What are the loan options available for purchasing a Nissan Kicks 2018 1.6 SL in the UAE?

In the UAE, you can choose from various car loan options including bank loans, dealership financing, and personal loans. Each option may have different interest rates and terms.

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

Taking a car loan can affect your credit score positively if you make timely payments. However, missed payments can lower your score.

What factors should I consider when applying for a car loan for the Nissan Kicks 2018?

Consider factors such as your credit score, loan amount, interest rates, repayment terms, and any additional fees or insurance requirements.

What documents are required to apply for a car loan in the UAE?

Typically, you will need to provide identification, proof of income, bank statements, and details of the car you wish to purchase.

What are the common interest rates for car loans in the UAE?

Interest rates for car loans in the UAE generally range from 2.99% to 4.99% depending on the bank and your credit profile.

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Nissan Kicks 2018 1.6 SL Car Loan Calculator in UAE

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

Monthly Payment

AED 5,345

Down Payment

AED 15,860

Total Cost

AED 80,000

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 5,345	AED 58,795
2	AED 5,345	AED 53,450
3	AED 5,345	AED 48,105
4	AED 5,345	AED 42,760
5	AED 5,345	AED 37,415
6	AED 5,345	AED 32,070
7	AED 5,345	AED 26,725
8	AED 5,345	AED 21,380
9	AED 5,345	AED 16,035
10	AED 5,345	AED 10,690
11	AED 5,345	AED 5,345
12	AED 5,345	AED 0

Monthly Payment Composition

Interest: 59

Principal: 5286

Nissan Kicks 2018 1.6 SL Car Loan Calculator FAQs in UAE

In the UAE, you can choose from various car loan options including bank loans, dealership financing, and personal loans. Each option may have different interest rates and terms.
Taking a car loan can affect your credit score positively if you make timely payments. However, missed payments can lower your score.
Consider factors such as your credit score, loan amount, interest rates, repayment terms, and any additional fees or insurance requirements.
Typically, you will need to provide identification, proof of income, bank statements, and details of the car you wish to purchase.
Interest rates for car loans in the UAE generally range from 2.99% to 4.99% depending on the bank and your credit profile.