What are the eligibility criteria for obtaining a car loan for the 911 Dakar 3.0L (475 HP) Coupe in the UAE?

To be eligible for a car loan in the UAE, you typically need to be at least 21 years old, have a stable income, provide proof of residency, and have a good credit score.

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

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

What is the typical interest rate for a car loan in the UAE?

The typical interest rate for a car loan in the UAE ranges from 3% to 5%, depending on the bank and the borrower's credit profile.

What documents are required to apply for a car loan for the 911 Dakar?

Common documents required include your Emirates ID, salary certificate, bank statements, and proof of residency.

What factors can influence the exchange rate for a car loan in the UAE?

Factors influencing exchange rates include economic stability, interest rates, inflation, and geopolitical events.

CarteaCar Loan Calculator

911 Dakar 3.0L (475 HP) Coupe Car Loan Calculator in UAE

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

Monthly Payment

AED 58,637

Down Payment

AED 174,020

Total Cost

AED 877,664

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 58,637	AED 645,007
2	AED 58,637	AED 586,370
3	AED 58,637	AED 527,733
4	AED 58,637	AED 469,096
5	AED 58,637	AED 410,459
6	AED 58,637	AED 351,822
7	AED 58,637	AED 293,185
8	AED 58,637	AED 234,548
9	AED 58,637	AED 175,911
10	AED 58,637	AED 117,274
11	AED 58,637	AED 58,637
12	AED 58,637	AED 0

Monthly Payment Composition

Interest: 631

Principal: 58006

911 Dakar 3.0L (475 HP) Coupe Car Loan Calculator FAQs in UAE

To be eligible for a car loan in the UAE, you typically need to be at least 21 years old, have a stable income, provide proof of residency, and have a good credit score.
Taking a car loan can affect your credit score positively if you make timely payments. However, missed payments can negatively impact your score.
The typical interest rate for a car loan in the UAE ranges from 3% to 5%, depending on the bank and the borrower's credit profile.
Common documents required include your Emirates ID, salary certificate, bank statements, and proof of residency.
Factors influencing exchange rates include economic stability, interest rates, inflation, and geopolitical events.