What is the e-2008 car loan in the UAE?

The e-2008 car loan in the UAE is a financing option provided by banks to assist customers in purchasing the e-2008 electric vehicle, allowing them to pay in installments over a specific period.

How can I apply for a car loan for the e-2008?

To apply for a car loan for the e-2008, you need to visit your chosen bank, provide necessary documents such as your identification, proof of income, and vehicle details, and fill out the application form.

Will taking a car loan affect my credit score?

Yes, taking a car loan can affect your credit score. If you make timely payments, it can positively impact your score, but missed payments can lead to a decrease.

What factors should I consider when taking a car loan?

When taking a car loan, consider the interest rate, loan tenure, monthly installments, total cost of the loan, and any additional fees or insurance requirements.

What factors can affect the loan exchange rate?

Factors that can affect the loan exchange rate include the central bank's interest rates, inflation rates, economic stability, and current market conditions.

CarteaCar Loan Calculator

e-2008 Car Loan Calculator in UAE

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

Monthly Payment

AED 11,450

Down Payment

AED 33,980

Total Cost

AED 171,380

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 11,450	AED 125,950
2	AED 11,450	AED 114,500
3	AED 11,450	AED 103,050
4	AED 11,450	AED 91,600
5	AED 11,450	AED 80,150
6	AED 11,450	AED 68,700
7	AED 11,450	AED 57,250
8	AED 11,450	AED 45,800
9	AED 11,450	AED 34,350
10	AED 11,450	AED 22,900
11	AED 11,450	AED 11,450
12	AED 11,450	AED 0

Monthly Payment Composition

Interest: 124

Principal: 11326

e-2008 Car Loan Calculator FAQs in UAE

The e-2008 car loan in the UAE is a financing option provided by banks to assist customers in purchasing the e-2008 electric vehicle, allowing them to pay in installments over a specific period.
To apply for a car loan for the e-2008, you need to visit your chosen bank, provide necessary documents such as your identification, proof of income, and vehicle details, and fill out the application form.
Yes, taking a car loan can affect your credit score. If you make timely payments, it can positively impact your score, but missed payments can lead to a decrease.
When taking a car loan, consider the interest rate, loan tenure, monthly installments, total cost of the loan, and any additional fees or insurance requirements.
Factors that can affect the loan exchange rate include the central bank's interest rates, inflation rates, economic stability, and current market conditions.