What is the process for obtaining a car loan for the 2008 1.6L Active+ (115HP) in the UAE?

To obtain a car loan for the 2008 1.6L Active+ (115HP) in the UAE, you need to choose a bank, submit an application, provide necessary documents such as ID, proof of income, and details of the car, and then wait for the bank's approval.

Will taking out a loan for the car affect my credit score?

Yes, taking out a loan can affect your credit score. If you make timely payments, it can positively impact your score, but missing payments can harm it.

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

Consider the interest rate, loan term, down payment, your monthly budget, and the bank's fees and charges when applying for a car loan.

How does the exchange rate affect my car loan?

The exchange rate can affect your loan if you are taking a loan in a foreign currency. Fluctuations in the exchange rate can increase or decrease your repayment amounts.

What documents do I need to apply for a car loan?

You typically need to provide a copy of your ID, proof of income, bank statements, and details about the car such as the purchase invoice.

CarteaCar Loan Calculator

2008 1.6L Active+ (115HP) Car Loan Calculator in UAE

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

Calculation Of Loans

Total Car Price-

Down PaymentAED 16,580

Monthly PaymentAED 66,431
Total CostAED 83,011
Loan Period1 Month

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 66,431	AED 0

Car Finance Recommendation

Our Partnered Bank

In-house Team
Low Interset Rate
High Approval Rate

2008 1.6L Active+ (115HP) Car Loan Calculator FAQs in UAE

To obtain a car loan for the 2008 1.6L Active+ (115HP) in the UAE, you need to choose a bank, submit an application, provide necessary documents such as ID, proof of income, and details of the car, and then wait for the bank's approval.
Yes, taking out a loan can affect your credit score. If you make timely payments, it can positively impact your score, but missing payments can harm it.
Consider the interest rate, loan term, down payment, your monthly budget, and the bank's fees and charges when applying for a car loan.
The exchange rate can affect your loan if you are taking a loan in a foreign currency. Fluctuations in the exchange rate can increase or decrease your repayment amounts.
You typically need to provide a copy of your ID, proof of income, bank statements, and details about the car such as the purchase invoice.