What are the requirements for obtaining a car loan for the Jetour X70 Plus 2024 1.6T Luxury in Egypt?

To obtain a car loan for the Jetour X70 Plus 2024, you typically need to provide identification, proof of income, and a down payment. Additionally, banks may require a credit check.

How does obtaining a car loan affect my credit score in Egypt?

Taking out a car loan can affect your credit score positively if you make timely payments. However, missing payments can lead to a decline in your credit score.

What factors should I consider when applying for a car loan in Egypt?

Consider the interest rate, loan term, monthly payments, and any additional fees when applying for a car loan. It's also important to compare offers from different banks.

What is the loan amount typically needed for financing the Jetour X70 Plus 2024?

The loan amount depends on the price of the Jetour X70 Plus 2024 and your down payment. Typically, you may need to finance around 70-80% of the vehicle's price.

What are the common interest rates for car loans in Egypt?

Common interest rates for car loans in Egypt can range from 10% to 20%, depending on the bank and the applicant's creditworthiness.

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Jetour X70 Plus 2024 1.6T Luxury (7 Seater) Car Loan Calculator in EGYPT

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

Monthly Payment

EGP 103,715

Down Payment

EGP 307,800

Total Cost

EGP 1,552,380

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	EGP 103,715	EGP 1,140,865
2	EGP 103,715	EGP 1,037,150
3	EGP 103,715	EGP 933,435
4	EGP 103,715	EGP 829,720
5	EGP 103,715	EGP 726,005
6	EGP 103,715	EGP 622,290
7	EGP 103,715	EGP 518,575
8	EGP 103,715	EGP 414,860
9	EGP 103,715	EGP 311,145
10	EGP 103,715	EGP 207,430
11	EGP 103,715	EGP 103,715
12	EGP 103,715	EGP 0

Monthly Payment Composition

Interest: 1115

Principal: 102600

Jetour X70 Plus 2024 1.6T Luxury (7 Seater) Car Loan Calculator FAQs in Egypt

To obtain a car loan for the Jetour X70 Plus 2024, you typically need to provide identification, proof of income, and a down payment. Additionally, banks may require a credit check.
Taking out a car loan can affect your credit score positively if you make timely payments. However, missing payments can lead to a decline in your credit score.
Consider the interest rate, loan term, monthly payments, and any additional fees when applying for a car loan. It's also important to compare offers from different banks.
The loan amount depends on the price of the Jetour X70 Plus 2024 and your down payment. Typically, you may need to finance around 70-80% of the vehicle's price.
Common interest rates for car loans in Egypt can range from 10% to 20%, depending on the bank and the applicant's creditworthiness.