What is the loan process for purchasing a GA 6 1.5T GE in UAE?

To purchase a GA 6 1.5T GE in UAE, you need to apply for a car loan through a bank. The process typically includes submitting your identification, proof of income, and the vehicle's details. After approval, you will receive the loan amount to pay for the car.

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 improve your score, but missed payments can negatively impact it.

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

When applying for a car loan, be aware of the interest rates, loan terms, and any additional fees associated with the loan. Make sure to read the loan agreement carefully.

What factors can affect my car loan interest rate?

Factors that can affect your car loan interest rate include your credit score, the loan amount, the length of the loan term, and the type of vehicle you are purchasing.

Are there any specific documents needed for a car loan in UAE?

Yes, typically you will need to provide your Emirates ID, proof of income (such as salary slips), bank statements, and details about the car you wish to purchase.

CarteaCar Loan Calculator

GA6 1.5T GE Car Loan Calculator in UAE

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

Monthly Payment

AED 7,609

Down Payment

AED 22,580

Total Cost

AED 113,888

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 7,609	AED 83,699
2	AED 7,609	AED 76,090
3	AED 7,609	AED 68,481
4	AED 7,609	AED 60,872
5	AED 7,609	AED 53,263
6	AED 7,609	AED 45,654
7	AED 7,609	AED 38,045
8	AED 7,609	AED 30,436
9	AED 7,609	AED 22,827
10	AED 7,609	AED 15,218
11	AED 7,609	AED 7,609
12	AED 7,609	AED 0

Monthly Payment Composition

Interest: 83

Principal: 7526

GA6 1.5T GE Car Loan Calculator FAQs in UAE

To purchase a GA 6 1.5T GE in UAE, you need to apply for a car loan through a bank. The process typically includes submitting your identification, proof of income, and the vehicle's details. After approval, you will receive the loan amount to pay for the car.
Yes, taking a car loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments can negatively impact it.
When applying for a car loan, be aware of the interest rates, loan terms, and any additional fees associated with the loan. Make sure to read the loan agreement carefully.
Factors that can affect your car loan interest rate include your credit score, the loan amount, the length of the loan term, and the type of vehicle you are purchasing.
Yes, typically you will need to provide your Emirates ID, proof of income (such as salary slips), bank statements, and details about the car you wish to purchase.