What are the financing options available for purchasing the Elantra 2.0L Comfort in UAE?

In UAE, you can choose between bank loans, dealer financing, or personal loans to purchase the Elantra 2.0L Comfort.

How does the car loan process work for the Elantra 2.0L Comfort?

The car loan process typically involves applying for a loan from a bank or financing company, providing necessary documents, and then waiting for approval before finalizing the purchase.

Will taking a car loan affect my credit score in UAE?

Yes, taking a car loan can affect your credit score as it impacts your credit utilization and payment history.

What should I consider before applying for a car loan for the Elantra 2.0L Comfort?

Consider the total cost of the loan, interest rates, repayment terms, and your budget before applying.

What factors can affect the loan interest rates for the Elantra 2.0L Comfort?

Factors include your credit score, loan amount, loan term, and the current economic conditions.

CarteaCar Loan Calculator

Elantra 2.0L Comfort Car Loan Calculator in UAE

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

Monthly Payment

AED 6,025

Down Payment

AED 17,880

Total Cost

AED 90,180

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 6,025	AED 66,275
2	AED 6,025	AED 60,250
3	AED 6,025	AED 54,225
4	AED 6,025	AED 48,200
5	AED 6,025	AED 42,175
6	AED 6,025	AED 36,150
7	AED 6,025	AED 30,125
8	AED 6,025	AED 24,100
9	AED 6,025	AED 18,075
10	AED 6,025	AED 12,050
11	AED 6,025	AED 6,025
12	AED 6,025	AED 0

Monthly Payment Composition

Interest: 65

Principal: 5960

Elantra 2.0L Comfort Car Loan Calculator FAQs in UAE

In UAE, you can choose between bank loans, dealer financing, or personal loans to purchase the Elantra 2.0L Comfort.
The car loan process typically involves applying for a loan from a bank or financing company, providing necessary documents, and then waiting for approval before finalizing the purchase.
Yes, taking a car loan can affect your credit score as it impacts your credit utilization and payment history.
Consider the total cost of the loan, interest rates, repayment terms, and your budget before applying.
Factors include your credit score, loan amount, loan term, and the current economic conditions.