What are the terms and conditions for obtaining a loan for a Toyota Hilux 2023 2.4L GL M/T Diesel (4x2) in Egypt?

The terms typically include a minimum down payment, interest rates ranging from 10% to 15%, and a repayment period of 3 to 7 years.

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

Taking a car loan can improve your credit score if you make timely payments, but late payments can negatively affect it.

You will need your ID, proof of income, bank statements, and details about the vehicle.

Yes, there may be processing fees, insurance fees, and early repayment penalties.

Factors include your credit score, the loan amount, repayment term, and current market rates.

CarteaCar Loan Calculator

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

Total Car Price-

Down PaymentEGP 165,000

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	EGP 661,101	EGP 0

The terms typically include a minimum down payment, interest rates ranging from 10% to 15%, and a repayment period of 3 to 7 years.
Taking a car loan can improve your credit score if you make timely payments, but late payments can negatively affect it.
You will need your ID, proof of income, bank statements, and details about the vehicle.
Yes, there may be processing fees, insurance fees, and early repayment penalties.
Factors include your credit score, the loan amount, repayment term, and current market rates.