What are the financing options available for purchasing the Peugeot 208 1.2T Active Plus in UAE?

There are several financing options available including bank loans, dealership financing, and personal loans. Each option has different interest rates and terms.

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

Taking a car loan can impact your credit score positively if you make timely payments, but missing payments can negatively affect your score.

What documents are required to apply for a car loan for the Peugeot 208 in UAE?

Typically, you will need proof of income, identification, residency proof, and details about the vehicle you wish to purchase.

What factors can affect the interest rate on my car loan in UAE?

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

Are there any hidden fees associated with car loans in UAE?

Yes, some loans may have processing fees, early repayment fees, or insurance requirements. It is important to read the loan agreement carefully.

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208 1.2T Active Plus Car Loan Calculator in UAE

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

Calculation Of Loans

Total Car PriceAED 66,900

Down PaymentAED 13,380

Monthly PaymentAED 4,509
Total CostAED 67,488
Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment Schedule	Monthly Payment	Remaining Amount
1	AED 4,509	AED 49,599
2	AED 4,509	AED 45,090
3	AED 4,509	AED 40,581
4	AED 4,509	AED 36,072
5	AED 4,509	AED 31,563
6	AED 4,509	AED 27,054
7	AED 4,509	AED 22,545
8	AED 4,509	AED 18,036
9	AED 4,509	AED 13,527
10	AED 4,509	AED 9,018
11	AED 4,509	AED 4,509
12	AED 4,509	AED 0

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208 1.2T Active Plus Car Loan Calculator FAQs in UAE

There are several financing options available including bank loans, dealership financing, and personal loans. Each option has different interest rates and terms.
Taking a car loan can impact your credit score positively if you make timely payments, but missing payments can negatively affect your score.
Typically, you will need proof of income, identification, residency proof, and details about the vehicle you wish to purchase.
Factors include your credit score, the loan amount, the loan term, and current market interest rates.
Yes, some loans may have processing fees, early repayment fees, or insurance requirements. It is important to read the loan agreement carefully.