Pajero 3.8L 5 Door Mid Car Loan Calculator in UAE

The car loan process typically involves selecting a vehicle, applying for a loan through a bank or financial institution, providing necessary documents, and waiting for approval. Once approved, you can finalize the purchase.

Yes, taking a car loan can impact your credit score. Timely payments can improve your score, while late payments can harm it.

Consider your credit score, interest rates, loan terms, monthly payments, and total cost of the loan. It's important to compare offers from different lenders.

Common terms include loan tenure (usually 1-5 years), interest rates (fixed or variable), down payment requirements, and insurance coverage.

Interest rates can be affected by your credit score, the loan amount, the loan tenure, current market rates, and the lender's policies.