What are the requirements to apply for a car loan for a Toyota Land Cruiser 2021 4.5L GXR1 Diesel in Saudi Arabia?

To apply for a car loan, you typically need a valid ID, proof of income, bank statements, and details about the vehicle.

How does taking out a loan affect my credit score in Saudi Arabia?

Taking out a loan can impact your credit score positively if you make payments on time, but missed payments can have a negative effect.

Factors include your credit score, the loan amount, repayment period, and current market rates.

The typical loan term ranges from 3 to 5 years, but some lenders may offer longer terms.

Yes, additional fees may include processing fees, insurance requirements, and early repayment penalties.

CarteaCar Loan Calculator

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

SAR 13,834

SAR 41,055

SAR 207,063

Interest: 150

Principal: 13684

To apply for a car loan, you typically need a valid ID, proof of income, bank statements, and details about the vehicle.
Taking out a loan can impact your credit score positively if you make payments on time, but missed payments can have a negative effect.
Factors include your credit score, the loan amount, repayment period, and current market rates.
The typical loan term ranges from 3 to 5 years, but some lenders may offer longer terms.
Yes, additional fees may include processing fees, insurance requirements, and early repayment penalties.