What are the loan options available for buying a Toyota Hilux 2018 2.7L GL M/T (4x2) in KSA?

In KSA, you can choose from various banks offering auto loans with different interest rates, repayment terms, and eligibility criteria. Popular banks include Al Rajhi Bank, National Commercial Bank, and Riyad Bank.

How do I apply for a car loan for the Toyota Hilux in KSA?

To apply for a car loan, gather the necessary documents such as your ID, salary statement, and vehicle details. Then, visit your preferred bank or apply online through their website.

Will taking out a loan affect my credit score in KSA?

Yes, taking out a loan can affect your credit score. Timely payments can improve your score, while missed payments can harm it. It's important to manage your loan responsibly.

What should I be aware of before taking a car loan in KSA?

Before taking a loan, consider the interest rates, loan terms, any additional fees, and your ability to repay. Ensure you fully understand the terms of the loan agreement.

What factors influence the loan interest rates in KSA?

Loan interest rates in KSA can be influenced by the central bank's rates, inflation rates, your credit score, and the bank's policies. It's advisable to shop around for the best rates.

CarteaCar Loan Calculator

Toyota Hilux 2018 2.7L GL M/T (4x2) Short Car Loan Calculator in KSA

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

Monthly Payment

SAR 4,394

Down Payment

SAR 13,040

Total Cost

SAR 65,768

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 4,394	SAR 48,334
2	SAR 4,394	SAR 43,940
3	SAR 4,394	SAR 39,546
4	SAR 4,394	SAR 35,152
5	SAR 4,394	SAR 30,758
6	SAR 4,394	SAR 26,364
7	SAR 4,394	SAR 21,970
8	SAR 4,394	SAR 17,576
9	SAR 4,394	SAR 13,182
10	SAR 4,394	SAR 8,788
11	SAR 4,394	SAR 4,394
12	SAR 4,394	SAR 0

Monthly Payment Composition

Interest: 48

Principal: 4346

Toyota Hilux 2018 2.7L GL M/T (4x2) Short Car Loan Calculator FAQs in KSA

In KSA, you can choose from various banks offering auto loans with different interest rates, repayment terms, and eligibility criteria. Popular banks include Al Rajhi Bank, National Commercial Bank, and Riyad Bank.
To apply for a car loan, gather the necessary documents such as your ID, salary statement, and vehicle details. Then, visit your preferred bank or apply online through their website.
Yes, taking out a loan can affect your credit score. Timely payments can improve your score, while missed payments can harm it. It's important to manage your loan responsibly.
Before taking a loan, consider the interest rates, loan terms, any additional fees, and your ability to repay. Ensure you fully understand the terms of the loan agreement.
Loan interest rates in KSA can be influenced by the central bank's rates, inflation rates, your credit score, and the bank's policies. It's advisable to shop around for the best rates.