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Eletre S+ Car Loan Calculator in UAE

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

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car price (AED)*

down payment *
%
Loan Period (years) *
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interest rate *
%
calculate

Monthly Payment

AED 37,066

Down Payment

AED 110,000

Total Cost

AED 554,792

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 37,066AED 407,726
2AED 37,066AED 370,660
3AED 37,066AED 333,594
4AED 37,066AED 296,528
5AED 37,066AED 259,462
6AED 37,066AED 222,396
7AED 37,066AED 185,330
8AED 37,066AED 148,264
9AED 37,066AED 111,198
10AED 37,066AED 74,132
11AED 37,066AED 37,066
12AED 37,066AED 0

Monthly Payment Composition

Interest: 400
Principal: 36666

Eletre S+ Car Loan Calculator FAQs in UAE

To purchase the Eletre S+ in the UAE, you will need to apply for a car loan through a bank or financial institution. You'll typically need to provide your identification, proof of income, and details about the vehicle. Once approved, you'll sign a loan agreement and make regular payments.

Yes, taking out a car loan can impact your credit score. If you make your payments on time, it can improve your score. However, missing payments can negatively affect it.

Consider interest rates, loan terms, your budget for monthly payments, and any additional fees such as processing fees or insurance requirements.

The typical loan term for a car loan in the UAE is usually between 1 to 5 years, depending on the lender and the amount borrowed.

Factors that can affect the loan interest rate include your credit score, the amount of the down payment, the loan term, and the lender's policies.