What are the key factors that affect the interest rate for a car loan in Oman?

The key factors include your credit score, the loan amount, the loan term, and the bank's policies.

How can I apply for a car loan to purchase the Accord EXL 2024 in Oman?

You can apply through a local bank or financial institution, either online or by visiting their branch.

Yes, taking a car loan can impact your credit score positively or negatively, depending on your repayment behavior.

Consider the total cost of the loan, repayment terms, any additional fees, and your budget.

Typically, you will need your ID, proof of income, bank statements, and details of the car you wish to purchase.

CarteaCar Loan Calculator

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

OMR 998

OMR 2,960

OMR 14,936

Interest: 12

Principal: 986

The key factors include your credit score, the loan amount, the loan term, and the bank's policies.
You can apply through a local bank or financial institution, either online or by visiting their branch.
Yes, taking a car loan can impact your credit score positively or negatively, depending on your repayment behavior.
Consider the total cost of the loan, repayment terms, any additional fees, and your budget.
Typically, you will need your ID, proof of income, bank statements, and details of the car you wish to purchase.