Ford Territory 2023 1.8T Ecoboost Ambient Car Loan Calculator in OMAN

The car loan process typically involves selecting the vehicle, applying for the loan through a bank or financial institution, providing necessary documentation, and awaiting approval. Once approved, you can finalize the purchase.

Yes, applying for a car loan can temporarily impact your credit score due to the hard inquiry made by lenders. However, if you make timely payments, it can improve your score in the long run.

Consider the interest rate, loan term, monthly payments, total cost of borrowing, and your current financial situation. It's also important to compare offers from different lenders.

To improve your chances, ensure your credit score is in good standing, have a stable income, reduce existing debt, and provide a larger down payment if possible.

Common factors include your credit score, the loan amount, the loan term, economic conditions, and the lender's policies.