What is the car loan process for purchasing a Nissan Sunny 2019 1.5L Base in Egypt?

The car loan process typically involves selecting the vehicle, applying for a loan through a bank or financial institution, providing necessary documentation, and then signing the loan agreement after approval.

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

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

What should I be aware of when applying for a car loan in Egypt?

You should be aware of the interest rates, loan terms, down payment requirements, and any additional fees associated with the loan.

What factors can influence car loan interest rates in Egypt?

Factors that can influence interest rates include your credit score, the loan amount, the length of the loan, and the current economic conditions.

Are there any specific requirements to secure a car loan for a Nissan Sunny 2019 in Egypt?

Yes, requirements typically include proof of income, identification documents, and a good credit history.

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Nissan Sunny 2019 1.5L Base Car Loan Calculator in EGYPT

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

Monthly Payment

EGP 15,029

Down Payment

EGP 44,600

Total Cost

EGP 224,948

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	EGP 15,029	EGP 165,319
2	EGP 15,029	EGP 150,290
3	EGP 15,029	EGP 135,261
4	EGP 15,029	EGP 120,232
5	EGP 15,029	EGP 105,203
6	EGP 15,029	EGP 90,174
7	EGP 15,029	EGP 75,145
8	EGP 15,029	EGP 60,116
9	EGP 15,029	EGP 45,087
10	EGP 15,029	EGP 30,058
11	EGP 15,029	EGP 15,029
12	EGP 15,029	EGP 0

Monthly Payment Composition

Interest: 163

Principal: 14866

Nissan Sunny 2019 1.5L Base Car Loan Calculator FAQs in Egypt

The car loan process typically involves selecting the vehicle, applying for a loan through a bank or financial institution, providing necessary documentation, and then signing the loan agreement after approval.
Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can harm it.
You should be aware of the interest rates, loan terms, down payment requirements, and any additional fees associated with the loan.
Factors that can influence interest rates include your credit score, the loan amount, the length of the loan, and the current economic conditions.
Yes, requirements typically include proof of income, identification documents, and a good credit history.