Ferrari 296 GTS 2024 3.0T V6 PHEV Car Loan Calculator in EGYPT

To be eligible for a car loan in Egypt, you typically need to be at least 21 years old, have a steady income, and provide necessary documents such as ID, proof of income, and bank statements.

Taking out a loan can initially lower your credit score due to the hard inquiry, but if you make timely payments, it can improve your credit score over time.

Consider the total cost of the loan including interest rates, the loan term, your monthly budget, and any additional fees associated with the loan.

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

Yes, you can refinance your car loan later to take advantage of lower interest rates or to adjust your monthly payments.