What is the car loan process for purchasing a Jimny GLX 1.5L (3-Doors) in the UAE?

The car loan process typically involves choosing a lender, submitting necessary documents, filling out a loan application, and waiting for approval before finalizing the purchase.

Will taking a loan for the Jimny GLX 1.5L (3-Doors) affect my credit score?

Yes, taking a loan can impact your credit score. Timely payments can improve it, while missed payments can harm it.

What factors should I consider when applying for a car loan for the Jimny GLX 1.5L (3-Doors)?

Consider your credit score, interest rates, loan terms, and total cost of the loan, including insurance and fees.

How do interest rates affect my car loan for the Jimny GLX 1.5L (3-Doors)?

Higher interest rates will increase your monthly payments and total loan cost, while lower rates will reduce them.

What documents are usually required to apply for a car loan in the UAE?

Common documents include your Emirates ID, salary certificate, bank statements, and vehicle purchase agreement.

CarteaCar Loan Calculator

Jimny GLX 1.5L (3-Doors) Car Loan Calculator in UAE

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

Monthly Payment

AED 5,055

Down Payment

AED 15,000

Total Cost

AED 75,660

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 5,055	AED 55,605
2	AED 5,055	AED 50,550
3	AED 5,055	AED 45,495
4	AED 5,055	AED 40,440
5	AED 5,055	AED 35,385
6	AED 5,055	AED 30,330
7	AED 5,055	AED 25,275
8	AED 5,055	AED 20,220
9	AED 5,055	AED 15,165
10	AED 5,055	AED 10,110
11	AED 5,055	AED 5,055
12	AED 5,055	AED 0

Monthly Payment Composition

Interest: 55

Principal: 5000

Jimny GLX 1.5L (3-Doors) Car Loan Calculator FAQs in UAE

The car loan process typically involves choosing a lender, submitting necessary documents, filling out a loan application, and waiting for approval before finalizing the purchase.
Yes, taking a loan can impact your credit score. Timely payments can improve it, while missed payments can harm it.
Consider your credit score, interest rates, loan terms, and total cost of the loan, including insurance and fees.
Higher interest rates will increase your monthly payments and total loan cost, while lower rates will reduce them.
Common documents include your Emirates ID, salary certificate, bank statements, and vehicle purchase agreement.