What is the car loan process for purchasing a Jetour X70 2020 1.5T base in Oman?

The car loan process typically involves applying through a bank or financial institution, providing necessary documentation, and waiting for approval before finalizing the purchase.

Does taking a loan for the Jetour X70 affect my credit score?

Yes, taking a loan can impact your credit score. Timely payments can improve it, while missed payments can harm it.

What should I be aware of when applying for a car loan?

Be aware of the interest rates, loan terms, and any additional fees. Also, check your credit score beforehand.

What factors affect the interest rates for a car loan in Oman?

Factors include your credit score, the loan amount, the loan term, and the bank's policies.

Is it better to get a loan from a bank or a dealership for the Jetour X70?

It depends on the interest rates and terms offered by both. Banks may offer lower rates, while dealerships may have more flexible terms.

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Jetour X70 2020 1.5T base Car Loan Calculator in OMAN

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

Monthly Payment

OMR 492

Down Payment

OMR 1,460

Total Cost

OMR 7,364

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	OMR 492	OMR 5,412
2	OMR 492	OMR 4,920
3	OMR 492	OMR 4,428
4	OMR 492	OMR 3,936
5	OMR 492	OMR 3,444
6	OMR 492	OMR 2,952
7	OMR 492	OMR 2,460
8	OMR 492	OMR 1,968
9	OMR 492	OMR 1,476
10	OMR 492	OMR 984
11	OMR 492	OMR 492
12	OMR 492	OMR 0

Monthly Payment Composition

Interest: 6

Principal: 486

Jetour X70 2020 1.5T base Car Loan Calculator FAQs in Oman

The car loan process typically involves applying through a bank or financial institution, providing necessary documentation, and waiting for approval before finalizing the purchase.
Yes, taking a loan can impact your credit score. Timely payments can improve it, while missed payments can harm it.
Be aware of the interest rates, loan terms, and any additional fees. Also, check your credit score beforehand.
Factors include your credit score, the loan amount, the loan term, and the bank's policies.
It depends on the interest rates and terms offered by both. Banks may offer lower rates, while dealerships may have more flexible terms.