What is the car loan for the 2024 model in UAE?

A car loan for the 2024 model in UAE is a financial product that allows you to borrow money to purchase a 2024 vehicle, which you will repay over a specified term with interest.

How can I apply for a car loan for the 2024 model?

You can apply for a car loan by visiting a bank or financial institution, filling out an application form, providing necessary documents like ID, income proof, and vehicle details.

Will taking a car loan affect my credit score?

Yes, taking a car loan can impact your credit score. Timely payments can improve it, while missed payments can lower it.

What should I be aware of when taking a car loan?

You should be aware of the interest rates, loan terms, any additional fees, and the total cost of the loan, including insurance and maintenance.

What factors affect the interest rate on my car loan?

Factors that affect the interest rate include your credit score, loan amount, loan term, and the lender's policies.

CarteaCar Loan Calculator

T01 Adventurer Car Loan Calculator in UAE

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

Calculation Of Loans

Total Car PriceAED 115,000

Down PaymentAED 23,000

Monthly PaymentAED 7,750
Total CostAED 116,000
Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment Schedule	Monthly Payment	Remaining Amount
1	AED 7,750	AED 85,250
2	AED 7,750	AED 77,500
3	AED 7,750	AED 69,750
4	AED 7,750	AED 62,000
5	AED 7,750	AED 54,250
6	AED 7,750	AED 46,500
7	AED 7,750	AED 38,750
8	AED 7,750	AED 31,000
9	AED 7,750	AED 23,250
10	AED 7,750	AED 15,500
11	AED 7,750	AED 7,750
12	AED 7,750	AED 0

Car Finance Recommendation

Our Partnered Bank

In-house Team
Low Interset Rate
High Approval Rate

T01 Adventurer Car Loan Calculator FAQs in UAE

A car loan for the 2024 model in UAE is a financial product that allows you to borrow money to purchase a 2024 vehicle, which you will repay over a specified term with interest.
You can apply for a car loan by visiting a bank or financial institution, filling out an application form, providing necessary documents like ID, income proof, and vehicle details.
Yes, taking a car loan can impact your credit score. Timely payments can improve it, while missed payments can lower it.
You should be aware of the interest rates, loan terms, any additional fees, and the total cost of the loan, including insurance and maintenance.
Factors that affect the interest rate include your credit score, loan amount, loan term, and the lender's policies.