What are the financing options available for purchasing the Arrizo 5 1.5L (Luxury) in the UAE?

In the UAE, you can choose between bank loans, dealership financing, and personal loans to purchase the Arrizo 5 1.5L (Luxury). Each option has different terms and interest rates.

How do I apply for a car loan for the Arrizo 5 1.5L (Luxury) in the UAE?

You can apply for a car loan by visiting a bank or financial institution, providing necessary documents such as your ID, salary proof, and the car's details. You can also apply online.

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

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

What should I be aware of before taking a car loan for the Arrizo 5 1.5L (Luxury)?

Before taking a loan, check the interest rate, loan duration, any hidden fees, and ensure you can afford the monthly payments.

What factors can affect the interest rate of my car loan in the UAE?

Factors affecting the interest rate include your credit score, the loan amount, the loan duration, and the lender's policies.

CarteaCar Loan Calculator

Arrizo 5 1.5L (Luxury) 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 5 1.5L (Luxury) Car Loan Calculator FAQs in UAE

In the UAE, you can choose between bank loans, dealership financing, and personal loans to purchase the Arrizo 5 1.5L (Luxury). Each option has different terms and interest rates.
You can apply for a car loan by visiting a bank or financial institution, providing necessary documents such as your ID, salary proof, and the car's details. You can also apply online.
Yes, taking a car loan can affect your credit score. Timely repayments can improve your score, while missed payments can lower it.
Before taking a loan, check the interest rate, loan duration, any hidden fees, and ensure you can afford the monthly payments.
Factors affecting the interest rate include your credit score, the loan amount, the loan duration, and the lender's policies.