What are the loan options available for purchasing a Nissan Kicks 2020 1.6 SL in Qatar?

In Qatar, you can choose between various loan options such as fixed-rate loans, variable-rate loans, and balloon loans, depending on the bank.

How do I apply for a car loan for the Nissan Kicks 2020 1.6 SL?

You can apply for a car loan by visiting a bank branch, filling out an application form, and providing necessary documents such as your ID, salary certificate, and proof of residency.

Will taking a car loan affect my credit score?

Yes, taking a car loan can affect your credit score. If you make timely payments, it can improve your score, but late payments can have a negative impact.

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

Be aware of the interest rates, loan terms, hidden fees, and your ability to repay the loan on time.

What factors can affect the loan interest rate for a Nissan Kicks 2020 1.6 SL?

Factors that can affect the loan interest rate include your credit score, the loan amount, loan term, and the bank's current rates.

CarteaCar Loan Calculator

Nissan Kicks 2020 1.6 SL Car Loan Calculator in QATAR

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

Monthly Payment

QAR 5,594

Down Payment

QAR 16,600

Total Cost

QAR 83,728

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	QAR 5,594	QAR 61,534
2	QAR 5,594	QAR 55,940
3	QAR 5,594	QAR 50,346
4	QAR 5,594	QAR 44,752
5	QAR 5,594	QAR 39,158
6	QAR 5,594	QAR 33,564
7	QAR 5,594	QAR 27,970
8	QAR 5,594	QAR 22,376
9	QAR 5,594	QAR 16,782
10	QAR 5,594	QAR 11,188
11	QAR 5,594	QAR 5,594
12	QAR 5,594	QAR 0

Monthly Payment Composition

Interest: 61

Principal: 5533

Nissan Kicks 2020 1.6 SL Car Loan Calculator FAQs in Qatar

In Qatar, you can choose between various loan options such as fixed-rate loans, variable-rate loans, and balloon loans, depending on the bank.
You can apply for a car loan by visiting a bank branch, filling out an application form, and providing necessary documents such as your ID, salary certificate, and proof of residency.
Yes, taking a car loan can affect your credit score. If you make timely payments, it can improve your score, but late payments can have a negative impact.
Be aware of the interest rates, loan terms, hidden fees, and your ability to repay the loan on time.
Factors that can affect the loan interest rate include your credit score, the loan amount, loan term, and the bank's current rates.