What is the loan process for purchasing a Toyota Hiace 2023 2.8L Van M/T DSL Swing in KSA?

To secure a loan for a Toyota Hiace 2023, you need to apply through a bank or financial institution, provide necessary documentation such as income proof, credit history, and the vehicle's details, and then wait for approval.

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

Yes, taking out a loan can impact your credit score as it increases your debt-to-income ratio and requires a credit inquiry, but timely repayments can improve your score over time.

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

When applying for a car loan, ensure you understand the interest rates, loan terms, any additional fees, and the total cost of the vehicle including insurance and maintenance.

What factors can influence the loan interest rates in KSA?

Factors influencing loan interest rates in KSA include the central bank's policy rates, inflation rates, the borrower's creditworthiness, and overall economic conditions.

What documents are required for a car loan application?

You typically need to provide identification, proof of income, employment verification, bank statements, and any other documents the lender might require.

CarteaCar Loan Calculator

Toyota Hiace 2023 2.8L Van M/T DSL Swing Car Loan Calculator in KSA

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

Calculation Of Loans

Total Car Price-

Down PaymentSAR 24,288

Monthly PaymentSAR 97,314
Total CostSAR 121,602
Loan Period1 Month

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 97,314	SAR 0

Car Finance Recommendation

Our Partnered Bank

In-house Team
Low Interset Rate
High Approval Rate

Toyota Hiace 2023 2.8L Van M/T DSL Swing Car Loan Calculator FAQs in KSA

To secure a loan for a Toyota Hiace 2023, you need to apply through a bank or financial institution, provide necessary documentation such as income proof, credit history, and the vehicle's details, and then wait for approval.
Yes, taking out a loan can impact your credit score as it increases your debt-to-income ratio and requires a credit inquiry, but timely repayments can improve your score over time.
When applying for a car loan, ensure you understand the interest rates, loan terms, any additional fees, and the total cost of the vehicle including insurance and maintenance.
Factors influencing loan interest rates in KSA include the central bank's policy rates, inflation rates, the borrower's creditworthiness, and overall economic conditions.
You typically need to provide identification, proof of income, employment verification, bank statements, and any other documents the lender might require.

Popular Cars in KSA

Toyota Hilux

SAR 53.4k ~ 197.5k

Toyota Land Cruiser

SAR 183.5k ~ 410.6k

Toyota Prado

SAR 204.1k ~ 284.6k

Toyota Land Cruiser Pick Up

SAR 118.0k ~ 182.8k

Toyota Fortuner

SAR 105.7k ~ 181.2k

Toyota RAV4

SAR 97.8k ~ 151.5k

Toyota Hiace

SAR 101.0k ~ 153.8k

Toyota Camry

SAR 86.0k ~ 149.5k

Toyota Highlander

SAR 143.5k ~ 203.3k

Toyota Corolla

SAR 74.6k ~ 119.8k

Toyota Corolla Cross

SAR 83.6k ~ 123.9k

Toyota Coaster

SAR 186.1k ~ 240.5k

Toyota Rush

SAR 60.5k ~ 712.8k

Toyota Grand Highlander

SAR 160.4k ~ 185.9k

Toyota Raize

SAR 60.2k ~ 73.7k

Toyota Granvia

SAR 201.3k ~ 209.3k

Toyota Veloz

SAR 80.7k ~ 82.7k

Toyota FJ Cruiser

SAR 130.3k ~ 182.8k

Toyota Yaris

SAR 47.9k ~ 75.7k

Toyota Crown

SAR 178.5k ~ 229.2k

Toyota Urban Cruiser

SAR 79.0k ~ 90.8k

Toyota CHR

SAR 101.7k

Toyota Avalon

SAR 120.9k ~ 175.6k

Toyota Innova

SAR 99.7k ~ 144.9k

Toyota Lite Ace

SAR 76.5k

Toyota Alphard

SAR 439.0k

Toyota GR86

SAR 132.9k

Toyota Avanza

SAR 65.8k ~ 97.5k

Toyota Land Cruiser 70

SAR 173.5k ~ 183.7k

Toyota Previa

SAR 184.5k ~ 199.5k

Toyota Supra

SAR 180.4k ~ 241.4k

Toyota Yaris Sedan

SAR 48.1k ~ 76.5k

Toyota Camry HEV

SAR 103.5k ~ 154.2k

Toyota Land Cruiser Hybrid

SAR 398.4k ~ 418.7k