What is the car loan process for purchasing a 001 Premium AWD in UAE?

The car loan process typically involves submitting a loan application, providing necessary documents, and awaiting approval from the bank. It usually takes a few days to a week.

Will taking a loan for the 001 Premium AWD affect my credit score?

Yes, taking a loan can impact your credit score as it adds a new credit account. Responsible repayment can improve your score over time.

What should I be aware of when applying for a car loan for the 001 Premium AWD?

You should check the interest rates, loan terms, and any additional fees. It's also important to understand your repayment capacity.

What factors can influence the interest rate on my car loan?

Factors include your credit score, the loan amount, the length of the loan term, and the lender's policies.

Are there any special promotions or offers for financing the 001 Premium AWD?

Many banks offer promotional rates or deals for new car loans. It's best to check with various banks for current offers.

CarteaCar Loan Calculator

001 Premium AWD Car Loan Calculator in UAE

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

Calculation Of Loans

Total Car PriceAED 259,900

Down PaymentAED 51,980

Monthly PaymentAED 17,515
Total CostAED 262,160
Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment Schedule	Monthly Payment	Remaining Amount
1	AED 17,515	AED 192,665
2	AED 17,515	AED 175,150
3	AED 17,515	AED 157,635
4	AED 17,515	AED 140,120
5	AED 17,515	AED 122,605
6	AED 17,515	AED 105,090
7	AED 17,515	AED 87,575
8	AED 17,515	AED 70,060
9	AED 17,515	AED 52,545
10	AED 17,515	AED 35,030
11	AED 17,515	AED 17,515
12	AED 17,515	AED 0

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001 Premium AWD Car Loan Calculator FAQs in UAE

The car loan process typically involves submitting a loan application, providing necessary documents, and awaiting approval from the bank. It usually takes a few days to a week.
Yes, taking a loan can impact your credit score as it adds a new credit account. Responsible repayment can improve your score over time.
You should check the interest rates, loan terms, and any additional fees. It's also important to understand your repayment capacity.
Factors include your credit score, the loan amount, the length of the loan term, and the lender's policies.
Many banks offer promotional rates or deals for new car loans. It's best to check with various banks for current offers.