What are the loan options available for purchasing a Huracan STERRATO 5.2L V10 in the UAE?

In the UAE, you can find various loan options from banks and financial institutions, including fixed-rate loans, variable-rate loans, and personal loans specifically tailored for vehicle purchases.

How does taking a loan for the Huracan STERRATO 5.2L V10 affect my credit score?

Taking a loan can impact your credit score positively or negatively, depending on your payment history. Timely repayments can improve your score, while missed payments can lower it.

What documents do I need to apply for a car loan for the Huracan STERRATO 5.2L V10?

You typically need to provide identification, proof of income, bank statements, and details about the vehicle you wish to purchase. Some lenders may require additional documents.

Are there any fees associated with obtaining a loan for the Huracan STERRATO 5.2L V10?

Yes, there may be various fees such as processing fees, documentation fees, and sometimes prepayment penalties. It's essential to review the loan agreement carefully.

What factors can affect the interest rate on a car loan for the Huracan STERRATO 5.2L V10?

Factors such as your credit score, loan amount, loan term, and the lender's policies can all influence the interest rate offered on your car loan.

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Huracan STERRATO 5.2L V10 Car Loan Calculator in UAE

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

Monthly Payment

AED 70,761

Down Payment

AED 210,000

Total Cost

AED 1,059,132

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 70,761	AED 778,371
2	AED 70,761	AED 707,610
3	AED 70,761	AED 636,849
4	AED 70,761	AED 566,088
5	AED 70,761	AED 495,327
6	AED 70,761	AED 424,566
7	AED 70,761	AED 353,805
8	AED 70,761	AED 283,044
9	AED 70,761	AED 212,283
10	AED 70,761	AED 141,522
11	AED 70,761	AED 70,761
12	AED 70,761	AED 0

Monthly Payment Composition

Interest: 761

Principal: 70000

Huracan STERRATO 5.2L V10 Car Loan Calculator FAQs in UAE

In the UAE, you can find various loan options from banks and financial institutions, including fixed-rate loans, variable-rate loans, and personal loans specifically tailored for vehicle purchases.
Taking a loan can impact your credit score positively or negatively, depending on your payment history. Timely repayments can improve your score, while missed payments can lower it.
You typically need to provide identification, proof of income, bank statements, and details about the vehicle you wish to purchase. Some lenders may require additional documents.
Yes, there may be various fees such as processing fees, documentation fees, and sometimes prepayment penalties. It's essential to review the loan agreement carefully.
Factors such as your credit score, loan amount, loan term, and the lender's policies can all influence the interest rate offered on your car loan.