What are the requirements for obtaining a car loan for the JAC S3 2023 1.6L Luxury in Oman?

To obtain a car loan for the JAC S3 2023 1.6L Luxury in Oman, you generally need to provide proof of income, valid identification, residency proof, and details of the vehicle.

How does taking a loan for the JAC S3 2023 1.6L Luxury affect my credit score?

Taking a car loan can impact your credit score positively if you make timely payments, but missed payments could negatively affect it.

What factors should I consider before applying for a car loan for the JAC S3 2023 1.6L Luxury?

Consider your budget, the interest rates offered, the loan terms, and any additional fees before applying for a car loan.

What is the typical interest rate for a car loan in Oman for the JAC S3 2023 1.6L Luxury?

The typical interest rate for a car loan in Oman can range from 4% to 7%, depending on the bank and your credit profile.

What documents do I need to provide when applying for a car loan for the JAC S3 2023 1.6L Luxury?

You typically need to provide a copy of your ID, proof of income, bank statements, and the vehicle's purchase agreement.

CarteaCar Loan Calculator

JAC S3 2023 1.6L Luxury Car Loan Calculator in OMAN

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

Monthly Payment

OMR 398

Down Payment

OMR 1,180

Total Cost

OMR 5,956

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	OMR 398	OMR 4,378
2	OMR 398	OMR 3,980
3	OMR 398	OMR 3,582
4	OMR 398	OMR 3,184
5	OMR 398	OMR 2,786
6	OMR 398	OMR 2,388
7	OMR 398	OMR 1,990
8	OMR 398	OMR 1,592
9	OMR 398	OMR 1,194
10	OMR 398	OMR 796
11	OMR 398	OMR 398
12	OMR 398	OMR 0

Monthly Payment Composition

Interest: 5

Principal: 393

JAC S3 2023 1.6L Luxury Car Loan Calculator FAQs in Oman

To obtain a car loan for the JAC S3 2023 1.6L Luxury in Oman, you generally need to provide proof of income, valid identification, residency proof, and details of the vehicle.
Taking a car loan can impact your credit score positively if you make timely payments, but missed payments could negatively affect it.
Consider your budget, the interest rates offered, the loan terms, and any additional fees before applying for a car loan.
The typical interest rate for a car loan in Oman can range from 4% to 7%, depending on the bank and your credit profile.
You typically need to provide a copy of your ID, proof of income, bank statements, and the vehicle's purchase agreement.