What is the process for obtaining a car loan for the Palisade 3.8L GDi (AWD) Premium (7 Seats) in the UAE?

To obtain a car loan for the Palisade, you typically need to provide documents such as proof of income, identification, and details of the vehicle. The bank will then assess your creditworthiness and determine the loan amount and terms.

Will taking a car loan for the Palisade affect my credit score?

Yes, taking a car loan can impact your credit score. Timely repayments can improve your score, while missed payments can lead to a decrease.

What should I consider before applying for a car loan for the Palisade in the UAE?

Consider factors such as your budget, the interest rates offered, the total loan amount, loan tenure, and any additional fees associated with the loan.

What factors can influence the interest rate on my car loan for the Palisade?

Factors include your credit score, the amount of the loan, the loan term, and current market conditions. Lenders may also have their own criteria.

Are there any specific requirements for financing the Palisade 3.8L GDi (AWD) Premium (7 Seats) in the UAE?

Yes, requirements typically include being a UAE resident, having a stable income, and providing necessary documentation like a salary certificate and bank statements.

CarteaCar Loan Calculator

Palisade 3.8L GDi (AWD) Premium (7 Seats) Car Loan Calculator in UAE

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

Monthly Payment

AED 12,805

Down Payment

AED 38,000

Total Cost

AED 191,660

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 12,805	AED 140,855
2	AED 12,805	AED 128,050
3	AED 12,805	AED 115,245
4	AED 12,805	AED 102,440
5	AED 12,805	AED 89,635
6	AED 12,805	AED 76,830
7	AED 12,805	AED 64,025
8	AED 12,805	AED 51,220
9	AED 12,805	AED 38,415
10	AED 12,805	AED 25,610
11	AED 12,805	AED 12,805
12	AED 12,805	AED 0

Monthly Payment Composition

Interest: 139

Principal: 12666

Palisade 3.8L GDi (AWD) Premium (7 Seats) Car Loan Calculator FAQs in UAE

To obtain a car loan for the Palisade, you typically need to provide documents such as proof of income, identification, and details of the vehicle. The bank will then assess your creditworthiness and determine the loan amount and terms.
Yes, taking a car loan can impact your credit score. Timely repayments can improve your score, while missed payments can lead to a decrease.
Consider factors such as your budget, the interest rates offered, the total loan amount, loan tenure, and any additional fees associated with the loan.
Factors include your credit score, the amount of the loan, the loan term, and current market conditions. Lenders may also have their own criteria.
Yes, requirements typically include being a UAE resident, having a stable income, and providing necessary documentation like a salary certificate and bank statements.