Peugeot 508 2024 1.6T Allure+ Car Loan Calculator in KSA

To be eligible for a car loan, you generally need to be a resident of KSA, have a stable income, a good credit score, and provide necessary documents such as identification and proof of income.

You can apply for a car loan by visiting a bank or financial institution, filling out a loan application form, and submitting the required documents.

Yes, taking out a car loan can affect your credit score. If you make payments on time, it can improve your score, but missing payments can have a negative impact.

Consider the interest rates, loan terms, your monthly budget, and any additional fees associated with the loan before making a decision.

Factors that can influence the interest rate include your credit score, the loan amount, the loan term, and the current market rates.