What is the car loan process for purchasing a Nissan Sunny 2022 1.6L SV in Qatar?

The car loan process in Qatar typically involves choosing a bank, submitting your income documents, filling out a loan application, and then waiting for approval. After approval, you will sign the loan agreement and the bank will disburse the funds directly to the dealership.

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

Yes, taking a car loan can impact your credit score. If you make timely payments, it can improve your score, but missed payments can lead to a decrease in your score.

What factors can affect the interest rate on my car loan in Qatar?

Factors that can affect your car loan interest rate include your credit history, the loan amount, the duration of the loan, and the bank's policies.

What documents do I need to apply for a car loan for a Nissan Sunny in Qatar?

You will typically need to provide proof of income, a copy of your ID, residency documents, and details about the car you wish to purchase.

Are there any additional fees I should be aware of when taking a car loan in Qatar?

Yes, you may encounter additional fees such as processing fees, registration fees, and insurance costs, which should be factored into your total loan amount.

CarteaCar Loan Calculator

Nissan Sunny 2022 1.6L SV Car Loan Calculator in QATAR

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

Monthly Payment

QAR 4,111

Down Payment

QAR 12,200

Total Cost

QAR 61,532

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	QAR 4,111	QAR 45,221
2	QAR 4,111	QAR 41,110
3	QAR 4,111	QAR 36,999
4	QAR 4,111	QAR 32,888
5	QAR 4,111	QAR 28,777
6	QAR 4,111	QAR 24,666
7	QAR 4,111	QAR 20,555
8	QAR 4,111	QAR 16,444
9	QAR 4,111	QAR 12,333
10	QAR 4,111	QAR 8,222
11	QAR 4,111	QAR 4,111
12	QAR 4,111	QAR 0

Monthly Payment Composition

Interest: 45

Principal: 4066

Nissan Sunny 2022 1.6L SV Car Loan Calculator FAQs in Qatar

The car loan process in Qatar typically involves choosing a bank, submitting your income documents, filling out a loan application, and then waiting for approval. After approval, you will sign the loan agreement and the bank will disburse the funds directly to the dealership.
Yes, taking a car loan can impact your credit score. If you make timely payments, it can improve your score, but missed payments can lead to a decrease in your score.
Factors that can affect your car loan interest rate include your credit history, the loan amount, the duration of the loan, and the bank's policies.
You will typically need to provide proof of income, a copy of your ID, residency documents, and details about the car you wish to purchase.
Yes, you may encounter additional fees such as processing fees, registration fees, and insurance costs, which should be factored into your total loan amount.