What are the financing options available for the Honda Accord 2024 1.5T LX in Oman?

In Oman, you can choose between traditional bank loans, leasing options, and financing through Honda dealerships. Each option has different terms and interest rates.

How can I apply for a car loan for the Honda Accord 2024 1.5T LX?

You can apply for a car loan by visiting a bank or financial institution, filling out an application form, and providing necessary documents such as your ID, income proof, and vehicle details.

Will taking a car loan affect my credit score in Oman?

Yes, taking a car loan can impact your credit score. If you make timely payments, it can improve your score. However, missing payments will negatively affect it.

What should I be aware of when taking a car loan?

Be aware of the interest rates, loan terms, any hidden fees, and your ability to repay the loan. It’s also important to review the total cost of the loan over time.

What factors affect the interest rate on a car loan in Oman?

Factors that affect the interest rate include your credit score, the loan amount, the loan duration, and the bank's current lending policies.

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Honda Accord 2024 1.5T LX Car Loan Calculator in OMAN

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

Monthly Payment

OMR 790

Down Payment

OMR 2,342

Total Cost

OMR 11,822

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	OMR 790	OMR 8,690
2	OMR 790	OMR 7,900
3	OMR 790	OMR 7,110
4	OMR 790	OMR 6,320
5	OMR 790	OMR 5,530
6	OMR 790	OMR 4,740
7	OMR 790	OMR 3,950
8	OMR 790	OMR 3,160
9	OMR 790	OMR 2,370
10	OMR 790	OMR 1,580
11	OMR 790	OMR 790
12	OMR 790	OMR 0

Monthly Payment Composition

Interest: 10

Principal: 780

Honda Accord 2024 1.5T LX Car Loan Calculator FAQs in Oman

In Oman, you can choose between traditional bank loans, leasing options, and financing through Honda dealerships. Each option has different terms and interest rates.
You can apply for a car loan by visiting a bank or financial institution, filling out an application form, and providing necessary documents such as your ID, income proof, and vehicle details.
Yes, taking a car loan can impact your credit score. If you make timely payments, it can improve your score. However, missing payments will negatively affect it.
Be aware of the interest rates, loan terms, any hidden fees, and your ability to repay the loan. It’s also important to review the total cost of the loan over time.
Factors that affect the interest rate include your credit score, the loan amount, the loan duration, and the bank's current lending policies.