What is a car loan for the 4 EV SE Standard in the UAE?

A car loan for the 4 EV SE Standard in the UAE is a financial product that allows you to borrow money to purchase this electric vehicle, which you will repay over time along with interest.

How can I apply for a car loan for the 4 EV SE Standard?

You can apply for a car loan for the 4 EV SE Standard by visiting a bank or financial institution, providing necessary documents like your ID, proof of income, and selecting the loan amount and duration.

Will taking a car loan affect my credit score?

Yes, taking a car loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments can negatively impact it.

What should I be aware of when applying for a car loan?

When applying for a car loan, be aware of the interest rates, loan tenure, processing fees, and the total cost of the loan including insurance.

What factors influence the interest rate for my car loan?

Factors that influence the interest rate for your car loan include your credit score, the loan amount, the loan term, and the current market interest rates.

CarteaCar Loan Calculator

4 EV SE Standard Car Loan Calculator in UAE

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

Monthly Payment

AED 7,414

Down Payment

AED 22,000

Total Cost

AED 110,968

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 7,414	AED 81,554
2	AED 7,414	AED 74,140
3	AED 7,414	AED 66,726
4	AED 7,414	AED 59,312
5	AED 7,414	AED 51,898
6	AED 7,414	AED 44,484
7	AED 7,414	AED 37,070
8	AED 7,414	AED 29,656
9	AED 7,414	AED 22,242
10	AED 7,414	AED 14,828
11	AED 7,414	AED 7,414
12	AED 7,414	AED 0

Monthly Payment Composition

Interest: 81

Principal: 7333

4 EV SE Standard Car Loan Calculator FAQs in UAE

A car loan for the 4 EV SE Standard in the UAE is a financial product that allows you to borrow money to purchase this electric vehicle, which you will repay over time along with interest.
You can apply for a car loan for the 4 EV SE Standard by visiting a bank or financial institution, providing necessary documents like your ID, proof of income, and selecting the loan amount and duration.
Yes, taking a car loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments can negatively impact it.
When applying for a car loan, be aware of the interest rates, loan tenure, processing fees, and the total cost of the loan including insurance.
Factors that influence the interest rate for your car loan include your credit score, the loan amount, the loan term, and the current market interest rates.