What are the requirements for obtaining a car loan for a 2018 Toyota Coaster 4.2L (23-Seater) in KSA?

To obtain a car loan for a 2018 Toyota Coaster in KSA, you generally need to provide proof of income, a valid ID, residency proof, and the vehicle's registration details.

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 missing payments can lower your score.

What should I consider before applying for a car loan in KSA?

Consider your budget, the total cost of the loan, interest rates, loan terms, and your ability to make monthly payments before applying.

What factors influence the interest rate for a car loan in KSA?

Factors include your credit score, the loan amount, the loan term, and the bank's policies.

Can I negotiate the terms of my car loan for a Toyota Coaster in KSA?

Yes, many banks allow for negotiation on interest rates and loan terms based on your financial profile.

CarteaCar Loan Calculator

Toyota Coaster 2018 4.2L (23-Seater) Car Loan Calculator in KSA

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

Monthly Payment

SAR 14,335

Down Payment

SAR 42,540

Total Cost

SAR 214,560

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 14,335	SAR 157,685
2	SAR 14,335	SAR 143,350
3	SAR 14,335	SAR 129,015
4	SAR 14,335	SAR 114,680
5	SAR 14,335	SAR 100,345
6	SAR 14,335	SAR 86,010
7	SAR 14,335	SAR 71,675
8	SAR 14,335	SAR 57,340
9	SAR 14,335	SAR 43,005
10	SAR 14,335	SAR 28,670
11	SAR 14,335	SAR 14,335
12	SAR 14,335	SAR 0

Monthly Payment Composition

Interest: 155

Principal: 14180

Toyota Coaster 2018 4.2L (23-Seater) Car Loan Calculator FAQs in KSA

To obtain a car loan for a 2018 Toyota Coaster in KSA, you generally need to provide proof of income, a valid ID, residency proof, and the vehicle's registration details.
Taking a car loan can impact your credit score positively if you make timely payments, but missing payments can lower your score.
Consider your budget, the total cost of the loan, interest rates, loan terms, and your ability to make monthly payments before applying.
Factors include your credit score, the loan amount, the loan term, and the bank's policies.
Yes, many banks allow for negotiation on interest rates and loan terms based on your financial profile.