What are the loan options available for purchasing a Land Cruiser 70 VXR 4.0L (3 Door) in UAE?

In UAE, you can choose from various loan options such as fixed-rate loans, variable-rate loans, and personal loans specifically tailored for vehicle purchases.

How does a car loan affect my credit score in UAE?

A car loan can impact your credit score positively if you make timely payments. However, missed payments can negatively affect your score.

What should I consider before taking a car loan for the Land Cruiser 70 VXR 4.0L?

Consider the loan terms, interest rates, your monthly budget, and any additional fees involved in the loan process.

What factors can influence the interest rate of my car loan in UAE?

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

Can I pay off my car loan early in UAE, and are there any penalties?

Most lenders allow early repayment of car loans, but some may charge a prepayment penalty. Always check your loan agreement for specifics.

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Land Cruiser 70 VXR 4.0L (3 Door) Car Loan Calculator in UAE

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

Monthly Payment

AED 11,450

Down Payment

AED 33,980

Total Cost

AED 171,380

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 11,450	AED 125,950
2	AED 11,450	AED 114,500
3	AED 11,450	AED 103,050
4	AED 11,450	AED 91,600
5	AED 11,450	AED 80,150
6	AED 11,450	AED 68,700
7	AED 11,450	AED 57,250
8	AED 11,450	AED 45,800
9	AED 11,450	AED 34,350
10	AED 11,450	AED 22,900
11	AED 11,450	AED 11,450
12	AED 11,450	AED 0

Monthly Payment Composition

Interest: 124

Principal: 11326

Land Cruiser 70 VXR 4.0L (3 Door) Car Loan Calculator FAQs in UAE

In UAE, you can choose from various loan options such as fixed-rate loans, variable-rate loans, and personal loans specifically tailored for vehicle purchases.
A car loan can impact your credit score positively if you make timely payments. However, missed payments can negatively affect your score.
Consider the loan terms, interest rates, your monthly budget, and any additional fees involved in the loan process.
Factors include your credit score, loan amount, loan term, and the lender's policies.
Most lenders allow early repayment of car loans, but some may charge a prepayment penalty. Always check your loan agreement for specifics.