What are the loan options available for purchasing a Toyota Hilux 2018 2.7L Double Cab GLX M/T (4x4) in Oman?

In Oman, you can choose between various loan options such as conventional auto loans, Islamic financing, and personal loans specifically designed for vehicle purchases.

How can I apply for a car loan to purchase the Toyota Hilux?

You can apply for a car loan by visiting your preferred bank's branch, filling out an application form, and providing necessary documents such as proof of income, identification, and vehicle details.

Will taking a car loan affect my credit score?

Yes, taking a car loan can affect your credit score as it will be recorded as a new debt. Timely payments can improve your score, while missed payments can harm it.

What should I pay attention to when applying for a car loan?

Pay attention to the interest rates, loan tenure, processing fees, and any hidden charges. Make sure to read the terms and conditions carefully.

What factors can affect the loan interest rates?

Factors affecting loan interest rates include your credit score, the loan amount, loan tenure, and prevailing economic conditions.

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Toyota Hilux 2018 2.7L Double Cab GLX M/T (4x4) Car Loan Calculator in OMAN

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

Monthly Payment

OMR 627

Down Payment

OMR 1,860

Total Cost

OMR 9,384

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	OMR 627	OMR 6,897
2	OMR 627	OMR 6,270
3	OMR 627	OMR 5,643
4	OMR 627	OMR 5,016
5	OMR 627	OMR 4,389
6	OMR 627	OMR 3,762
7	OMR 627	OMR 3,135
8	OMR 627	OMR 2,508
9	OMR 627	OMR 1,881
10	OMR 627	OMR 1,254
11	OMR 627	OMR 627
12	OMR 627	OMR 0

Monthly Payment Composition

Interest: 7

Principal: 620

Toyota Hilux 2018 2.7L Double Cab GLX M/T (4x4) Car Loan Calculator FAQs in Oman

In Oman, you can choose between various loan options such as conventional auto loans, Islamic financing, and personal loans specifically designed for vehicle purchases.
You can apply for a car loan by visiting your preferred bank's branch, filling out an application form, and providing necessary documents such as proof of income, identification, and vehicle details.
Yes, taking a car loan can affect your credit score as it will be recorded as a new debt. Timely payments can improve your score, while missed payments can harm it.
Pay attention to the interest rates, loan tenure, processing fees, and any hidden charges. Make sure to read the terms and conditions carefully.
Factors affecting loan interest rates include your credit score, the loan amount, loan tenure, and prevailing economic conditions.