What are the loan options available for purchasing a Changan Eado 2019 1.6L Elite in Bahrain?

In Bahrain, you can find various auto loan options from different banks, typically ranging from 2 to 5 years with interest rates between 3% to 6%.

How do I apply for a car loan for the Changan Eado 2019 1.6L Elite?

To apply for a car loan, you need to visit a bank or financial institution, provide necessary documents such as ID, salary slips, and the vehicle's invoice.

Will taking a car loan affect my credit score?

Yes, taking a car loan can affect your credit score. Timely payments can improve it, while missed payments can lower it.

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

Be aware of the interest rates, repayment terms, and any additional fees or insurance requirements associated with the loan.

What factors can affect the loan interest rates for a car loan?

Factors include your credit score, the loan amount, the loan term, and the prevailing economic conditions in Bahrain.

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Changan Eado 2019 1.6L Elite Car Loan Calculator in BAHRAIN

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

Monthly Payment

BHD 304

Down Payment

BHD 900

Total Cost

BHD 4,548

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	BHD 304	BHD 3,344
2	BHD 304	BHD 3,040
3	BHD 304	BHD 2,736
4	BHD 304	BHD 2,432
5	BHD 304	BHD 2,128
6	BHD 304	BHD 1,824
7	BHD 304	BHD 1,520
8	BHD 304	BHD 1,216
9	BHD 304	BHD 912
10	BHD 304	BHD 608
11	BHD 304	BHD 304
12	BHD 304	BHD 0

Monthly Payment Composition

Interest: 4

Principal: 300

Changan Eado 2019 1.6L Elite Car Loan Calculator FAQs in Bahrain

In Bahrain, you can find various auto loan options from different banks, typically ranging from 2 to 5 years with interest rates between 3% to 6%.
To apply for a car loan, you need to visit a bank or financial institution, provide necessary documents such as ID, salary slips, and the vehicle's invoice.
Yes, taking a car loan can affect your credit score. Timely payments can improve it, while missed payments can lower it.
Be aware of the interest rates, repayment terms, and any additional fees or insurance requirements associated with the loan.
Factors include your credit score, the loan amount, the loan term, and the prevailing economic conditions in Bahrain.