What are the financing options available for purchasing a CX5 2.5L Signature Edition (AWD) in the UAE?

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

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

Taking a car loan can affect your credit score positively if you make timely payments. However, missing payments can negatively impact your credit score.

What documents do I need to provide to apply for a car loan for the CX5 2.5L Signature Edition (AWD)?

You typically need to provide your Emirates ID, salary certificate, bank statements, and proof of residence to apply for a car loan.

What factors can influence the interest rate for my car loan in the UAE?

Factors include your credit score, the loan amount, the loan term, and whether you are financing through a bank or a dealership.

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

Yes, some banks may charge processing fees, documentation fees, or early repayment charges. It's important to read the loan agreement carefully.

CarteaCar Loan Calculator

CX5 2.5L Signature Edition (AWD) Car Loan Calculator in UAE

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

Monthly Payment

AED 9,435

Down Payment

AED 28,000

Total Cost

AED 141,220

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 9,435	AED 103,785
2	AED 9,435	AED 94,350
3	AED 9,435	AED 84,915
4	AED 9,435	AED 75,480
5	AED 9,435	AED 66,045
6	AED 9,435	AED 56,610
7	AED 9,435	AED 47,175
8	AED 9,435	AED 37,740
9	AED 9,435	AED 28,305
10	AED 9,435	AED 18,870
11	AED 9,435	AED 9,435
12	AED 9,435	AED 0

Monthly Payment Composition

Interest: 102

Principal: 9333

CX5 2.5L Signature Edition (AWD) Car Loan Calculator FAQs in UAE

In the UAE, you can choose from various financing options such as bank loans, dealer financing, or personal loans. Each option has different interest rates and terms.
Taking a car loan can affect your credit score positively if you make timely payments. However, missing payments can negatively impact your credit score.
You typically need to provide your Emirates ID, salary certificate, bank statements, and proof of residence to apply for a car loan.
Factors include your credit score, the loan amount, the loan term, and whether you are financing through a bank or a dealership.
Yes, some banks may charge processing fees, documentation fees, or early repayment charges. It's important to read the loan agreement carefully.