What is the car loan process for purchasing a Peugeot 2008 2019 1.6L Active in Oman?

The car loan process typically involves choosing a bank, submitting necessary documents, and filling out a loan application. After approval, the bank disburses the loan amount directly to the dealership.

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

Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.

What should I consider before applying for a car loan for Peugeot 2008 2019 1.6L Active?

You should consider your budget, the interest rates offered by different banks, the loan tenure, and any additional fees involved.

What are the factors that can affect the loan interest rates in Oman?

Factors include the central bank's interest rate, the borrower's credit profile, the loan amount, and the term of the loan.

Are there any hidden charges associated with car loans in Oman?

Yes, there may be hidden charges such as processing fees, insurance, and early repayment penalties. It's important to clarify these with the bank before applying.

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Peugeot 2008 2019 1.6L Active Car Loan Calculator in OMAN

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

Monthly Payment

OMR 513

Down Payment

OMR 1,520

Total Cost

OMR 7,676

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	OMR 513	OMR 5,643
2	OMR 513	OMR 5,130
3	OMR 513	OMR 4,617
4	OMR 513	OMR 4,104
5	OMR 513	OMR 3,591
6	OMR 513	OMR 3,078
7	OMR 513	OMR 2,565
8	OMR 513	OMR 2,052
9	OMR 513	OMR 1,539
10	OMR 513	OMR 1,026
11	OMR 513	OMR 513
12	OMR 513	OMR 0

Monthly Payment Composition

Interest: 7

Principal: 506

Peugeot 2008 2019 1.6L Active Car Loan Calculator FAQs in Oman

The car loan process typically involves choosing a bank, submitting necessary documents, and filling out a loan application. After approval, the bank disburses the loan amount directly to the dealership.
Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.
You should consider your budget, the interest rates offered by different banks, the loan tenure, and any additional fees involved.
Factors include the central bank's interest rate, the borrower's credit profile, the loan amount, and the term of the loan.
Yes, there may be hidden charges such as processing fees, insurance, and early repayment penalties. It's important to clarify these with the bank before applying.