What are the financing options available for purchasing the Geely Emgrand GT 2018 3.5L V6 Flagship in UAE?

In UAE, you can choose from various financing options such as bank loans, dealership financing, or personal loans. Each option has different interest rates and terms.

How does taking a car loan affect my credit score?

Taking a car loan can have a positive or negative impact on your credit score. Timely payments can improve your score, while missed payments can decrease it.

What should I consider before applying for a car loan?

Before applying for a car loan, consider your budget, the total cost of the vehicle, interest rates, loan terms, and your ability to make monthly payments.

What factors influence the interest rate on a car loan in UAE?

Factors that influence the interest rate include your credit score, the loan amount, the loan term, and the lender’s policies.

Is it better to finance through a dealership or a bank?

Financing through a bank may offer lower interest rates, while dealership financing can be more convenient with promotional offers. Evaluate both options to find the best deal.

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

In UAE, you can choose from various financing options such as bank loans, dealership financing, or personal loans. Each option has different interest rates and terms.
Taking a car loan can have a positive or negative impact on your credit score. Timely payments can improve your score, while missed payments can decrease it.
Before applying for a car loan, consider your budget, the total cost of the vehicle, interest rates, loan terms, and your ability to make monthly payments.
Factors that influence the interest rate include your credit score, the loan amount, the loan term, and the lender’s policies.
Financing through a bank may offer lower interest rates, while dealership financing can be more convenient with promotional offers. Evaluate both options to find the best deal.