What are the main requirements for obtaining a car loan for the Geely Coolray 2022 1.5TD GL-Sport in the UAE?

The main requirements typically include proof of income, residency documents, identification, and a valid UAE driving license.

How does taking a car loan affect my credit score in the UAE?

Taking a car loan can impact your credit score positively if you make timely payments, but late payments can negatively affect it.

Interest rates for car loans in the UAE usually range from 3% to 5% depending on the lender and your credit profile.

Be aware of the total cost of the loan, including fees, insurance requirements, and the loan term before signing any agreements.

Factors include economic conditions, interest rates set by the central bank, and demand for foreign currencies.

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

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The main requirements typically include proof of income, residency documents, identification, and a valid UAE driving license.
Taking a car loan can impact your credit score positively if you make timely payments, but late payments can negatively affect it.
Interest rates for car loans in the UAE usually range from 3% to 5% depending on the lender and your credit profile.
Be aware of the total cost of the loan, including fees, insurance requirements, and the loan term before signing any agreements.
Factors include economic conditions, interest rates set by the central bank, and demand for foreign currencies.