Car loan

tabby
By tabby

Hi, I would like to ask you guys out there regarding buying a car in Qatar. Can anyone tell me how difficult/easy it is to apply for a car loan? What is the interest rate and the cost for insurring it?
What sort of car can I expect to buy (brand new if possible) with around QR2000 in monthly payment?

I noticed lots of cars for sale on this w/site and they generally have very high milleage, do people tend to drive long distances in Qatar?

Any advice is much appreciated. Thanks in advance.

By divakar3• 17 Mar 2009 17:45
Rating: 4/5
divakar3

Please call Doha bank call centre at 4456000.

They finance used cars up tp 4 years old, interest rate 5.25%,repayment period up to 4 years any brand other than chinese make.

By Enigma• 17 Mar 2009 16:33
Enigma

I suggest you to buy brandnew SUV Car. that will save alot in the qatar road. (That the realthing).

with your 2000 monthly budget.its will cover for your monthly instalment for one SUV. just goto any brand car you like. then the sales person will do all the rest. include registration and paperwork with the bank.

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