What are the financing options available for purchasing a Peugeot 508 2022 1.6T Allure Turbo in the UAE?

In the UAE, you can choose between bank loans, in-house financing from dealerships, or leasing options for the Peugeot 508 2022 1.6T Allure Turbo.

How can I apply for a car loan for the Peugeot 508 2022 in the UAE?

You can apply for a car loan by visiting a bank or financial institution, submitting the necessary documents such as your ID, proof of income, and details of the vehicle.

Will taking out a loan for the Peugeot 508 affect my credit score?

Yes, taking out a loan can affect your credit score. Timely repayments can improve your score, while missed payments can lower it.

What factors should I consider when applying for a car loan in the UAE?

Consider factors such as your credit score, loan interest rates, the term of the loan, and any additional fees involved.

What influences the loan interest rates in the UAE for cars?

Interest rates can be influenced by the central bank's policies, your credit history, the loan amount, and the term of the loan.

CarteaCar Loan Calculator

Peugeot 508 2022 1.6T Allure Turbo Car Loan Calculator in UAE

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

Monthly Payment

AED 8,755

Down Payment

AED 25,980

Total Cost

AED 131,040

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 8,755	AED 96,305
2	AED 8,755	AED 87,550
3	AED 8,755	AED 78,795
4	AED 8,755	AED 70,040
5	AED 8,755	AED 61,285
6	AED 8,755	AED 52,530
7	AED 8,755	AED 43,775
8	AED 8,755	AED 35,020
9	AED 8,755	AED 26,265
10	AED 8,755	AED 17,510
11	AED 8,755	AED 8,755
12	AED 8,755	AED 0

Monthly Payment Composition

Interest: 95

Principal: 8660

Peugeot 508 2022 1.6T Allure Turbo Car Loan Calculator FAQs in UAE

In the UAE, you can choose between bank loans, in-house financing from dealerships, or leasing options for the Peugeot 508 2022 1.6T Allure Turbo.
You can apply for a car loan by visiting a bank or financial institution, submitting the necessary documents such as your ID, proof of income, and details of the vehicle.
Yes, taking out a loan can affect your credit score. Timely repayments can improve your score, while missed payments can lower it.
Consider factors such as your credit score, loan interest rates, the term of the loan, and any additional fees involved.
Interest rates can be influenced by the central bank's policies, your credit history, the loan amount, and the term of the loan.