What are the common requirements for obtaining a car loan for the Suzuki Dzire 2020 1.2L GL in KSA?

Common requirements include proof of income, a valid ID, residency proof, and a good credit score.

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

Taking a car loan can impact your credit score positively if you make timely payments, but missed payments can harm your score.

Interest rates vary, but you can typically expect rates between 4% to 8% depending on the bank and your credit profile.

Factors include your income level, credit score, debt-to-income ratio, and the bank's lending policies.

Be cautious of hidden fees, the total cost of the loan, and ensure you understand the repayment terms before signing.

CarteaCar Loan Calculator

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

SAR 2,996

SAR 8,890

SAR 44,842

Interest: 33

Principal: 2963

Common requirements include proof of income, a valid ID, residency proof, and a good credit score.
Taking a car loan can impact your credit score positively if you make timely payments, but missed payments can harm your score.
Interest rates vary, but you can typically expect rates between 4% to 8% depending on the bank and your credit profile.
Factors include your income level, credit score, debt-to-income ratio, and the bank's lending policies.
Be cautious of hidden fees, the total cost of the loan, and ensure you understand the repayment terms before signing.