What is the car loan process for purchasing a Landtrek 2.4T DC 4x4 (A/T) in UAE?

The car loan process typically involves choosing a lender, submitting an application with required documents, and receiving approval based on credit score and income.

Will taking a loan for the Landtrek 2.4T DC 4x4 (A/T) affect my credit score?

Yes, taking a loan can affect your credit score. Making timely payments can improve it, while missed payments can harm it.

What should I consider before applying for a car loan for the Landtrek?

Consider your budget, the interest rates offered by different lenders, your credit history, and the total cost of the loan including fees.

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

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

Are there any additional fees I should be aware of when taking a car loan?

Yes, additional fees may include processing fees, documentation fees, and insurance costs. Always ask for a breakdown of fees.

CarteaCar Loan Calculator

Landtrek 2.4T DC 4x4 (A/T) Car Loan Calculator in UAE

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

Monthly Payment

AED 7,407

Down Payment

AED 21,980

Total Cost

AED 110,864

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 7,407	AED 81,477
2	AED 7,407	AED 74,070
3	AED 7,407	AED 66,663
4	AED 7,407	AED 59,256
5	AED 7,407	AED 51,849
6	AED 7,407	AED 44,442
7	AED 7,407	AED 37,035
8	AED 7,407	AED 29,628
9	AED 7,407	AED 22,221
10	AED 7,407	AED 14,814
11	AED 7,407	AED 7,407
12	AED 7,407	AED 0

Monthly Payment Composition

Interest: 81

Principal: 7326

Landtrek 2.4T DC 4x4 (A/T) Car Loan Calculator FAQs in UAE

The car loan process typically involves choosing a lender, submitting an application with required documents, and receiving approval based on credit score and income.
Yes, taking a loan can affect your credit score. Making timely payments can improve it, while missed payments can harm it.
Consider your budget, the interest rates offered by different lenders, your credit history, and the total cost of the loan including fees.
Factors include your credit score, the loan amount, the loan term, and the lender's policies.
Yes, additional fees may include processing fees, documentation fees, and insurance costs. Always ask for a breakdown of fees.