What are the loan options available for purchasing a CLE 300 Coupe 4MATIC in UAE?

In UAE, you can choose between various banks and financial institutions that offer auto loans with competitive interest rates, flexible repayment terms, and specific loan amounts tailored for the CLE 300 Coupe 4MATIC.

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

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

What documents are required to apply for a car loan for a CLE 300 Coupe 4MATIC?

You typically need to provide proof of identity, proof of income, bank statements, and details of the vehicle you wish to buy.

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

Factors that can affect your interest rate include your credit score, the loan term, the amount financed, and current market conditions.

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

Yes, some lenders may charge processing fees, early repayment penalties, or insurance requirements, so it's important to read the terms carefully.

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CLE 300 Coupe 4MATIC Car Loan Calculator in UAE

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

Monthly Payment

AED 23,513

Down Payment

AED 69,780

Total Cost

AED 351,936

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 23,513	AED 258,643
2	AED 23,513	AED 235,130
3	AED 23,513	AED 211,617
4	AED 23,513	AED 188,104
5	AED 23,513	AED 164,591
6	AED 23,513	AED 141,078
7	AED 23,513	AED 117,565
8	AED 23,513	AED 94,052
9	AED 23,513	AED 70,539
10	AED 23,513	AED 47,026
11	AED 23,513	AED 23,513
12	AED 23,513	AED 0

Monthly Payment Composition

Interest: 253

Principal: 23260

CLE 300 Coupe 4MATIC Car Loan Calculator FAQs in UAE

In UAE, you can choose between various banks and financial institutions that offer auto loans with competitive interest rates, flexible repayment terms, and specific loan amounts tailored for the CLE 300 Coupe 4MATIC.
Taking a car loan can affect your credit score positively if you make timely payments, but missed or late payments can negatively impact your score.
You typically need to provide proof of identity, proof of income, bank statements, and details of the vehicle you wish to buy.
Factors that can affect your interest rate include your credit score, the loan term, the amount financed, and current market conditions.
Yes, some lenders may charge processing fees, early repayment penalties, or insurance requirements, so it's important to read the terms carefully.