What are the financing options available for purchasing the Great Wall POER 2021 2.0T Platinum (4WD) in UAE?

In UAE, you can choose from various financing options such as bank loans, dealer financing, or personal loans to purchase the Great Wall POER 2021 2.0T Platinum (4WD).

How does taking a car loan affect my credit score?

Taking a car loan can impact your credit score positively by improving your credit mix if you make timely payments. However, missing payments can negatively affect your score.

What documents do I need to provide for a car loan in UAE?

You typically need to provide identification, proof of income, residency documents, and details of the vehicle you wish to purchase for a car loan in UAE.

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

The interest rate on a car loan can be affected by factors such as your credit score, the loan amount, loan tenure, and the lender's policies.

Is it better to get a car loan from a bank or through a dealership?

It depends on your situation. Banks may offer lower interest rates while dealerships might provide convenience and promotional offers. Compare both options to find what suits you best.

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Great Wall POER 2021 2.0T Platinum (4WD) Car Loan Calculator in UAE

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

Monthly Payment

AED 5,729

Down Payment

AED 17,000

Total Cost

AED 85,748

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 5,729	AED 63,019
2	AED 5,729	AED 57,290
3	AED 5,729	AED 51,561
4	AED 5,729	AED 45,832
5	AED 5,729	AED 40,103
6	AED 5,729	AED 34,374
7	AED 5,729	AED 28,645
8	AED 5,729	AED 22,916
9	AED 5,729	AED 17,187
10	AED 5,729	AED 11,458
11	AED 5,729	AED 5,729
12	AED 5,729	AED 0

Monthly Payment Composition

Interest: 63

Principal: 5666

Great Wall POER 2021 2.0T Platinum (4WD) Car Loan Calculator FAQs in UAE

In UAE, you can choose from various financing options such as bank loans, dealer financing, or personal loans to purchase the Great Wall POER 2021 2.0T Platinum (4WD).
Taking a car loan can impact your credit score positively by improving your credit mix if you make timely payments. However, missing payments can negatively affect your score.
You typically need to provide identification, proof of income, residency documents, and details of the vehicle you wish to purchase for a car loan in UAE.
The interest rate on a car loan can be affected by factors such as your credit score, the loan amount, loan tenure, and the lender's policies.
It depends on your situation. Banks may offer lower interest rates while dealerships might provide convenience and promotional offers. Compare both options to find what suits you best.