What is the car loan for the Peugeot Traveller 2019 L3 VIP in UAE?

A car loan for the Peugeot Traveller 2019 L3 VIP in UAE is a financial product offered by banks to help you purchase the vehicle by borrowing the amount needed and repaying it in installments.

How can I apply for a car loan for the Peugeot Traveller 2019 L3 VIP?

You can apply for a car loan by visiting a bank branch, filling out an application form, providing necessary documents like income proof and ID, and choosing the loan terms.

Will taking a car loan affect my credit score?

Yes, taking a car loan can affect your credit score. Timely payments can improve it, while missed payments can harm it.

What should I pay attention to when applying for a car loan?

Pay attention to the interest rates, repayment terms, any hidden fees, and ensure you can afford the monthly payments.

What factors influence the loan interest rate for a car loan?

Factors include your credit history, the loan amount, the loan term, and the bank's current interest rates.

CarteaCar Loan Calculator

Peugeot Traveller 2019 L3 VIP Car Loan Calculator in UAE

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

Monthly Payment

AED 8,081

Down Payment

AED 23,980

Total Cost

AED 120,952

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 8,081	AED 88,891
2	AED 8,081	AED 80,810
3	AED 8,081	AED 72,729
4	AED 8,081	AED 64,648
5	AED 8,081	AED 56,567
6	AED 8,081	AED 48,486
7	AED 8,081	AED 40,405
8	AED 8,081	AED 32,324
9	AED 8,081	AED 24,243
10	AED 8,081	AED 16,162
11	AED 8,081	AED 8,081
12	AED 8,081	AED 0

Monthly Payment Composition

Interest: 88

Principal: 7993

Peugeot Traveller 2019 L3 VIP Car Loan Calculator FAQs in UAE

A car loan for the Peugeot Traveller 2019 L3 VIP in UAE is a financial product offered by banks to help you purchase the vehicle by borrowing the amount needed and repaying it in installments.
You can apply for a car loan by visiting a bank branch, filling out an application form, providing necessary documents like income proof and ID, and choosing the loan terms.
Yes, taking a car loan can affect your credit score. Timely payments can improve it, while missed payments can harm it.
Pay attention to the interest rates, repayment terms, any hidden fees, and ensure you can afford the monthly payments.
Factors include your credit history, the loan amount, the loan term, and the bank's current interest rates.