What are the loan requirements for purchasing a Peugeot 301 2019 1.6L Allure (6 AT) in Oman?

To purchase a Peugeot 301 2019 1.6L Allure (6 AT) in Oman, you typically need to provide proof of income, identification documents, and credit history.

How does taking a loan affect my credit score in Oman?

Taking a loan can affect your credit score positively or negatively depending on your repayment behavior. Timely payments can improve your score, while missed payments may harm it.

What factors influence the interest rate for a car loan in Oman?

Factors that influence the interest rate include your credit score, loan amount, loan term, and the bank's current lending policies.

Is it better to get a loan from a bank or a dealership for the Peugeot 301?

It depends on the terms and interest rates offered. Banks may offer lower rates, while dealerships may have special promotions. Comparing both options is advisable.

What should I consider before applying for a car loan in Oman?

Consider your budget, monthly repayment capacity, loan terms, and any additional fees associated with the loan before applying.

CarteaCar Loan Calculator

Peugeot 301 2019 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 2019 1.6L Allure (6 AT) Car Loan Calculator FAQs in Oman

To purchase a Peugeot 301 2019 1.6L Allure (6 AT) in Oman, you typically need to provide proof of income, identification documents, and credit history.
Taking a loan can affect your credit score positively or negatively depending on your repayment behavior. Timely payments can improve your score, while missed payments may harm it.
Factors that influence the interest rate include your credit score, loan amount, loan term, and the bank's current lending policies.
It depends on the terms and interest rates offered. Banks may offer lower rates, while dealerships may have special promotions. Comparing both options is advisable.
Consider your budget, monthly repayment capacity, loan terms, and any additional fees associated with the loan before applying.