What are the loan options available for purchasing the Arrizo 3 1.5L Comfort in the UAE?

In the UAE, you can typically choose from various auto loans provided by banks and financial institutions, including fixed-rate loans, variable-rate loans, and financing options with different repayment terms.

How do I apply for a car loan for the Arrizo 3 1.5L Comfort?

To apply for a car loan in the UAE, you need to gather required documents like your Emirates ID, salary certificate, bank statements, and the details of the vehicle. Then, you can submit an application to your chosen bank or financial institution.

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 cautious about when applying for a car loan?

Be cautious about interest rates, hidden fees, and the total cost of the loan over time. Also, ensure that the monthly payments fit within your budget.

What factors can affect the loan interest rate for the Arrizo 3 1.5L Comfort?

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

CarteaCar Loan Calculator

Arrizo 3 1.5L Comfort Car Loan Calculator in UAE

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

Monthly Payment

AED 2,561

Down Payment

AED 7,600

Total Cost

AED 38,332

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 2,561	AED 28,171
2	AED 2,561	AED 25,610
3	AED 2,561	AED 23,049
4	AED 2,561	AED 20,488
5	AED 2,561	AED 17,927
6	AED 2,561	AED 15,366
7	AED 2,561	AED 12,805
8	AED 2,561	AED 10,244
9	AED 2,561	AED 7,683
10	AED 2,561	AED 5,122
11	AED 2,561	AED 2,561
12	AED 2,561	AED 0

Monthly Payment Composition

Interest: 28

Principal: 2533

Arrizo 3 1.5L Comfort Car Loan Calculator FAQs in UAE

In the UAE, you can typically choose from various auto loans provided by banks and financial institutions, including fixed-rate loans, variable-rate loans, and financing options with different repayment terms.
To apply for a car loan in the UAE, you need to gather required documents like your Emirates ID, salary certificate, bank statements, and the details of the vehicle. Then, you can submit an application to your chosen bank or financial institution.
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.
Be cautious about interest rates, hidden fees, and the total cost of the loan over time. Also, ensure that the monthly payments fit within your budget.
Factors that can affect the loan interest rate include your credit score, the loan term, the amount of down payment, and the lender's policies.