What are the loan options available for purchasing a Corolla Cross 1.8L GLI (HEV) in the UAE?

In the UAE, you can choose from various loan options including fixed-rate loans, variable-rate loans, and Islamic financing options tailored for vehicle purchases.

How do I apply for a car loan for the Corolla Cross 1.8L GLI (HEV)?

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

Will taking a loan for the Corolla Cross 1.8L GLI (HEV) affect my credit score?

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

What should I be aware of when taking a car loan in the UAE?

You should be aware of the interest rates, loan terms, additional fees, and the total cost of the vehicle including insurance and registration.

What factors can affect the loan interest rates for the Corolla Cross 1.8L GLI (HEV)?

Factors affecting loan interest rates include your credit score, loan amount, repayment term, and the lender's policies.

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Corolla Cross 1.8L GLI (HEV) Car Loan Calculator in UAE

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

Monthly Payment

AED 7,407

Down Payment

AED 21,980

Total Cost

AED 110,864

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 7,407	AED 81,477
2	AED 7,407	AED 74,070
3	AED 7,407	AED 66,663
4	AED 7,407	AED 59,256
5	AED 7,407	AED 51,849
6	AED 7,407	AED 44,442
7	AED 7,407	AED 37,035
8	AED 7,407	AED 29,628
9	AED 7,407	AED 22,221
10	AED 7,407	AED 14,814
11	AED 7,407	AED 7,407
12	AED 7,407	AED 0

Monthly Payment Composition

Interest: 81

Principal: 7326

Corolla Cross 1.8L GLI (HEV) Car Loan Calculator FAQs in UAE

In the UAE, you can choose from various loan options including fixed-rate loans, variable-rate loans, and Islamic financing options tailored for vehicle purchases.
You can apply for a car loan by visiting the bank or financial institution's website, filling out the application form, and providing the necessary documents such as proof of income and identification.
Yes, taking a loan can impact your credit score. Timely payments can enhance your score, while missed payments can lower it.
You should be aware of the interest rates, loan terms, additional fees, and the total cost of the vehicle including insurance and registration.
Factors affecting loan interest rates include your credit score, loan amount, repayment term, and the lender's policies.