What are the financing options available for purchasing a Highlander 2.5L Hybrid GXR (AWD) in the UAE?

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

How does taking a car loan affect my credit score in the UAE?

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

What should I be aware of when applying for a car loan for the Highlander in the UAE?

When applying for a car loan, be aware of the interest rates, loan tenure, down payment requirements, and any additional fees associated with the loan.

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

Factors that can affect the interest rate include your credit score, the loan amount, the loan term, and the bank's current lending policies.

Can I refinance my car loan for the Highlander in the UAE?

Yes, you can refinance your car loan in the UAE if you find better interest rates or terms. This can lower your monthly payments or the total amount paid over time.

CarteaCar Loan Calculator

Highlander 2.5L Hybrid GXR (AWD) Car Loan Calculator in UAE

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

Monthly Payment

AED 11,450

Down Payment

AED 33,980

Total Cost

AED 171,380

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 11,450	AED 125,950
2	AED 11,450	AED 114,500
3	AED 11,450	AED 103,050
4	AED 11,450	AED 91,600
5	AED 11,450	AED 80,150
6	AED 11,450	AED 68,700
7	AED 11,450	AED 57,250
8	AED 11,450	AED 45,800
9	AED 11,450	AED 34,350
10	AED 11,450	AED 22,900
11	AED 11,450	AED 11,450
12	AED 11,450	AED 0

Monthly Payment Composition

Interest: 124

Principal: 11326

Highlander 2.5L Hybrid GXR (AWD) Car Loan Calculator FAQs in UAE

In the UAE, you can choose from various financing options such as bank loans, dealership financing, or personal loans. Each option may have different interest rates and terms.
Taking a car loan can affect your credit score positively if you make timely payments. However, missing payments can negatively impact your score.
When applying for a car loan, be aware of the interest rates, loan tenure, down payment requirements, and any additional fees associated with the loan.
Factors that can affect the interest rate include your credit score, the loan amount, the loan term, and the bank's current lending policies.
Yes, you can refinance your car loan in the UAE if you find better interest rates or terms. This can lower your monthly payments or the total amount paid over time.