What are the loan options available for purchasing a Geely Emgrand GT 2018 3.5L V6 Elegance in UAE?

In UAE, you can choose from various loan options such as traditional bank loans, Islamic financing, and dealership financing.

How do I apply for a car loan for the Geely Emgrand GT 2018?

You can apply for a car loan by visiting a bank or financial institution, providing necessary documents like salary certificates, identity proof, and vehicle details.

Will taking a car loan affect my credit score?

Yes, taking a car loan can impact your credit score. Timely payments can improve it, while missed payments can lower it.

What should I consider before taking a car loan?

Consider the interest rates, the total loan amount, repayment terms, and your monthly budget before taking a car loan.

What factors can influence the loan exchange rate?

Factors such as market interest rates, inflation, currency stability, and economic conditions can influence the loan exchange rate.

CarteaCar Loan Calculator

Geely Emgrand GT 2018 3.5L V6 Elegance Car Loan Calculator in UAE

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

Monthly Payment

AED 4,650

Down Payment

AED 13,800

Total Cost

AED 69,600

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 4,650	AED 51,150
2	AED 4,650	AED 46,500
3	AED 4,650	AED 41,850
4	AED 4,650	AED 37,200
5	AED 4,650	AED 32,550
6	AED 4,650	AED 27,900
7	AED 4,650	AED 23,250
8	AED 4,650	AED 18,600
9	AED 4,650	AED 13,950
10	AED 4,650	AED 9,300
11	AED 4,650	AED 4,650
12	AED 4,650	AED 0

Monthly Payment Composition

Interest: 50

Principal: 4600

Geely Emgrand GT 2018 3.5L V6 Elegance Car Loan Calculator FAQs in UAE

In UAE, you can choose from various loan options such as traditional bank loans, Islamic financing, and dealership financing.
You can apply for a car loan by visiting a bank or financial institution, providing necessary documents like salary certificates, identity proof, and vehicle details.
Yes, taking a car loan can impact your credit score. Timely payments can improve it, while missed payments can lower it.
Consider the interest rates, the total loan amount, repayment terms, and your monthly budget before taking a car loan.
Factors such as market interest rates, inflation, currency stability, and economic conditions can influence the loan exchange rate.