What are the financing options available for purchasing a Toyota Hiace 2020 2.8L Van High Roof M/T in KSA?

In KSA, you can choose from various financing options including bank loans, dealership financing, and leasing. Each option has different terms and interest rates.

How does taking a loan for a Toyota Hiace affect my credit score?

Taking a loan can impact your credit score positively if you make timely payments. However, missing payments or defaulting can negatively affect your score.

What should I be aware of when applying for a car loan in KSA?

Be aware of your credit score, the interest rates offered, loan terms, and any additional fees. It's also important to read the fine print of the loan agreement.

What factors can affect the interest rates on my auto loan?

Factors affecting interest rates include your credit score, the loan amount, the term length, and current market conditions.

What documents do I need to provide when applying for a car loan?

Typically, you will need to provide your ID, proof of income, bank statements, and information about the vehicle you wish to purchase.

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Toyota Hiace 2020 2.8L Van High Roof M/T Car Loan Calculator in KSA

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

Monthly Payment

SAR 7,197

Down Payment

SAR 21,359

Total Cost

SAR 107,723

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 7,197	SAR 79,167
2	SAR 7,197	SAR 71,970
3	SAR 7,197	SAR 64,773
4	SAR 7,197	SAR 57,576
5	SAR 7,197	SAR 50,379
6	SAR 7,197	SAR 43,182
7	SAR 7,197	SAR 35,985
8	SAR 7,197	SAR 28,788
9	SAR 7,197	SAR 21,591
10	SAR 7,197	SAR 14,394
11	SAR 7,197	SAR 7,197
12	SAR 7,197	SAR 0

Monthly Payment Composition

Interest: 78

Principal: 7119

Toyota Hiace 2020 2.8L Van High Roof M/T Car Loan Calculator FAQs in KSA

In KSA, you can choose from various financing options including bank loans, dealership financing, and leasing. Each option has different terms and interest rates.
Taking a loan can impact your credit score positively if you make timely payments. However, missing payments or defaulting can negatively affect your score.
Be aware of your credit score, the interest rates offered, loan terms, and any additional fees. It's also important to read the fine print of the loan agreement.
Factors affecting interest rates include your credit score, the loan amount, the term length, and current market conditions.
Typically, you will need to provide your ID, proof of income, bank statements, and information about the vehicle you wish to purchase.