What are the loan options available for purchasing the Peugeot 208 2018 1.6L GT Line in UAE?

In UAE, you can opt for various car loan options including fixed rate loans, flexible payment plans, and loans with zero down payment from several banks.

How does taking a loan for the Peugeot 208 affect my credit score?

Taking a loan can affect your credit score positively if you make timely payments, but missed payments can negatively impact your score.

What documents are required to apply for a car loan for Peugeot 208 in UAE?

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

What factors can affect the interest rate on my car loan for Peugeot 208?

Factors include your credit score, the loan amount, the loan term, and the lender's policies.

Is it better to get a loan from a bank or a dealership for the Peugeot 208?

It depends on the interest rates and terms. Banks may offer lower rates, while dealerships may provide convenience and promotions.

CarteaCar Loan Calculator

Peugeot 208 2018 1.6L GT Line Car Loan Calculator in UAE

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

Calculation Of Loans

Total Car PriceAED 70,000

Down PaymentAED 14,000

Monthly PaymentAED 4,718
Total CostAED 70,616
Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment Schedule	Monthly Payment	Remaining Amount
1	AED 4,718	AED 51,898
2	AED 4,718	AED 47,180
3	AED 4,718	AED 42,462
4	AED 4,718	AED 37,744
5	AED 4,718	AED 33,026
6	AED 4,718	AED 28,308
7	AED 4,718	AED 23,590
8	AED 4,718	AED 18,872
9	AED 4,718	AED 14,154
10	AED 4,718	AED 9,436
11	AED 4,718	AED 4,718
12	AED 4,718	AED 0

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Peugeot 208 2018 1.6L GT Line Car Loan Calculator FAQs in UAE

In UAE, you can opt for various car loan options including fixed rate loans, flexible payment plans, and loans with zero down payment from several banks.
Taking a loan can affect your credit score positively if you make timely payments, but missed payments can negatively impact your score.
Typically, you will need to provide proof of identity, proof of income, bank statements, and details of the vehicle you wish to purchase.
Factors include your credit score, the loan amount, the loan term, and the lender's policies.
It depends on the interest rates and terms. Banks may offer lower rates, while dealerships may provide convenience and promotions.