What is the car loan process for purchasing a Nissan Kicks 2018 1.6 SV in Qatar?

The car loan process generally involves selecting the vehicle, applying for a loan at a bank or finance company, providing necessary documents, and then completing the purchase once the loan is approved.

How does taking a car loan affect my credit score in Qatar?

Taking a car loan can affect your credit score positively if you make timely payments, but late payments or defaults can negatively impact your score.

What should I consider before applying for a car loan for a Nissan Kicks 2018?

Consider your budget, the interest rates offered by different banks, your credit history, and any additional fees that may apply.

What factors can influence the interest rate on a car loan in Qatar?

Factors include your credit score, the length of the loan, the total amount borrowed, and the lender's policies.

Are there any specific documents required to apply for a car loan in Qatar?

Yes, you typically need to provide a valid ID, proof of income, bank statements, and details of the vehicle you wish to purchase.

CarteaCar Loan Calculator

Nissan Kicks 2018 1.6 SV Car Loan Calculator in QATAR

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

Monthly Payment

QAR 4,617

Down Payment

QAR 13,700

Total Cost

QAR 69,104

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	QAR 4,617	QAR 50,787
2	QAR 4,617	QAR 46,170
3	QAR 4,617	QAR 41,553
4	QAR 4,617	QAR 36,936
5	QAR 4,617	QAR 32,319
6	QAR 4,617	QAR 27,702
7	QAR 4,617	QAR 23,085
8	QAR 4,617	QAR 18,468
9	QAR 4,617	QAR 13,851
10	QAR 4,617	QAR 9,234
11	QAR 4,617	QAR 4,617
12	QAR 4,617	QAR 0

Monthly Payment Composition

Interest: 51

Principal: 4566

Nissan Kicks 2018 1.6 SV Car Loan Calculator FAQs in Qatar

The car loan process generally involves selecting the vehicle, applying for a loan at a bank or finance company, providing necessary documents, and then completing the purchase once the loan is approved.
Taking a car loan can affect your credit score positively if you make timely payments, but late payments or defaults can negatively impact your score.
Consider your budget, the interest rates offered by different banks, your credit history, and any additional fees that may apply.
Factors include your credit score, the length of the loan, the total amount borrowed, and the lender's policies.
Yes, you typically need to provide a valid ID, proof of income, bank statements, and details of the vehicle you wish to purchase.