What is the car loan process for financing a Nissan Patrol 2022 5.6L LE Platinum City in the UAE?

The car loan process typically involves selecting a bank, submitting your financial documents, and applying for the loan. The bank will assess your creditworthiness and provide you with loan terms.

Will taking a loan for the Nissan Patrol 2022 affect my credit score?

Yes, taking out a loan may affect your credit score. If you make timely payments, it can improve your score, but missed payments can lower it.

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

Consider your income, existing debts, the loan interest rate, and the total cost of the car, including insurance and maintenance.

What are the interest rates for car loans in the UAE for the Nissan Patrol 2022?

Interest rates for car loans in the UAE can vary, typically ranging from 3% to 6% depending on the bank and your credit profile.

What documents are needed to apply for a car loan for the Nissan Patrol 2022?

You will typically need to provide proof of identity, salary statements, bank statements, and details of the car you wish to purchase.

CarteaCar Loan Calculator

Nissan Patrol 2022 5.6L LE Platinum City Car Loan Calculator in UAE

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

Monthly Payment

AED 13,883

Down Payment

AED 41,200

Total Cost

AED 207,796

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 13,883	AED 152,713
2	AED 13,883	AED 138,830
3	AED 13,883	AED 124,947
4	AED 13,883	AED 111,064
5	AED 13,883	AED 97,181
6	AED 13,883	AED 83,298
7	AED 13,883	AED 69,415
8	AED 13,883	AED 55,532
9	AED 13,883	AED 41,649
10	AED 13,883	AED 27,766
11	AED 13,883	AED 13,883
12	AED 13,883	AED 0

Monthly Payment Composition

Interest: 150

Principal: 13733

Nissan Patrol 2022 5.6L LE Platinum City Car Loan Calculator FAQs in UAE

The car loan process typically involves selecting a bank, submitting your financial documents, and applying for the loan. The bank will assess your creditworthiness and provide you with loan terms.
Yes, taking out a loan may affect your credit score. If you make timely payments, it can improve your score, but missed payments can lower it.
Consider your income, existing debts, the loan interest rate, and the total cost of the car, including insurance and maintenance.
Interest rates for car loans in the UAE can vary, typically ranging from 3% to 6% depending on the bank and your credit profile.
You will typically need to provide proof of identity, salary statements, bank statements, and details of the car you wish to purchase.