What are the loan options available for purchasing the HR-V 1.5L i-VTEC LX in the UAE?

In the UAE, you can typically choose between conventional auto loans, Islamic auto financing, and bank-specific offers. It's important to compare interest rates and terms.

How do I apply for a car loan for the HR-V 1.5L i-VTEC LX?

To apply for a car loan, you typically need to visit a bank or financial institution, provide necessary documents such as ID, proof of income, and vehicle details, and fill out a loan application.

Will taking out a loan for the HR-V 1.5L i-VTEC LX affect my credit score?

Yes, applying for a loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments can have a negative impact.

What should I consider before taking a loan for the HR-V 1.5L i-VTEC LX?

Consider your monthly budget, the total cost of the loan including interest, loan tenure, and whether you can afford the monthly installments without straining your finances.

What factors can affect the interest rate for my HR-V 1.5L i-VTEC LX loan?

Factors that can affect the interest rate include your credit score, the loan amount, the loan term, and the bank's policies. Current market conditions can also play a role.

CarteaCar Loan Calculator

HRV 1.5L i-VTEC LX Car Loan Calculator in UAE

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

Monthly Payment

AED 6,598

Down Payment

AED 19,580

Total Cost

AED 98,756

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 6,598	AED 72,578
2	AED 6,598	AED 65,980
3	AED 6,598	AED 59,382
4	AED 6,598	AED 52,784
5	AED 6,598	AED 46,186
6	AED 6,598	AED 39,588
7	AED 6,598	AED 32,990
8	AED 6,598	AED 26,392
9	AED 6,598	AED 19,794
10	AED 6,598	AED 13,196
11	AED 6,598	AED 6,598
12	AED 6,598	AED 0

Monthly Payment Composition

Interest: 72

Principal: 6526

HRV 1.5L i-VTEC LX Car Loan Calculator FAQs in UAE

In the UAE, you can typically choose between conventional auto loans, Islamic auto financing, and bank-specific offers. It's important to compare interest rates and terms.
To apply for a car loan, you typically need to visit a bank or financial institution, provide necessary documents such as ID, proof of income, and vehicle details, and fill out a loan application.
Yes, applying for a loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments can have a negative impact.
Consider your monthly budget, the total cost of the loan including interest, loan tenure, and whether you can afford the monthly installments without straining your finances.
Factors that can affect the interest rate include your credit score, the loan amount, the loan term, and the bank's policies. Current market conditions can also play a role.