What are the typical loan terms for purchasing a Nissan Patrol LE T2 5.6L in the UAE?

Typical loan terms in the UAE range from 1 to 5 years, with interest rates varying between 3% to 7% depending on the bank and the borrower's credit profile.

How can I apply for a car loan for the Nissan Patrol LE T2 5.6L in the UAE?

You can apply for a car loan online through your bank's website, or by visiting a local branch with required documents such as ID, salary certificate, and car details.

Will taking a car loan affect my credit score in the UAE?

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 taking a car loan for a Nissan Patrol in the UAE?

Consider the interest rate, loan tenure, monthly installments, total cost of the loan, and your ability to repay without affecting your financial stability.

What influences the interest rates for auto loans in the UAE?

Interest rates for auto loans in the UAE are influenced by factors such as the Central Bank's rates, your credit history, loan amount, and the type of vehicle.

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Patrol LE T2 5.6L Car Loan Calculator in UAE

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

Monthly Payment

AED 19,544

Down Payment

AED 58,000

Total Cost

AED 292,528

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 19,544	AED 214,984
2	AED 19,544	AED 195,440
3	AED 19,544	AED 175,896
4	AED 19,544	AED 156,352
5	AED 19,544	AED 136,808
6	AED 19,544	AED 117,264
7	AED 19,544	AED 97,720
8	AED 19,544	AED 78,176
9	AED 19,544	AED 58,632
10	AED 19,544	AED 39,088
11	AED 19,544	AED 19,544
12	AED 19,544	AED 0

Monthly Payment Composition

Interest: 211

Principal: 19333

Patrol LE T2 5.6L Car Loan Calculator FAQs in UAE

Typical loan terms in the UAE range from 1 to 5 years, with interest rates varying between 3% to 7% depending on the bank and the borrower's credit profile.
You can apply for a car loan online through your bank's website, or by visiting a local branch with required documents such as ID, salary certificate, and car details.
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 rate, loan tenure, monthly installments, total cost of the loan, and your ability to repay without affecting your financial stability.
Interest rates for auto loans in the UAE are influenced by factors such as the Central Bank's rates, your credit history, loan amount, and the type of vehicle.