slight drop in your credit score. However, making timely payments can improve your score over time.

What should I consider before taking a car loan for the Lincoln Aviator?

Consider your budget, the total cost of the loan including interest, the loan term, and your ability to make monthly payments without straining your finances.

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

Factors include your credit score, loan amount, loan term, and the lender's policies. Generally, a higher credit score can help secure a lower interest rate.

Are there any prepayment penalties for car loans in KSA?

Some lenders may charge a prepayment penalty if you pay off your loan early. It's important to check the terms of your loan agreement for any such fees.

CarteaCar Loan Calculator

Lincoln Aviator 2023 3.0T V6 Reserve Car Loan Calculator in KSA

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

Monthly Payment

SAR 18,058

Down Payment

SAR 53,590

Total Cost

SAR 270,286

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 18,058	SAR 198,638
2	SAR 18,058	SAR 180,580
3	SAR 18,058	SAR 162,522
4	SAR 18,058	SAR 144,464
5	SAR 18,058	SAR 126,406
6	SAR 18,058	SAR 108,348
7	SAR 18,058	SAR 90,290
8	SAR 18,058	SAR 72,232
9	SAR 18,058	SAR 54,174
10	SAR 18,058	SAR 36,116
11	SAR 18,058	SAR 18,058
12	SAR 18,058	SAR 0

Monthly Payment Composition

Interest: 195

Principal: 17863

Lincoln Aviator 2023 3.0T V6 Reserve Car Loan Calculator FAQs in KSA

In KSA, you can typically choose between bank financing, dealership financing, or personal loans. It's advisable to compare interest rates and terms to find the best option.
When you apply for a car loan, the lender will perform a credit check which can result in a slight drop in your credit score. However, making timely payments can improve your score over time.
Consider your budget, the total cost of the loan including interest, the loan term, and your ability to make monthly payments without straining your finances.
Factors include your credit score, loan amount, loan term, and the lender's policies. Generally, a higher credit score can help secure a lower interest rate.
Some lenders may charge a prepayment penalty if you pay off your loan early. It's important to check the terms of your loan agreement for any such fees.