What are the loan terms and conditions for purchasing a Peugeot 5008 2018 1.6T Alure in the UAE?

The loan terms typically include the loan amount, interest rate, repayment period, and eligibility criteria. It's advisable to check with local banks for specific terms.

How can I apply for a car loan for a Peugeot 5008 in the UAE?

You can apply online or visit a bank branch. You will need to provide documentation such as your ID, proof of income, and details about the vehicle.

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 it, while missed payments can harm it.

What factors can impact the interest rate on my car loan for a Peugeot 5008?

Factors include your credit history, the loan amount, the repayment term, and the bank's policies.

What should I consider before finalizing my car loan?

Consider the total cost of the loan, including interest, fees, and insurance, as well as your ability to make monthly payments.

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Peugeot 5008 2018 1.6T Alure Car Loan Calculator in UAE

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

Monthly Payment

AED 7,750

Down Payment

AED 23,000

Total Cost

AED 116,000

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 7,750	AED 85,250
2	AED 7,750	AED 77,500
3	AED 7,750	AED 69,750
4	AED 7,750	AED 62,000
5	AED 7,750	AED 54,250
6	AED 7,750	AED 46,500
7	AED 7,750	AED 38,750
8	AED 7,750	AED 31,000
9	AED 7,750	AED 23,250
10	AED 7,750	AED 15,500
11	AED 7,750	AED 7,750
12	AED 7,750	AED 0

Monthly Payment Composition

Interest: 84

Principal: 7666

Peugeot 5008 2018 1.6T Alure Car Loan Calculator FAQs in UAE

The loan terms typically include the loan amount, interest rate, repayment period, and eligibility criteria. It's advisable to check with local banks for specific terms.
You can apply online or visit a bank branch. You will need to provide documentation such as your ID, proof of income, and details about the vehicle.
Yes, taking a car loan can affect your credit score. Timely payments can improve it, while missed payments can harm it.
Factors include your credit history, the loan amount, the repayment term, and the bank's policies.
Consider the total cost of the loan, including interest, fees, and insurance, as well as your ability to make monthly payments.