What are the financing options available for purchasing a Nissan Kicks 2020 1.6 S in the UAE?

In the UAE, you can choose between bank loans, dealership financing, and personal loans for purchasing a Nissan Kicks 2020 1.6 S.

How does the car loan application process work in the UAE?

The application process typically involves filling out a form, providing necessary documents (like ID, proof of income, and residency), and waiting for approval from the lender.

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

Yes, taking a car loan can impact your credit score. Timely payments can improve it, while missed payments can lower it.

What factors should I consider when applying for a car loan?

Consider your budget, interest rates, loan terms, and your ability to make monthly payments before applying for a car loan.

What are the factors that can influence the loan interest rate for a Nissan Kicks 2020 1.6 S?

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

CarteaCar Loan Calculator

Nissan Kicks 2020 1.6 S Car Loan Calculator in UAE

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

Monthly Payment

AED 4,280

Down Payment

AED 12,700

Total Cost

AED 64,060

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 4,280	AED 47,080
2	AED 4,280	AED 42,800
3	AED 4,280	AED 38,520
4	AED 4,280	AED 34,240
5	AED 4,280	AED 29,960
6	AED 4,280	AED 25,680
7	AED 4,280	AED 21,400
8	AED 4,280	AED 17,120
9	AED 4,280	AED 12,840
10	AED 4,280	AED 8,560
11	AED 4,280	AED 4,280
12	AED 4,280	AED 0

Monthly Payment Composition

Interest: 47

Principal: 4233

Nissan Kicks 2020 1.6 S Car Loan Calculator FAQs in UAE

In the UAE, you can choose between bank loans, dealership financing, and personal loans for purchasing a Nissan Kicks 2020 1.6 S.
The application process typically involves filling out a form, providing necessary documents (like ID, proof of income, and residency), and waiting for approval from the lender.
Yes, taking a car loan can impact your credit score. Timely payments can improve it, while missed payments can lower it.
Consider your budget, interest rates, loan terms, and your ability to make monthly payments before applying for a car loan.
Factors include your credit score, the loan amount, the loan tenure, and the lender's policies.