What are the financing options available for purchasing a Rolls Royce Phantom 2018 in Bahrain?

In Bahrain, you can choose from various financing options such as bank loans, dealership financing, and personal loans. It's advisable to compare interest rates and terms before making a decision.

How does taking a loan for a Rolls Royce Phantom affect my credit score in Bahrain?

Taking a loan can impact your credit score positively or negatively, depending on your repayment history. Timely payments can enhance your score, while missed payments can damage it.

What documents are required to apply for a car loan in Bahrain for a Rolls Royce?

To apply for a car loan, you typically need to provide your ID, proof of income, bank statements, and details about the vehicle you intend to purchase.

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

Factors that can affect your car loan interest rate include your credit score, the amount of the loan, the loan term, and current market conditions.

Are there any specific fees associated with obtaining a car loan for a Rolls Royce Phantom in Bahrain?

Yes, there may be processing fees, administrative fees, and possibly early repayment penalties. It's important to read the loan agreement carefully to understand all potential fees.

CarteaCar Loan Calculator

Rolls Royce Phantom 2018 6.75L Drophead Coupe Car Loan Calculator in BAHRAIN

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

Monthly Payment

BHD 13,950

Down Payment

BHD 41,400

Total Cost

BHD 208,800

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	BHD 13,950	BHD 153,450
2	BHD 13,950	BHD 139,500
3	BHD 13,950	BHD 125,550
4	BHD 13,950	BHD 111,600
5	BHD 13,950	BHD 97,650
6	BHD 13,950	BHD 83,700
7	BHD 13,950	BHD 69,750
8	BHD 13,950	BHD 55,800
9	BHD 13,950	BHD 41,850
10	BHD 13,950	BHD 27,900
11	BHD 13,950	BHD 13,950
12	BHD 13,950	BHD 0

Monthly Payment Composition

Interest: 150

Principal: 13800

Rolls Royce Phantom 2018 6.75L Drophead Coupe Car Loan Calculator FAQs in Bahrain

In Bahrain, you can choose from various financing options such as bank loans, dealership financing, and personal loans. It's advisable to compare interest rates and terms before making a decision.
Taking a loan can impact your credit score positively or negatively, depending on your repayment history. Timely payments can enhance your score, while missed payments can damage it.
To apply for a car loan, you typically need to provide your ID, proof of income, bank statements, and details about the vehicle you intend to purchase.
Factors that can affect your car loan interest rate include your credit score, the amount of the loan, the loan term, and current market conditions.
Yes, there may be processing fees, administrative fees, and possibly early repayment penalties. It's important to read the loan agreement carefully to understand all potential fees.