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

Calculation Of Loans

Total Car PriceAED 95,000

Down PaymentAED 19,000

Monthly PaymentAED 6,403
Total CostAED 95,836
Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment Schedule	Monthly Payment	Remaining Amount
1	AED 6,403	AED 70,433
2	AED 6,403	AED 64,030
3	AED 6,403	AED 57,627
4	AED 6,403	AED 51,224
5	AED 6,403	AED 44,821
6	AED 6,403	AED 38,418
7	AED 6,403	AED 32,015
8	AED 6,403	AED 25,612
9	AED 6,403	AED 19,209
10	AED 6,403	AED 12,806
11	AED 6,403	AED 6,403
12	AED 6,403	AED 0

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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.