What are the loan options available for purchasing the Coolray GL 1.5TD 2025 in UAE?

In UAE, there are various loan options such as conventional loans, Islamic financing, and personal loans specifically tailored for vehicle purchases.

How can I apply for a car loan for the Coolray GL 1.5TD 2025?

You can apply for a car loan by visiting your preferred bank's website, filling out the application form, and providing the required documents such as proof of income and identification.

Will taking a car loan affect my credit score?

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

What should I consider before taking a car loan for the Coolray GL 1.5TD 2025?

Consider the interest rates, loan term, monthly payments, and your overall financial situation before committing to a car loan.

What factors can influence the car loan interest rates in UAE?

Factors influencing car loan interest rates include your credit score, the loan amount, the loan term, and the bank's policies.

CarteaCar Loan Calculator

Coolray 2025 GL Car Loan Calculator in UAE

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

Monthly Payment

AED 5,115

Down Payment

AED 15,180

Total Cost

AED 76,560

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 5,115	AED 56,265
2	AED 5,115	AED 51,150
3	AED 5,115	AED 46,035
4	AED 5,115	AED 40,920
5	AED 5,115	AED 35,805
6	AED 5,115	AED 30,690
7	AED 5,115	AED 25,575
8	AED 5,115	AED 20,460
9	AED 5,115	AED 15,345
10	AED 5,115	AED 10,230
11	AED 5,115	AED 5,115
12	AED 5,115	AED 0

Monthly Payment Composition

Interest: 55

Principal: 5060

Coolray 2025 GL Car Loan Calculator FAQs in UAE

In UAE, there are various loan options such as conventional loans, Islamic financing, and personal loans specifically tailored for vehicle purchases.
You can apply for a car loan by visiting your preferred bank's website, filling out the application form, and providing the required documents such as proof of income and identification.
Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.
Consider the interest rates, loan term, monthly payments, and your overall financial situation before committing to a car loan.
Factors influencing car loan interest rates include your credit score, the loan amount, the loan term, and the bank's policies.