What are the financing options available for purchasing the Q3 35 TFSI Advanced (150 HP) in the UAE?

In the UAE, you can choose between bank loans, dealership financing, or personal loans to finance your Q3 35 TFSI Advanced (150 HP). It's essential to compare interest rates and terms from different lenders.

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

Taking a car loan can have both positive and negative effects on your credit score. Timely payments can improve your score, while missed payments can harm it.

What documents are required to apply for a car loan in the UAE?

Typically, you will need your Emirates ID, proof of income, bank statements, and details of the car you wish to purchase. Some banks may request additional documentation.

What factors influence the interest rate on a car loan in the UAE?

Interest rates can be influenced by your credit score, the loan amount, the loan term, and the lender's policies. Economic conditions and central bank rates also play a role.

Are there any additional fees associated with car loans in the UAE?

Yes, there may be additional fees such as processing fees, insurance costs, and early repayment penalties. It's important to review the loan agreement carefully.

CarteaCar Loan Calculator

Q3 35 TFSI Advanced (150 HP) Car Loan Calculator in UAE

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

Monthly Payment

AED 14,146

Down Payment

AED 41,980

Total Cost

AED 211,732

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 14,146	AED 155,606
2	AED 14,146	AED 141,460
3	AED 14,146	AED 127,314
4	AED 14,146	AED 113,168
5	AED 14,146	AED 99,022
6	AED 14,146	AED 84,876
7	AED 14,146	AED 70,730
8	AED 14,146	AED 56,584
9	AED 14,146	AED 42,438
10	AED 14,146	AED 28,292
11	AED 14,146	AED 14,146
12	AED 14,146	AED 0

Monthly Payment Composition

Interest: 153

Principal: 13993

Q3 35 TFSI Advanced (150 HP) Car Loan Calculator FAQs in UAE

In the UAE, you can choose between bank loans, dealership financing, or personal loans to finance your Q3 35 TFSI Advanced (150 HP). It's essential to compare interest rates and terms from different lenders.
Taking a car loan can have both positive and negative effects on your credit score. Timely payments can improve your score, while missed payments can harm it.
Typically, you will need your Emirates ID, proof of income, bank statements, and details of the car you wish to purchase. Some banks may request additional documentation.
Interest rates can be influenced by your credit score, the loan amount, the loan term, and the lender's policies. Economic conditions and central bank rates also play a role.
Yes, there may be additional fees such as processing fees, insurance costs, and early repayment penalties. It's important to review the loan agreement carefully.