What are the basic requirements for applying for a car loan for the Geely Tugella 2023 in Kuwait?

The basic requirements typically include proof of income, a valid ID, bank statements, and a good credit score.

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

Taking a car loan can affect your credit score. Timely payments can improve it, while missed payments can lower it.

The typical interest rate for car loans in Kuwait can range from 3% to 6%, depending on the bank and your credit profile.

Factors include your income, credit score, existing debts, and the value of the vehicle.

Pay attention to the interest rate, repayment terms, any hidden fees, and the total cost of the loan.

CarteaCar Loan Calculator

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

Total Car Price-

Down PaymentKWD 1,700

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	KWD 6,811	KWD 0

The basic requirements typically include proof of income, a valid ID, bank statements, and a good credit score.
Taking a car loan can affect your credit score. Timely payments can improve it, while missed payments can lower it.
The typical interest rate for car loans in Kuwait can range from 3% to 6%, depending on the bank and your credit profile.
Factors include your income, credit score, existing debts, and the value of the vehicle.
Pay attention to the interest rate, repayment terms, any hidden fees, and the total cost of the loan.