What are the requirements to apply for a car loan for the 2017 Porsche Cayenne Platinum Edition in UAE?

Typically, you will need a valid Emirates ID, proof of income, bank statements, and a good credit score.

How does taking a car loan affect my credit score in UAE?

Taking a car loan can initially lower your credit score due to the hard inquiry, but timely repayments can improve your score over time.

Consider the interest rate, loan tenure, monthly payments, and any additional fees like processing fees or insurance.

Yes, refinancing is possible if you find a better interest rate or terms, but check if there are prepayment penalties.

The loan amount typically depends on your income and credit score, but you can generally finance up to 80-90% of the car's value.

CarteaCar Loan Calculator

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

Total Car Price-

Down Payment-

Typically, you will need a valid Emirates ID, proof of income, bank statements, and a good credit score.
Taking a car loan can initially lower your credit score due to the hard inquiry, but timely repayments can improve your score over time.
Consider the interest rate, loan tenure, monthly payments, and any additional fees like processing fees or insurance.
Yes, refinancing is possible if you find a better interest rate or terms, but check if there are prepayment penalties.
The loan amount typically depends on your income and credit score, but you can generally finance up to 80-90% of the car's value.