What are the financing options available for purchasing a Nissan Sunny 2020 1.6L S A/T in the UAE?

In the UAE, you can choose between bank loans, dealer financing, or personal loans from various financial institutions.

How do I apply for a car loan for the Nissan Sunny 2020?

You can apply for a car loan by visiting a bank or financial institution's website, filling out an application form, and submitting the required documents.

Will taking a car loan affect my credit score?

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

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

Consider the interest rates, loan tenure, monthly payments, and your overall financial situation before applying.

What factors influence the loan interest rates in the UAE?

Loan interest rates in the UAE are influenced by the central bank's rates, the borrower's credit score, and the overall market conditions.

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Nissan Sunny 2020 1.6L S A/T Car Loan Calculator in UAE

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

Monthly Payment

AED 4,044

Down Payment

AED 12,000

Total Cost

AED 60,528

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 4,044	AED 44,484
2	AED 4,044	AED 40,440
3	AED 4,044	AED 36,396
4	AED 4,044	AED 32,352
5	AED 4,044	AED 28,308
6	AED 4,044	AED 24,264
7	AED 4,044	AED 20,220
8	AED 4,044	AED 16,176
9	AED 4,044	AED 12,132
10	AED 4,044	AED 8,088
11	AED 4,044	AED 4,044
12	AED 4,044	AED 0

Monthly Payment Composition

Interest: 44

Principal: 4000

Nissan Sunny 2020 1.6L S A/T Car Loan Calculator FAQs in UAE

In the UAE, you can choose between bank loans, dealer financing, or personal loans from various financial institutions.
You can apply for a car loan by visiting a bank or financial institution's website, filling out an application form, and submitting the required documents.
Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.
Consider the interest rates, loan tenure, monthly payments, and your overall financial situation before applying.
Loan interest rates in the UAE are influenced by the central bank's rates, the borrower's credit score, and the overall market conditions.