What are the interest rates for a Grand Highlander Limited car loan in the UAE?

Interest rates for a Grand Highlander Limited car loan in the UAE typically range from 3% to 6%, depending on the bank and your credit profile.

How do I apply for a car loan for a Grand Highlander Limited?

You can apply for a car loan by visiting your bank's website or branch, and submitting the required documents such as ID, proof of income, and vehicle details.

Will taking a car loan affect my credit score?

Yes, taking a car loan can affect your credit score, especially if you miss payments. However, timely payments can improve your score.

What should I consider before taking a car loan for a Grand Highlander Limited?

Consider your monthly budget, the total cost of the loan, the loan term, and any additional fees before taking a car loan.

What factors influence car loan rates in the UAE?

Factors include your credit score, the loan amount, the loan term, and the bank's policies.

CarteaCar Loan Calculator

Grand Highlander Limited Car Loan Calculator in UAE

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

Monthly Payment

AED 11,181

Down Payment

AED 33,180

Total Cost

AED 167,352

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 11,181	AED 122,991
2	AED 11,181	AED 111,810
3	AED 11,181	AED 100,629
4	AED 11,181	AED 89,448
5	AED 11,181	AED 78,267
6	AED 11,181	AED 67,086
7	AED 11,181	AED 55,905
8	AED 11,181	AED 44,724
9	AED 11,181	AED 33,543
10	AED 11,181	AED 22,362
11	AED 11,181	AED 11,181
12	AED 11,181	AED 0

Monthly Payment Composition

Interest: 121

Principal: 11060

Grand Highlander Limited Car Loan Calculator FAQs in UAE

Interest rates for a Grand Highlander Limited car loan in the UAE typically range from 3% to 6%, depending on the bank and your credit profile.
You can apply for a car loan by visiting your bank's website or branch, and submitting the required documents such as ID, proof of income, and vehicle details.
Yes, taking a car loan can affect your credit score, especially if you miss payments. However, timely payments can improve your score.
Consider your monthly budget, the total cost of the loan, the loan term, and any additional fees before taking a car loan.
Factors include your credit score, the loan amount, the loan term, and the bank's policies.