What are the financing options available for purchasing the I Pace EV400 SE (AWD) in the UAE?

There are various financing options available such as bank loans, dealership financing, and personal loans. It's advisable to compare interest rates and terms from different lenders.

How does taking a loan for the I Pace EV400 SE (AWD) affect my credit score?

Taking a loan can impact your credit score. Timely payments can improve it, while missed payments can harm it. It's important to manage your payments well.

What factors should I consider when applying for a car loan for the I Pace EV400 SE (AWD)?

Consider your credit score, the loan amount, interest rates, loan terms, and your monthly budget. Also, assess the total cost of ownership including insurance and maintenance.

What is the typical interest rate for a car loan for the I Pace EV400 SE (AWD) in the UAE?

Typical interest rates for car loans in the UAE can range from 3% to 5%, depending on your credit profile and the lender's terms.

Are there any down payment requirements for financing the I Pace EV400 SE (AWD)?

Yes, most lenders require a down payment, which typically ranges from 10% to 20% of the car's price. A larger down payment can help reduce your monthly payments.

CarteaCar Loan Calculator

I Pace EV400 SE (AWD) Car Loan Calculator in UAE

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

Monthly Payment

AED 26,543

Down Payment

AED 78,771

Total Cost

AED 397,287

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 26,543	AED 291,973
2	AED 26,543	AED 265,430
3	AED 26,543	AED 238,887
4	AED 26,543	AED 212,344
5	AED 26,543	AED 185,801
6	AED 26,543	AED 159,258
7	AED 26,543	AED 132,715
8	AED 26,543	AED 106,172
9	AED 26,543	AED 79,629
10	AED 26,543	AED 53,086
11	AED 26,543	AED 26,543
12	AED 26,543	AED 0

Monthly Payment Composition

Interest: 286

Principal: 26257

I Pace EV400 SE (AWD) Car Loan Calculator FAQs in UAE

There are various financing options available such as bank loans, dealership financing, and personal loans. It's advisable to compare interest rates and terms from different lenders.
Taking a loan can impact your credit score. Timely payments can improve it, while missed payments can harm it. It's important to manage your payments well.
Consider your credit score, the loan amount, interest rates, loan terms, and your monthly budget. Also, assess the total cost of ownership including insurance and maintenance.
Typical interest rates for car loans in the UAE can range from 3% to 5%, depending on your credit profile and the lender's terms.
Yes, most lenders require a down payment, which typically ranges from 10% to 20% of the car's price. A larger down payment can help reduce your monthly payments.