What are the requirements for obtaining a car loan for the Ford Expedition 3.5L EcoBoost Platinum in the UAE?

To obtain a car loan for the Ford Expedition in the UAE, you typically need to provide proof of income, a valid UAE residency visa, and a copy of your Emirates ID. Some banks may also require a credit report.

Does taking a car loan for the Expedition 3.5L EcoBoost Platinum affect my credit score?

Yes, taking a car loan can affect your credit score. If you make timely payments, it can improve your score, but missing payments can negatively impact it.

What factors can affect the interest rate on my car loan for the Ford Expedition?

Factors that can affect the interest rate include your credit score, the loan amount, the loan term, and the bank's current rates.

What should I be aware of when applying for a car loan in the UAE?

When applying for a car loan, be aware of the total cost of the loan, including interest and fees, and ensure you understand the terms and conditions related to early repayment.

Can I refinance my car loan for the Ford Expedition 3.5L EcoBoost Platinum later?

Yes, you can refinance your car loan later. This may help you get a better interest rate or lower monthly payments, but check with your lender for any penalties or fees.

CarteaCar Loan Calculator

Expedition 3.5L EcoBoost Platinum Car Loan Calculator in UAE

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

Monthly Payment

AED 23,203

Down Payment

AED 68,859

Total Cost

AED 347,295

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 23,203	AED 255,233
2	AED 23,203	AED 232,030
3	AED 23,203	AED 208,827
4	AED 23,203	AED 185,624
5	AED 23,203	AED 162,421
6	AED 23,203	AED 139,218
7	AED 23,203	AED 116,015
8	AED 23,203	AED 92,812
9	AED 23,203	AED 69,609
10	AED 23,203	AED 46,406
11	AED 23,203	AED 23,203
12	AED 23,203	AED 0

Monthly Payment Composition

Interest: 250

Principal: 22953

Expedition 3.5L EcoBoost Platinum Car Loan Calculator FAQs in UAE

To obtain a car loan for the Ford Expedition in the UAE, you typically need to provide proof of income, a valid UAE residency visa, and a copy of your Emirates ID. Some banks may also require a credit report.
Yes, taking a car loan can affect your credit score. If you make timely payments, it can improve your score, but missing payments can negatively impact it.
Factors that can affect the interest rate include your credit score, the loan amount, the loan term, and the bank's current rates.
When applying for a car loan, be aware of the total cost of the loan, including interest and fees, and ensure you understand the terms and conditions related to early repayment.
Yes, you can refinance your car loan later. This may help you get a better interest rate or lower monthly payments, but check with your lender for any penalties or fees.