What are the financing options available for purchasing a Changan CS85 2020 2.0T GDI Premium in UAE?

In the UAE, you can choose from various financing options such as bank loans, dealership financing, and personal loans. Each option has different terms and interest rates.

How does applying for a car loan affect my credit score?

Applying for a car loan may temporarily lower your credit score due to the hard inquiry made by lenders. However, if you make timely payments, it can positively impact your credit history.

What documents are required to apply for a car loan in UAE?

Typically, you will need to provide identification, proof of income, bank statements, and details about the vehicle. Each bank may have specific requirements.

What factors can affect the interest rate on my car loan?

Interest rates on car loans can be influenced by factors such as your credit score, loan term, the lender's policies, and the overall economic conditions.

Are there any hidden fees associated with car loans in UAE?

Yes, some lenders may charge processing fees, documentation fees, or early repayment penalties. It is important to review the loan agreement carefully before signing.

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Changan CS85 2020 2.0T GDI Premium Car Loan Calculator in UAE

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

Monthly Payment

AED 8,846

Down Payment

AED 26,250

Total Cost

AED 132,402

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 8,846	AED 97,306
2	AED 8,846	AED 88,460
3	AED 8,846	AED 79,614
4	AED 8,846	AED 70,768
5	AED 8,846	AED 61,922
6	AED 8,846	AED 53,076
7	AED 8,846	AED 44,230
8	AED 8,846	AED 35,384
9	AED 8,846	AED 26,538
10	AED 8,846	AED 17,692
11	AED 8,846	AED 8,846
12	AED 8,846	AED 0

Monthly Payment Composition

Interest: 96

Principal: 8750

Changan CS85 2020 2.0T GDI Premium Car Loan Calculator FAQs in UAE

In the UAE, you can choose from various financing options such as bank loans, dealership financing, and personal loans. Each option has different terms and interest rates.
Applying for a car loan may temporarily lower your credit score due to the hard inquiry made by lenders. However, if you make timely payments, it can positively impact your credit history.
Typically, you will need to provide identification, proof of income, bank statements, and details about the vehicle. Each bank may have specific requirements.
Interest rates on car loans can be influenced by factors such as your credit score, loan term, the lender's policies, and the overall economic conditions.
Yes, some lenders may charge processing fees, documentation fees, or early repayment penalties. It is important to review the loan agreement carefully before signing.