What are the loan options available for purchasing a Model 3 Performance All-Wheel Drive in the UAE?

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

How does taking out a loan impact my credit score in the UAE?

Taking out a loan can impact your credit score positively if you make timely payments, but missed payments can negatively affect your score.

What should I consider before applying for a car loan for the Model 3 Performance?

You should consider your budget, the total cost of the loan including interest, loan terms, and your repayment capacity before applying.

What factors can affect the loan interest rate for a car in the UAE?

Factors include your credit score, loan amount, loan term, and the financial institution offering the loan.

Can I refinance my car loan after purchasing the Model 3 Performance?

Yes, you can refinance your car loan to potentially lower your interest rate or adjust your loan terms.

CarteaCar Loan Calculator

Model 3 Performance All-Wheel Drive Car Loan Calculator in UAE

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

Monthly Payment

AED 13,478

Down Payment

AED 39,998

Total Cost

AED 201,734

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 13,478	AED 148,258
2	AED 13,478	AED 134,780
3	AED 13,478	AED 121,302
4	AED 13,478	AED 107,824
5	AED 13,478	AED 94,346
6	AED 13,478	AED 80,868
7	AED 13,478	AED 67,390
8	AED 13,478	AED 53,912
9	AED 13,478	AED 40,434
10	AED 13,478	AED 26,956
11	AED 13,478	AED 13,478
12	AED 13,478	AED 0

Monthly Payment Composition

Interest: 146

Principal: 13332

Model 3 Performance All-Wheel Drive Car Loan Calculator FAQs in UAE

In the UAE, you can choose between various loan options such as fixed-rate loans, variable-rate loans, and personal loans specifically designed for vehicle purchases.
Taking out a loan can impact your credit score positively if you make timely payments, but missed payments can negatively affect your score.
You should consider your budget, the total cost of the loan including interest, loan terms, and your repayment capacity before applying.
Factors include your credit score, loan amount, loan term, and the financial institution offering the loan.
Yes, you can refinance your car loan to potentially lower your interest rate or adjust your loan terms.