What are the available car loan options for the Kia Sorento 2023 3.5L EX2 (AWD) in Qatar?

In Qatar, you can avail of various car loan options through banks and financial institutions, typically ranging from 3 to 7 years with interest rates varying between 4% to 7%.

How can I apply for a car loan for the Kia Sorento 2023 in Qatar?

You can apply for a car loan by visiting a bank or financial institution in Qatar, submitting the required documents including your identification, salary certificate, and vehicle details.

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

Yes, taking a car loan will affect your credit score as it involves a credit inquiry and repayment history, which lenders report to credit bureaus.

What should I be aware of when taking a car loan for the Kia Sorento 2023?

Be aware of the total cost of the loan including interest rates, any additional fees, and ensure you can comfortably manage monthly payments.

What factors can influence the loan interest rate for the Kia Sorento 2023 in Qatar?

Factors influencing loan interest rates include your credit score, the loan amount, loan tenure, and the bank's current lending policies.

CarteaCar Loan Calculator

Kia Sorento 2023 3.5L EX2 (AWD) Car Loan Calculator in QATAR

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

Monthly Payment

QAR 10,581

Down Payment

QAR 31,400

Total Cost

QAR 158,372

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	QAR 10,581	QAR 116,391
2	QAR 10,581	QAR 105,810
3	QAR 10,581	QAR 95,229
4	QAR 10,581	QAR 84,648
5	QAR 10,581	QAR 74,067
6	QAR 10,581	QAR 63,486
7	QAR 10,581	QAR 52,905
8	QAR 10,581	QAR 42,324
9	QAR 10,581	QAR 31,743
10	QAR 10,581	QAR 21,162
11	QAR 10,581	QAR 10,581
12	QAR 10,581	QAR 0

Monthly Payment Composition

Interest: 115

Principal: 10466

Kia Sorento 2023 3.5L EX2 (AWD) Car Loan Calculator FAQs in Qatar

In Qatar, you can avail of various car loan options through banks and financial institutions, typically ranging from 3 to 7 years with interest rates varying between 4% to 7%.
You can apply for a car loan by visiting a bank or financial institution in Qatar, submitting the required documents including your identification, salary certificate, and vehicle details.
Yes, taking a car loan will affect your credit score as it involves a credit inquiry and repayment history, which lenders report to credit bureaus.
Be aware of the total cost of the loan including interest rates, any additional fees, and ensure you can comfortably manage monthly payments.
Factors influencing loan interest rates include your credit score, the loan amount, loan tenure, and the bank's current lending policies.