What are the loan options available for purchasing a Peugeot 301 2018 1.6L Allure in Oman?

In Oman, you can choose between conventional auto loans, Islamic auto financing, and personal loans to purchase a Peugeot 301 2018 1.6L Allure. Check with local banks for specific terms.

How do I apply for a car loan for the Peugeot 301 2018 1.6L Allure?

To apply for a car loan, you need to visit a bank or financial institution, provide necessary documents such as your ID, income proof, and details of the vehicle, then fill out the loan application form.

Will taking a car loan affect my credit score?

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

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

Be aware of the interest rates, loan term, monthly repayments, and any additional fees such as insurance and processing fees before finalizing the loan.

What factors influence the interest rates on car loans in Oman?

Factors include your credit score, the loan amount, the loan term, and current market conditions. Banks may also have different rates for new versus used cars.

CarteaCar Loan Calculator

Peugeot 301 2018 1.6L Allure (6 AT) Car Loan Calculator in OMAN

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

Monthly Payment

OMR 405

Down Payment

OMR 1,200

Total Cost

OMR 6,060

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	OMR 405	OMR 4,455
2	OMR 405	OMR 4,050
3	OMR 405	OMR 3,645
4	OMR 405	OMR 3,240
5	OMR 405	OMR 2,835
6	OMR 405	OMR 2,430
7	OMR 405	OMR 2,025
8	OMR 405	OMR 1,620
9	OMR 405	OMR 1,215
10	OMR 405	OMR 810
11	OMR 405	OMR 405
12	OMR 405	OMR 0

Monthly Payment Composition

Interest: 5

Principal: 400

Peugeot 301 2018 1.6L Allure (6 AT) Car Loan Calculator FAQs in Oman

In Oman, you can choose between conventional auto loans, Islamic auto financing, and personal loans to purchase a Peugeot 301 2018 1.6L Allure. Check with local banks for specific terms.
To apply for a car loan, you need to visit a bank or financial institution, provide necessary documents such as your ID, income proof, and details of the vehicle, then fill out the loan application form.
Yes, taking a car loan can affect your credit score. Timely repayments can improve your score, while missed payments can lower it.
Be aware of the interest rates, loan term, monthly repayments, and any additional fees such as insurance and processing fees before finalizing the loan.
Factors include your credit score, the loan amount, the loan term, and current market conditions. Banks may also have different rates for new versus used cars.