Hi any idea, how much a brand new 1st end car will cost me and if i am taking a loan, how much i have to pay per month to the bank?
m planning 2 buy either Honda CRV or Nissan Murano.
No, you can change jobs within qatar, your new company will provide a letter so you can keep the loan at repayment agreed originally.
I am leaving Qatar soon and am going to transfer the bank loan I have for my car to the next buyer as long as they are eligable for the loan. You can do this no problem.
Car loan rates are usually "Flat" the average/normal bank rates are between 4.5 to 6% (promos excluded) So if you are buying a car (eg. CRV - QAR.100,000/-) on a 5 year loan @ 5%; add 2.5% - 3% Processing fee + 25% interest + first year insurance say 5% ... your total to pay bank is 100,000+2500+25000+5000 i.e., 132,000 therefore monthly instalment would be 132,000/60 = QAR.2,208/- and it could vary slightly depending on the grace period you choose or bank offers for the first repayment. You can get the same terms from car dealer's inhouse financing (if bankloan doesnt work) but the rate could be 7.5-8.5%
Better spare only one hour of your schedule and visit any Show Room, you will sure come to know the latest prices and they will guide you for the bank installments also.
Qatar's winter months are brimming with unmissable experiences, from the AFC Asian Cup 2023 to the World Aquatics Championships Doha 2024 and a variety of outdoor adventures and cultural delights.
Fasten your seatbelts and get ready for a sweet escape into the world of budget-friendly Mango Sticky Rice that's sure to satisfy both your cravings and your budget!
Celebrate World Vegan Day with our list of vegan food outlets offering an array of delectable options, spanning from colorful salads to savory shawarma and indulgent desserts.
No, you can change jobs within qatar, your new company will provide a letter so you can keep the loan at repayment agreed originally.
I am leaving Qatar soon and am going to transfer the bank loan I have for my car to the next buyer as long as they are eligable for the loan. You can do this no problem.
I have a Toureg V8 if you are interested :)
thanks express for the info.... so just in case i am changing my job b4 5ys, do i need 2 pay the entire amount to the bank b4 joining a new company???
cant he just pickup a phone and call the relevant agencies and get the rates? That wouldnt take up much time isnt it?
Car loan rates are usually "Flat" the average/normal bank rates are between 4.5 to 6% (promos excluded) So if you are buying a car (eg. CRV - QAR.100,000/-) on a 5 year loan @ 5%; add 2.5% - 3% Processing fee + 25% interest + first year insurance say 5% ... your total to pay bank is 100,000+2500+25000+5000 i.e., 132,000 therefore monthly instalment would be 132,000/60 = QAR.2,208/- and it could vary slightly depending on the grace period you choose or bank offers for the first repayment. You can get the same terms from car dealer's inhouse financing (if bankloan doesnt work) but the rate could be 7.5-8.5%
Good luck
you have to pay atleast 10,000qr more if you buy car over loan.
the loan also depends on you salary. the bank will cut min. 1500qr per month and that also depends on how many years you want to pay loan, 3/5.
better contact with any showroom person.
Oh my, didn't think of that. Surely 2 hours is way too much time to spend on buying a car.
These are two different brands; does this mean hes going to have to go to both these showrooms? That'll be about two hours...to buy a car?
Did you ever consider visiting a showroom to know the prices?
Some people do that and they tell me it works.
Better spare only one hour of your schedule and visit any Show Room, you will sure come to know the latest prices and they will guide you for the bank installments also.