What is the loan process for purchasing a Prado GXL 2.4T in the UAE?

To purchase a Prado GXL 2.4T in the UAE, you typically need to apply for an auto loan through a bank or financial institution. The process involves submitting required documents, including proof of income, identification, and vehicle details. After approval, you will receive the loan amount to buy the car.

Will taking a loan for the Prado GXL 2.4T affect my credit score?

Yes, taking a loan can impact your credit score. If you make timely payments, it can improve your score. However, missing payments may lower it. Banks will assess your credit history when approving the loan.

What factors should I consider when applying for an auto loan?

When applying for an auto loan, consider the interest rate, loan term, monthly payments, and any additional fees. It's also important to check your credit score and ensure it meets the lender's requirements.

What are the common interest rates for auto loans in the UAE?

Common interest rates for auto loans in the UAE typically range from 3% to 5% per annum, depending on the bank and the borrower's credit profile. It's advisable to compare rates from different lenders to find the best deal.

What documents do I need to provide for a Prado GXL 2.4T loan application?

You will typically need to provide identification (such as a passport or Emirates ID), proof of income (salary slips or bank statements), a credit report, and details about the vehicle you wish to purchase.

CarteaCar Loan Calculator

Prado GXL 2.4T Car Loan Calculator in UAE

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

Calculation Of Loans

Total Car Price-

Down PaymentAED 45,980

Monthly PaymentAED 184,227
Total CostAED 230,207
Loan Period1 Month

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 184,227	AED 0

Car Finance Recommendation

Our Partnered Bank

In-house Team
Low Interset Rate
High Approval Rate

Prado GXL 2.4T Car Loan Calculator FAQs in UAE

To purchase a Prado GXL 2.4T in the UAE, you typically need to apply for an auto loan through a bank or financial institution. The process involves submitting required documents, including proof of income, identification, and vehicle details. After approval, you will receive the loan amount to buy the car.
Yes, taking a loan can impact your credit score. If you make timely payments, it can improve your score. However, missing payments may lower it. Banks will assess your credit history when approving the loan.
When applying for an auto loan, consider the interest rate, loan term, monthly payments, and any additional fees. It's also important to check your credit score and ensure it meets the lender's requirements.
Common interest rates for auto loans in the UAE typically range from 3% to 5% per annum, depending on the bank and the borrower's credit profile. It's advisable to compare rates from different lenders to find the best deal.
You will typically need to provide identification (such as a passport or Emirates ID), proof of income (salary slips or bank statements), a credit report, and details about the vehicle you wish to purchase.

Popular Cars in UAE

Toyota Hilux

AED 77.0k ~ 169.9k

Toyota Land Cruiser

AED 215.9k ~ 399.9k

Toyota Prado

AED 199.9k ~ 264.9k

Toyota Land Cruiser Pick Up

AED 150.7k ~ 151.2k

Toyota Fortuner

AED 114.9k ~ 175.8k

Toyota RAV4

AED 99.9k ~ 152.9k

Toyota Hiace

AED 95.5k ~ 142.0k

Toyota Camry

AED 91.0k ~ 146.4k

Toyota Highlander

AED 84.7k ~ 199.9k

Toyota Corolla

AED 70.9k ~ 95.9k

Toyota Corolla Cross

AED 89.9k ~ 109.9k

Toyota Coaster

AED 193.2k ~ 220.5k

Toyota Rush

AED 68.5k ~ 76.9k

Toyota Grand Highlander

AED 156.9k ~ 181.9k

Toyota Tundra

AED 235.0k

Toyota Raize

AED 59.0k ~ 777.6k

Toyota Granvia

AED 177.0k ~ 211.9k

Toyota Veloz

AED 80.9k

Toyota FJ Cruiser

AED 147.0k ~ 200.3k

Toyota Yaris

AED 58.7k ~ 74.1k

Toyota Sequoia

AED 345.0k ~ 445.0k

Toyota Crown

AED 199.9k ~ 229.9k

Toyota Urban Cruiser

AED 79.9k ~ 84.9k

Toyota CHR

AED 86.9k ~ 102.9k

Toyota Tacoma

AED 200.0k

Toyota Avalon

AED 144.9k ~ 164.9k

Toyota Innova

AED 97.0k ~ 138.9k

Toyota Lite Ace

AED 74.9k

Toyota 4Runner

AED 170.0k

Toyota Sienna

AED 150.5k

Toyota Alphard

AED 430.0k

Toyota bZ3

AED 140.0k

Toyota Prius

AED 87.0k ~ 105.0k

Toyota GR86

AED 130.5k

Toyota Avanza

AED 63.5k ~ 67.5k

Toyota Century

AED 500.0k

Toyota Century SUV

AED 650.0k

Toyota Land Cruiser 70

AED 169.9k ~ 179.9k

Toyota Previa

AED 132.2k ~ 144.8k

Toyota Supra

AED 179.9k ~ 218.9k

Toyota Vellfire

AED 2.2m

Toyota Yaris Sedan

AED 59.9k ~ 79.9k

Toyota Camry HEV

AED 142.9k

Toyota Land Cruiser Hybrid

AED 389.9k ~ 409.9k