What are the eligibility criteria for obtaining a loan for the Toyota Coaster 2018 2.7L SWB (20-Seater) in KSA?

The eligibility criteria typically include being a Saudi national or a resident, having a stable income, and a good credit history. Some banks may require a minimum salary threshold.

How can I apply for a car loan for the Toyota Coaster in KSA?

You can apply for a car loan by visiting a bank branch, or through their online banking platform. You will need to provide your identification, proof of income, and vehicle details.

Will taking a loan for the Toyota Coaster affect my credit score?

Yes, taking a loan can affect your credit score. It may improve your score if you make timely payments, but late payments can negatively impact it.

What factors should I consider before applying for a car loan?

You should consider your financial situation, loan terms, interest rates, and the total cost of the vehicle, including insurance and maintenance.

What affects the interest rate on my car loan?

Factors include your credit score, the loan amount, the loan term, and the prevailing market rates. A higher credit score usually leads to better rates.

CarteaCar Loan Calculator

Toyota Coaster 2018 2.7L SWB (20-Seater) Car Loan Calculator in KSA

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

Monthly Payment

SAR 12,542

Down Payment

SAR 37,220

Total Cost

SAR 187,724

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 12,542	SAR 137,962
2	SAR 12,542	SAR 125,420
3	SAR 12,542	SAR 112,878
4	SAR 12,542	SAR 100,336
5	SAR 12,542	SAR 87,794
6	SAR 12,542	SAR 75,252
7	SAR 12,542	SAR 62,710
8	SAR 12,542	SAR 50,168
9	SAR 12,542	SAR 37,626
10	SAR 12,542	SAR 25,084
11	SAR 12,542	SAR 12,542
12	SAR 12,542	SAR 0

Monthly Payment Composition

Interest: 136

Principal: 12406

Toyota Coaster 2018 2.7L SWB (20-Seater) Car Loan Calculator FAQs in KSA

The eligibility criteria typically include being a Saudi national or a resident, having a stable income, and a good credit history. Some banks may require a minimum salary threshold.
You can apply for a car loan by visiting a bank branch, or through their online banking platform. You will need to provide your identification, proof of income, and vehicle details.
Yes, taking a loan can affect your credit score. It may improve your score if you make timely payments, but late payments can negatively impact it.
You should consider your financial situation, loan terms, interest rates, and the total cost of the vehicle, including insurance and maintenance.
Factors include your credit score, the loan amount, the loan term, and the prevailing market rates. A higher credit score usually leads to better rates.