What are the financing options available for the HS5 Flagship 2.0T (AWD) in the UAE?

In the UAE, you can choose from various financing options such as bank loans, dealership financing, or personal loans tailored specifically for vehicle purchases.

Will taking a car loan affect my credit score?

Yes, taking a car loan can affect your credit score. If you make timely payments, it can improve your score, but missing payments can harm it.

What do I need to provide when applying for a car loan?

When applying for a car loan, you typically need to provide your identification, proof of income, bank statements, and details about the vehicle.

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

Factors impacting your car loan interest rate include your credit score, loan amount, loan term, and the lender's policies.

Is it better to finance through a bank or the dealership?

It depends on your situation. Banks may offer lower interest rates, while dealerships might provide convenience and promotional offers. Compare both options before deciding.

CarteaCar Loan Calculator

HS5 Flagship 2.0T (AWD) Car Loan Calculator in UAE

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

Calculation Of Loans

Total Car PriceAED 149,000

Down PaymentAED 29,800

Monthly PaymentAED 10,042
Total CostAED 150,304
Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment Schedule	Monthly Payment	Remaining Amount
1	AED 10,042	AED 110,462
2	AED 10,042	AED 100,420
3	AED 10,042	AED 90,378
4	AED 10,042	AED 80,336
5	AED 10,042	AED 70,294
6	AED 10,042	AED 60,252
7	AED 10,042	AED 50,210
8	AED 10,042	AED 40,168
9	AED 10,042	AED 30,126
10	AED 10,042	AED 20,084
11	AED 10,042	AED 10,042
12	AED 10,042	AED 0

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HS5 Flagship 2.0T (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 tailored specifically for vehicle purchases.
Yes, taking a car loan can affect your credit score. If you make timely payments, it can improve your score, but missing payments can harm it.
When applying for a car loan, you typically need to provide your identification, proof of income, bank statements, and details about the vehicle.
Factors impacting your car loan interest rate include your credit score, loan amount, loan term, 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 before deciding.