What are the loan options available for purchasing the Great Wall POER 2022 2.0T Top (4WD) in UAE?

In UAE, there are various loan options available such as bank loans, dealer financing, and personal loans with competitive interest rates and flexible repayment terms.

How can I apply for a car loan to buy the Great Wall POER 2022?

You can apply for a car loan by visiting a bank or financial institution, filling out an application form, providing necessary documents such as ID, salary certificate, and vehicle details.

Will taking a car loan affect my credit score?

Yes, taking a car loan can impact your credit score. Timely repayments can improve your score, while missed payments can have a negative effect.

What factors should I be aware of when applying for a car loan?

You should consider factors like interest rates, loan tenure, monthly payments, your income, and any additional fees associated with the loan.

What affects the interest rate for a car loan in the UAE?

Interest rates for car loans in the UAE are influenced by factors such as the central bank's policy, the applicant's credit score, loan duration, and the type of vehicle being financed.

CarteaCar Loan Calculator

Great Wall POER 2022 2.0T Top (4WD) Car Loan Calculator in UAE

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

Monthly Payment

AED 6,396

Down Payment

AED 18,980

Total Cost

AED 95,732

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 6,396	AED 70,356
2	AED 6,396	AED 63,960
3	AED 6,396	AED 57,564
4	AED 6,396	AED 51,168
5	AED 6,396	AED 44,772
6	AED 6,396	AED 38,376
7	AED 6,396	AED 31,980
8	AED 6,396	AED 25,584
9	AED 6,396	AED 19,188
10	AED 6,396	AED 12,792
11	AED 6,396	AED 6,396
12	AED 6,396	AED 0

Monthly Payment Composition

Interest: 70

Principal: 6326

Great Wall POER 2022 2.0T Top (4WD) Car Loan Calculator FAQs in UAE

In UAE, there are various loan options available such as bank loans, dealer financing, and personal loans with competitive interest rates and flexible repayment terms.
You can apply for a car loan by visiting a bank or financial institution, filling out an application form, providing necessary documents such as ID, salary certificate, and vehicle details.
Yes, taking a car loan can impact your credit score. Timely repayments can improve your score, while missed payments can have a negative effect.
You should consider factors like interest rates, loan tenure, monthly payments, your income, and any additional fees associated with the loan.
Interest rates for car loans in the UAE are influenced by factors such as the central bank's policy, the applicant's credit score, loan duration, and the type of vehicle being financed.