Alfa Romeo Tonale 2024 Veloce Car Loan Calculator in OMAN

To qualify for a car loan, you typically need to be at least 21 years old, have a stable income, a good credit history, and provide necessary documentation such as ID and proof of residence.

You will need to provide a copy of your ID, proof of income (like salary slips), bank statements, and possibly a credit report.

Yes, applying for a car loan can affect your credit score. Lenders will perform a credit check which may cause a temporary dip in your score, but timely repayments can improve it.

Factors that can influence the interest rate include your credit score, the loan amount, the loan term, and the lender's policies.

Be cautious about the total cost of the loan, including interest rates and fees. Ensure you can afford the monthly payments and understand the terms of the loan agreement.