What are the requirements for applying for a car loan for a Suzuki Jimny 2021 1.5L M/T in KSA?

Typically, you will need to provide proof of income, identification documents, and a good credit score to apply for a car loan.

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

Taking out a car loan can impact your credit score positively if you make timely payments, but late payments can hurt it.

Consider the interest rates, loan tenure, and any additional fees associated with the loan.

Interest rates can be affected by your credit score, the loan amount, and the overall market conditions.

The typical loan amount can range from 80% to 100% of the vehicle's total price, depending on your financial situation.

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

SAR 6,193

SAR 18,377

SAR 92,693

Interest: 68

Principal: 6125

Typically, you will need to provide proof of income, identification documents, and a good credit score to apply for a car loan.
Taking out a car loan can impact your credit score positively if you make timely payments, but late payments can hurt it.
Consider the interest rates, loan tenure, and any additional fees associated with the loan.
Interest rates can be affected by your credit score, the loan amount, and the overall market conditions.
The typical loan amount can range from 80% to 100% of the vehicle's total price, depending on your financial situation.