What are the financing options available for purchasing the NX350 Prestige 2.4L in the UAE?

In the UAE, you can choose from various financing options such as bank loans, dealership financing, and leasing options to purchase the NX350 Prestige 2.4L.

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

Taking out a car loan can affect your credit score positively if you make timely payments. However, missing payments can have a negative impact.

What documents do I need to apply for a car loan for the NX350 Prestige 2.4L?

To apply for a car loan, you typically need identification, proof of income, bank statements, and details about the car you wish to purchase.

What factors can affect the interest rate on my car loan in the UAE?

Factors that can affect the interest rate include your credit score, loan amount, loan term, and the lender's policies.

Are there any hidden fees associated with car loans in the UAE?

Yes, there can be hidden fees such as processing fees, insurance costs, and early repayment penalties. Always read the loan agreement carefully.

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NX350 Prestige 2.4L Car Loan Calculator in UAE

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

Monthly Payment

AED 15,703

Down Payment

AED 46,600

Total Cost

AED 235,036

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 15,703	AED 172,733
2	AED 15,703	AED 157,030
3	AED 15,703	AED 141,327
4	AED 15,703	AED 125,624
5	AED 15,703	AED 109,921
6	AED 15,703	AED 94,218
7	AED 15,703	AED 78,515
8	AED 15,703	AED 62,812
9	AED 15,703	AED 47,109
10	AED 15,703	AED 31,406
11	AED 15,703	AED 15,703
12	AED 15,703	AED 0

Monthly Payment Composition

Interest: 170

Principal: 15533

NX350 Prestige 2.4L Car Loan Calculator FAQs in UAE

In the UAE, you can choose from various financing options such as bank loans, dealership financing, and leasing options to purchase the NX350 Prestige 2.4L.
Taking out a car loan can affect your credit score positively if you make timely payments. However, missing payments can have a negative impact.
To apply for a car loan, you typically need identification, proof of income, bank statements, and details about the car you wish to purchase.
Factors that can affect the interest rate include your credit score, loan amount, loan term, and the lender's policies.
Yes, there can be hidden fees such as processing fees, insurance costs, and early repayment penalties. Always read the loan agreement carefully.