Toyota Hilux 2024 2.7L GLX M/T (4x4) Long Car Loan Calculator in KSA

The car loan process typically involves applying for a loan through a bank or financial institution, providing necessary documentation, and getting approval based on your credit score and financial history.

Yes, taking a car loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments may lower it.

Important factors include the interest rate, loan term, monthly payment amount, and any fees associated with the loan.

Factors that can affect interest rates include the central bank's policy, inflation rates, your credit score, and the overall economic conditions.

Some lenders may impose prepayment penalties if you pay off your loan early. It's important to check the terms of your loan agreement.