What are the financing options available for purchasing a Nissan Patrol XE 3.8L in UAE?

In UAE, you can choose from various financing options including bank loans, dealer financing, and personal loans. It's advisable to compare interest rates and terms from different banks.

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

A car loan can impact your credit score positively if you make timely payments. However, missing payments can negatively affect your score.

What documents are required to apply for a car loan for Nissan Patrol XE 3.8L?

Typically, you will need a copy of your Emirates ID, salary certificate, bank statements, and a quotation for the car price.

What are the interest rates for car loans in UAE?

Interest rates for car loans in UAE can vary widely, generally ranging from 2.5% to 5% per annum depending on the bank and your credit profile.

What factors influence the car loan approval process?

Factors influencing loan approval include your credit score, income level, employment stability, and the loan amount requested.

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Nissan Patrol XE 3.8L Car Loan Calculator in UAE

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

Monthly Payment

AED 16,168

Down Payment

AED 47,980

Total Cost

AED 241,996

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 16,168	AED 177,848
2	AED 16,168	AED 161,680
3	AED 16,168	AED 145,512
4	AED 16,168	AED 129,344
5	AED 16,168	AED 113,176
6	AED 16,168	AED 97,008
7	AED 16,168	AED 80,840
8	AED 16,168	AED 64,672
9	AED 16,168	AED 48,504
10	AED 16,168	AED 32,336
11	AED 16,168	AED 16,168
12	AED 16,168	AED 0

Monthly Payment Composition

Interest: 175

Principal: 15993

Nissan Patrol XE 3.8L Car Loan Calculator FAQs in UAE

In UAE, you can choose from various financing options including bank loans, dealer financing, and personal loans. It's advisable to compare interest rates and terms from different banks.
A car loan can impact your credit score positively if you make timely payments. However, missing payments can negatively affect your score.
Typically, you will need a copy of your Emirates ID, salary certificate, bank statements, and a quotation for the car price.
Interest rates for car loans in UAE can vary widely, generally ranging from 2.5% to 5% per annum depending on the bank and your credit profile.
Factors influencing loan approval include your credit score, income level, employment stability, and the loan amount requested.