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Model S Dual Motor All-Wheel Drive Car Loan Calculator in UAE

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

Monthly Payment

AED 25,271

Down Payment

AED 74,998

Total Cost

AED 378,250

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 25,271	AED 277,981
2	AED 25,271	AED 252,710
3	AED 25,271	AED 227,439
4	AED 25,271	AED 202,168
5	AED 25,271	AED 176,897
6	AED 25,271	AED 151,626
7	AED 25,271	AED 126,355
8	AED 25,271	AED 101,084
9	AED 25,271	AED 75,813
10	AED 25,271	AED 50,542
11	AED 25,271	AED 25,271
12	AED 25,271	AED 0

Monthly Payment Composition

Interest: 272

Principal: 24999

Model S Dual Motor All-Wheel Drive Car Loan Calculator FAQs in UAE

A car loan in the UAE is a financial product offered by banks and financial institutions to help individuals purchase a vehicle by borrowing money, which is paid back in installments over a specified period.

You can apply for a car loan in the UAE by visiting a bank or financial institution, filling out an application form, providing necessary documents such as your ID, salary certificate, and proof of residence.

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

You should be aware of the interest rates, loan tenure, any hidden fees, and the total cost of the loan including the insurance and registration fees.

Factors influencing car loan interest rates in the UAE include the borrower's credit score, the type of vehicle, the loan amount, and the duration of the loan.