What are the loan options available for purchasing the Prado Adventure Mono Tone 2.4T in the UAE?

In the UAE, you can opt for either a bank loan or a dealership financing option for purchasing the Prado Adventure Mono Tone 2.4T. Both options have different interest rates and terms.

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

Taking a car loan can impact your credit score positively or negatively depending on your repayment behavior. Timely payments can improve your score, while missed payments can harm it.

What should I consider before applying for a car loan for the Prado Adventure Mono Tone 2.4T?

Consider your monthly budget, interest rates, loan tenure, and any additional fees associated with the loan before applying. It's also wise to check your credit score.

What are the factors that can influence the car loan interest rates in the UAE?

Factors affecting car loan interest rates include your credit score, the loan amount, the term of the loan, and the lender's policies.

Is it possible to pay off my car loan early for the Prado Adventure Mono Tone 2.4T?

Yes, many lenders allow early repayment of car loans, but some may charge a penalty fee. It's important to check your loan agreement for any stipulations.

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Prado Adventure Mono Tone 2.4T Car Loan Calculator in UAE

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

Monthly Payment

AED 17,178

Down Payment

AED 50,980

Total Cost

AED 257,116

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 17,178	AED 188,958
2	AED 17,178	AED 171,780
3	AED 17,178	AED 154,602
4	AED 17,178	AED 137,424
5	AED 17,178	AED 120,246
6	AED 17,178	AED 103,068
7	AED 17,178	AED 85,890
8	AED 17,178	AED 68,712
9	AED 17,178	AED 51,534
10	AED 17,178	AED 34,356
11	AED 17,178	AED 17,178
12	AED 17,178	AED 0

Monthly Payment Composition

Interest: 185

Principal: 16993

Prado Adventure Mono Tone 2.4T Car Loan Calculator FAQs in UAE

In the UAE, you can opt for either a bank loan or a dealership financing option for purchasing the Prado Adventure Mono Tone 2.4T. Both options have different interest rates and terms.
Taking a car loan can impact your credit score positively or negatively depending on your repayment behavior. Timely payments can improve your score, while missed payments can harm it.
Consider your monthly budget, interest rates, loan tenure, and any additional fees associated with the loan before applying. It's also wise to check your credit score.
Factors affecting car loan interest rates include your credit score, the loan amount, the term of the loan, and the lender's policies.
Yes, many lenders allow early repayment of car loans, but some may charge a penalty fee. It's important to check your loan agreement for any stipulations.