What are the financing options available for purchasing the Mitsubishi ASX 2024 2.0L GLX (2WD) Mid Option in Bahrain?

In Bahrain, you can choose from various financing options such as traditional bank loans, leasing, or financing through the dealership. Each option has different terms and conditions.

Will taking a car loan for the Mitsubishi ASX affect my credit score?

Yes, taking a car loan can impact your credit score. Making timely payments can improve your score, while missed payments can lower it.

What should I consider before applying for a car loan in Bahrain?

Consider your monthly budget, the total cost of the loan, interest rates, loan terms, and your ability to make payments consistently.

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

Factors include your credit score, loan term, the lender's policies, and the current economic conditions.

How long does it typically take to get approved for a car loan in Bahrain?

Approval times can vary, but typically it takes between a few hours to a few days depending on the lender and your application details.

CarteaCar Loan Calculator

Mitsubishi ASX 2024 2.0L GLX (2WD) Mid Option Car Loan Calculator in BAHRAIN

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

Monthly Payment

BHD 533

Down Payment

BHD 1,580

Total Cost

BHD 7,976

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	BHD 533	BHD 5,863
2	BHD 533	BHD 5,330
3	BHD 533	BHD 4,797
4	BHD 533	BHD 4,264
5	BHD 533	BHD 3,731
6	BHD 533	BHD 3,198
7	BHD 533	BHD 2,665
8	BHD 533	BHD 2,132
9	BHD 533	BHD 1,599
10	BHD 533	BHD 1,066
11	BHD 533	BHD 533
12	BHD 533	BHD 0

Monthly Payment Composition

Interest: 7

Principal: 526

Mitsubishi ASX 2024 2.0L GLX (2WD) Mid Option Car Loan Calculator FAQs in Bahrain

In Bahrain, you can choose from various financing options such as traditional bank loans, leasing, or financing through the dealership. Each option has different terms and conditions.
Yes, taking a car loan can impact your credit score. Making timely payments can improve your score, while missed payments can lower it.
Consider your monthly budget, the total cost of the loan, interest rates, loan terms, and your ability to make payments consistently.
Factors include your credit score, loan term, the lender's policies, and the current economic conditions.
Approval times can vary, but typically it takes between a few hours to a few days depending on the lender and your application details.