What are the terms of the car loan for the Escalade Premium Luxury 6.2L AWD in the UAE?

Car loans in the UAE typically have terms ranging from 1 to 5 years, with interest rates varying based on the bank and your credit history.

How does applying for a car loan affect my credit score?

Applying for a car loan can temporarily lower your credit score due to the hard inquiry, but consistent repayments can improve it over time.

Typically, you will need your Emirates ID, proof of income, bank statements, and the vehicle's details.

Factors include your credit score, loan amount, loan term, and the bank's policies.

Most banks allow early repayment, but some may charge a penalty fee. It's essential to check your loan agreement for specific terms.

CarteaCar Loan Calculator

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

AED 28,028

AED 83,180

AED 419,516

Interest: 302

Principal: 27726

Car loans in the UAE typically have terms ranging from 1 to 5 years, with interest rates varying based on the bank and your credit history.
Applying for a car loan can temporarily lower your credit score due to the hard inquiry, but consistent repayments can improve it over time.
Typically, you will need your Emirates ID, proof of income, bank statements, and the vehicle's details.
Factors include your credit score, loan amount, loan term, and the bank's policies.
Most banks allow early repayment, but some may charge a penalty fee. It's essential to check your loan agreement for specific terms.