What are the loan options available for purchasing the Ciaz 1.5L GL in the UAE?

In the UAE, you can choose from various loan options such as fixed-rate loans, variable-rate loans, and personal loans specifically designed for car purchases.

How do I apply for a car loan for the Ciaz 1.5L GL?

To apply for a car loan, you typically need to provide your identification, proof of income, and details about the vehicle. You can apply through the bank's website, an app, or directly at a branch.

Will taking a car loan affect my credit score?

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

What factors should I consider before taking a car loan for the Ciaz 1.5L GL?

Consider factors such as interest rates, loan tenure, monthly repayment amounts, and any additional fees or charges associated with the loan.

What are the common factors that affect car loan interest rates in the UAE?

Common factors include the borrower's credit score, the loan amount, the loan term, and the prevailing economic conditions.

CarteaCar Loan Calculator

Ciaz 1.5L GL Car Loan Calculator in UAE

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

Monthly Payment

AED 3,505

Down Payment

AED 10,400

Total Cost

AED 52,460

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 3,505	AED 38,555
2	AED 3,505	AED 35,050
3	AED 3,505	AED 31,545
4	AED 3,505	AED 28,040
5	AED 3,505	AED 24,535
6	AED 3,505	AED 21,030
7	AED 3,505	AED 17,525
8	AED 3,505	AED 14,020
9	AED 3,505	AED 10,515
10	AED 3,505	AED 7,010
11	AED 3,505	AED 3,505
12	AED 3,505	AED 0

Monthly Payment Composition

Interest: 39

Principal: 3466

Ciaz 1.5L GL Car Loan Calculator FAQs in UAE

In the UAE, you can choose from various loan options such as fixed-rate loans, variable-rate loans, and personal loans specifically designed for car purchases.
To apply for a car loan, you typically need to provide your identification, proof of income, and details about the vehicle. You can apply through the bank's website, an app, or directly at a branch.
Yes, taking a car loan can impact your credit score. Timely repayments can improve your score, while missed payments can lower it.
Consider factors such as interest rates, loan tenure, monthly repayment amounts, and any additional fees or charges associated with the loan.
Common factors include the borrower's credit score, the loan amount, the loan term, and the prevailing economic conditions.