What is the auto loan process for purchasing a Mitsubishi Attrage 2024 1.2 GLX LL in Oman?

The auto loan process typically involves selecting the vehicle, applying for the loan with required documents, getting approval from the bank, and finalizing the purchase.

Will taking an auto loan for the Mitsubishi Attrage 2024 affect my credit score?

Yes, taking an auto loan can affect your credit score positively or negatively, depending on your repayment history.

What factors should I consider when applying for an auto loan?

Consider your credit score, interest rates, loan terms, monthly payment amounts, and any additional fees.

What are the common interest rates for auto loans in Oman?

Interest rates for auto loans in Oman typically range from 3% to 7%, depending on the bank and your creditworthiness.

Are there any specific documents required for an auto loan application?

Yes, you will generally need to provide identification, proof of income, bank statements, and details of the vehicle.

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Mitsubishi Attrage 2024 1.2 GLX LL Car Loan Calculator in OMAN

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

Calculation Of Loans

Total Car PriceOMR 5,800

Down PaymentOMR 1,160

Monthly PaymentOMR 391
Total CostOMR 5,852
Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment Schedule	Monthly Payment	Remaining Amount
1	OMR 391	OMR 4,301
2	OMR 391	OMR 3,910
3	OMR 391	OMR 3,519
4	OMR 391	OMR 3,128
5	OMR 391	OMR 2,737
6	OMR 391	OMR 2,346
7	OMR 391	OMR 1,955
8	OMR 391	OMR 1,564
9	OMR 391	OMR 1,173
10	OMR 391	OMR 782
11	OMR 391	OMR 391
12	OMR 391	OMR 0

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Mitsubishi Attrage 2024 1.2 GLX LL Car Loan Calculator FAQs in Oman

The auto loan process typically involves selecting the vehicle, applying for the loan with required documents, getting approval from the bank, and finalizing the purchase.
Yes, taking an auto loan can affect your credit score positively or negatively, depending on your repayment history.
Consider your credit score, interest rates, loan terms, monthly payment amounts, and any additional fees.
Interest rates for auto loans in Oman typically range from 3% to 7%, depending on the bank and your creditworthiness.
Yes, you will generally need to provide identification, proof of income, bank statements, and details of the vehicle.