What are the typical car loan terms for purchasing the HS3 2.0T 4WD Flagship in the UAE?

Typical car loan terms in the UAE range from 1 to 5 years, with interest rates varying between 3% to 6% depending on the bank and the borrower's credit profile.

How can I apply for a car loan for the HS3 2.0T 4WD Flagship?

You can apply for a car loan by visiting your chosen bank's branch or their website, providing necessary documents like your ID, proof of income, and details of the vehicle.

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

Yes, taking a car loan can affect your credit score, as it involves a hard inquiry and increases your debt-to-income ratio, but timely repayments can improve your score.

What should I consider before taking a car loan for the HS3 2.0T 4WD Flagship?

Consider your monthly budget, the total cost of the loan including interest, the loan duration, and your ability to make timely payments.

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

Factors include your credit score, the loan amount, the loan term, the bank's policies, and the current market conditions.

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HS3 2.0T 4WD Flagship Car Loan Calculator in UAE

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

Monthly Payment

AED 8,761

Down Payment

AED 26,000

Total Cost

AED 131,132

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 8,761	AED 96,371
2	AED 8,761	AED 87,610
3	AED 8,761	AED 78,849
4	AED 8,761	AED 70,088
5	AED 8,761	AED 61,327
6	AED 8,761	AED 52,566
7	AED 8,761	AED 43,805
8	AED 8,761	AED 35,044
9	AED 8,761	AED 26,283
10	AED 8,761	AED 17,522
11	AED 8,761	AED 8,761
12	AED 8,761	AED 0

Monthly Payment Composition

Interest: 95

Principal: 8666

HS3 2.0T 4WD Flagship Car Loan Calculator FAQs in UAE

Typical car loan terms in the UAE range from 1 to 5 years, with interest rates varying between 3% to 6% depending on the bank and the borrower's credit profile.
You can apply for a car loan by visiting your chosen bank's branch or their website, providing necessary documents like your ID, proof of income, and details of the vehicle.
Yes, taking a car loan can affect your credit score, as it involves a hard inquiry and increases your debt-to-income ratio, but timely repayments can improve your score.
Consider your monthly budget, the total cost of the loan including interest, the loan duration, and your ability to make timely payments.
Factors include your credit score, the loan amount, the loan term, the bank's policies, and the current market conditions.