What is the car loan process for purchasing the Jetour X70 2023 1.5T Comfort in Egypt?

The loan process typically involves selecting a lender, submitting your financial documents, completing a loan application, and then awaiting approval before finalizing the purchase.

Will taking a car loan affect my credit score in Egypt?

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

What should I pay attention to when applying for a car loan?

Pay attention to the interest rates, loan terms, and any additional fees or charges that may apply.

What factors can affect the loan interest rate in Egypt?

Factors include your credit score, income level, the loan amount, and the lender's policies.

What are the eligibility criteria for obtaining a car loan in Egypt?

Eligibility criteria generally include being at least 21 years old, having a stable income, and a good credit history.

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Jetour X70 2023 1.5T Comfort Car Loan Calculator in EGYPT

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

Calculation Of Loans

Total Car PriceEGP 509,900

Down PaymentEGP 101,980

Monthly PaymentEGP 34,363
Total CostEGP 514,336
Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment Schedule	Monthly Payment	Remaining Amount
1	EGP 34,363	EGP 377,993
2	EGP 34,363	EGP 343,630
3	EGP 34,363	EGP 309,267
4	EGP 34,363	EGP 274,904
5	EGP 34,363	EGP 240,541
6	EGP 34,363	EGP 206,178
7	EGP 34,363	EGP 171,815
8	EGP 34,363	EGP 137,452
9	EGP 34,363	EGP 103,089
10	EGP 34,363	EGP 68,726
11	EGP 34,363	EGP 34,363
12	EGP 34,363	EGP 0

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Jetour X70 2023 1.5T Comfort Car Loan Calculator FAQs in Egypt

The loan process typically involves selecting a lender, submitting your financial documents, completing a loan application, and then awaiting approval before finalizing the purchase.
Yes, taking a car loan can impact your credit score. Timely payments can improve your score, while missed payments can lower it.
Pay attention to the interest rates, loan terms, and any additional fees or charges that may apply.
Factors include your credit score, income level, the loan amount, and the lender's policies.
Eligibility criteria generally include being at least 21 years old, having a stable income, and a good credit history.