What is the car loan process for purchasing a Nissan Patrol LE Platinum City 3.5L in the UAE?

The car loan process typically involves selecting the vehicle, applying for a loan with a bank or financial institution, providing necessary documents, and then waiting for approval before finalizing the purchase.

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

Yes, applying for a loan can temporarily affect your credit score due to the hard inquiry made by the lender. However, if you make timely payments, it can improve your credit over time.

What factors should I consider when taking a car loan for the Nissan Patrol?

Consider the interest rate, loan term, monthly payments, total cost of the loan, and any additional fees or insurance requirements associated with the loan.

How does the interest rate on a car loan for the Nissan Patrol vary?

Interest rates can vary based on factors such as your credit score, the loan duration, and the lender's policies. It's advisable to shop around for the best rates.

What documents do I need to provide when applying for a car loan in the UAE?

You will typically need to provide identification (passport, Emirates ID), proof of income (salary certificate or bank statements), and details about the vehicle.

CarteaCar Loan Calculator

Nissan Patrol LE Platinum City 3.5L Car Loan Calculator in UAE

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

Monthly Payment

AED 25,602

Down Payment

AED 75,980

Total Cost

AED 383,204

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 25,602	AED 281,622
2	AED 25,602	AED 256,020
3	AED 25,602	AED 230,418
4	AED 25,602	AED 204,816
5	AED 25,602	AED 179,214
6	AED 25,602	AED 153,612
7	AED 25,602	AED 128,010
8	AED 25,602	AED 102,408
9	AED 25,602	AED 76,806
10	AED 25,602	AED 51,204
11	AED 25,602	AED 25,602
12	AED 25,602	AED 0

Monthly Payment Composition

Interest: 276

Principal: 25326

Nissan Patrol LE Platinum City 3.5L Car Loan Calculator FAQs in UAE

The car loan process typically involves selecting the vehicle, applying for a loan with a bank or financial institution, providing necessary documents, and then waiting for approval before finalizing the purchase.
Yes, applying for a loan can temporarily affect your credit score due to the hard inquiry made by the lender. However, if you make timely payments, it can improve your credit over time.
Consider the interest rate, loan term, monthly payments, total cost of the loan, and any additional fees or insurance requirements associated with the loan.
Interest rates can vary based on factors such as your credit score, the loan duration, and the lender's policies. It's advisable to shop around for the best rates.
You will typically need to provide identification (passport, Emirates ID), proof of income (salary certificate or bank statements), and details about the vehicle.