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LC 500 Carbon 5.0L Car Loan Calculator in UAE

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

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car price (AED)*

down payment *
%
Loan Period (years) *
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interest rate *
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Monthly Payment

AED 32,685

Down Payment

AED 97,000

Total Cost

AED 489,220

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 32,685AED 359,535
2AED 32,685AED 326,850
3AED 32,685AED 294,165
4AED 32,685AED 261,480
5AED 32,685AED 228,795
6AED 32,685AED 196,110
7AED 32,685AED 163,425
8AED 32,685AED 130,740
9AED 32,685AED 98,055
10AED 32,685AED 65,370
11AED 32,685AED 32,685
12AED 32,685AED 0

Monthly Payment Composition

Interest: 352
Principal: 32333

LC 500 Carbon 5.0L Car Loan Calculator FAQs in UAE

To apply for a car loan for the LC 500 Carbon 5.0L in the UAE, you typically need to provide proof of identity, a valid UAE residency visa, salary certificates, bank statements, and details about the vehicle.

Taking a car loan can impact your credit score positively if you make timely payments. However, late payments or defaults can negatively affect your score.

Consider the interest rate, loan term, your monthly budget, and any additional fees associated with the loan. Compare offers from different banks to find the best deal.

The typical loan tenure for a car loan in the UAE ranges from 1 to 5 years, depending on the bank and your financial situation.

Loan exchange rates in the UAE can be influenced by the central bank's policies, economic conditions, inflation rates, and global market trends.