What are the financing options available for purchasing a Toyota Hiace 2021 3.5L high roof commuter (13 seater) in Qatar?

In Qatar, you can choose between bank loans, dealership financing, or personal loans to finance your Toyota Hiace. Each option has its own terms and interest rates.

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

A car loan can affect your credit score positively or negatively. Timely payments can improve your score, while missed payments can lower it.

What documents do I need to apply for a car loan for a Toyota Hiace in Qatar?

You typically need your ID, proof of income, bank statements, and details about the vehicle you wish to purchase.

What are the interest rates for car loans in Qatar?

Interest rates for car loans in Qatar vary depending on the lender and your credit history, generally ranging from 3% to 6%.

What factors can affect my car loan approval in Qatar?

Factors include your credit score, income level, existing debts, and the loan amount you are requesting.

CarteaCar Loan Calculator

Toyota Hiace 2021 3.5L high roof commuter (13 seater) Car Loan Calculator in QATAR

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

Monthly Payment

QAR 9,098

Down Payment

QAR 27,000

Total Cost

QAR 136,176

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	QAR 9,098	QAR 100,078
2	QAR 9,098	QAR 90,980
3	QAR 9,098	QAR 81,882
4	QAR 9,098	QAR 72,784
5	QAR 9,098	QAR 63,686
6	QAR 9,098	QAR 54,588
7	QAR 9,098	QAR 45,490
8	QAR 9,098	QAR 36,392
9	QAR 9,098	QAR 27,294
10	QAR 9,098	QAR 18,196
11	QAR 9,098	QAR 9,098
12	QAR 9,098	QAR 0

Monthly Payment Composition

Interest: 98

Principal: 9000

Toyota Hiace 2021 3.5L high roof commuter (13 seater) Car Loan Calculator FAQs in Qatar

In Qatar, you can choose between bank loans, dealership financing, or personal loans to finance your Toyota Hiace. Each option has its own terms and interest rates.
A car loan can affect your credit score positively or negatively. Timely payments can improve your score, while missed payments can lower it.
You typically need your ID, proof of income, bank statements, and details about the vehicle you wish to purchase.
Interest rates for car loans in Qatar vary depending on the lender and your credit history, generally ranging from 3% to 6%.
Factors include your credit score, income level, existing debts, and the loan amount you are requesting.