What are the financing options available for purchasing the NX350h Premier 2.5L in the UAE?

You can choose from various financing options such as bank loans, dealership financing, or personal loans. Each option has different interest rates and terms.

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

Applying for a car loan may result in a small dip in your credit score due to the hard inquiry by lenders, but timely payments can improve your score over time.

What are the key factors to consider when applying for a car loan in the UAE?

Consider your credit score, the total loan amount, interest rates, loan tenure, and your monthly budget before applying for a loan.

What documents are required to apply for a car loan in the UAE?

Typically, you will need to provide your Emirates ID, proof of income, bank statements, and details of the vehicle you wish to purchase.

What factors can influence the interest rate for a car loan in the UAE?

Factors include your credit score, the type of loan, the amount financed, loan tenure, and current market conditions.

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NX350h Premier 2.5L Car Loan Calculator in UAE

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

Monthly Payment

AED 14,827

Down Payment

AED 44,000

Total Cost

AED 221,924

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 14,827	AED 163,097
2	AED 14,827	AED 148,270
3	AED 14,827	AED 133,443
4	AED 14,827	AED 118,616
5	AED 14,827	AED 103,789
6	AED 14,827	AED 88,962
7	AED 14,827	AED 74,135
8	AED 14,827	AED 59,308
9	AED 14,827	AED 44,481
10	AED 14,827	AED 29,654
11	AED 14,827	AED 14,827
12	AED 14,827	AED 0

Monthly Payment Composition

Interest: 161

Principal: 14666

NX350h Premier 2.5L Car Loan Calculator FAQs in UAE

You can choose from various financing options such as bank loans, dealership financing, or personal loans. Each option has different interest rates and terms.
Applying for a car loan may result in a small dip in your credit score due to the hard inquiry by lenders, but timely payments can improve your score over time.
Consider your credit score, the total loan amount, interest rates, loan tenure, and your monthly budget before applying for a loan.
Typically, you will need to provide your Emirates ID, proof of income, bank statements, and details of the vehicle you wish to purchase.
Factors include your credit score, the type of loan, the amount financed, loan tenure, and current market conditions.