812 GTS 6.5L V12 Car Loan Calculator in UAE

The typical interest rate for a luxury car loan in the UAE can range from 3% to 7%, depending on the bank and your credit score.

You can apply for a car loan by visiting a bank branch, filling out an application form, and providing required documents such as your ID, proof of income, and bank statements.

Yes, taking out a loan can temporarily affect your credit score as it increases your debt-to-income ratio and involves a hard inquiry on your credit report.

You typically need to provide your Emirates ID, proof of income (such as salary slips), bank statements, and possibly a copy of the vehicle's purchase agreement.

Factors include your credit score, income level, existing debts, the bank's lending criteria, and the value of the car itself.