What are the typical loan terms for financing a Porsche Cayenne Coupe 2021 Turbo in the UAE?

Typical loan terms range from 12 to 60 months, with interest rates varying based on the lender and borrower’s credit profile.

How does applying for a car loan affect my credit score in the UAE?

Applying for a car loan can temporarily lower your credit score due to the hard inquiry, but timely repayments can improve it over time.

You typically need to provide proof of income, identification, residency visa, and bank statements.

Interest rates are influenced by the borrower's credit history, loan amount, loan term, and the bank's policies.

Most banks allow early repayment, but it’s essential to check if there are any prepayment penalties.

CarteaCar Loan Calculator

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

Total Car PriceAED 585,600

Down PaymentAED 117,120

Typical loan terms range from 12 to 60 months, with interest rates varying based on the lender and borrower’s credit profile.
Applying for a car loan can temporarily lower your credit score due to the hard inquiry, but timely repayments can improve it over time.
You typically need to provide proof of income, identification, residency visa, and bank statements.
Interest rates are influenced by the borrower's credit history, loan amount, loan term, and the bank's policies.
Most banks allow early repayment, but it’s essential to check if there are any prepayment penalties.