What is the process to apply for a car loan for the RAM 1500 2018 Express Regular Cab in UAE?

To apply for a car loan, you need to choose the vehicle, gather your financial documents, and approach a bank or financial institution in UAE. They will guide you through the application process.

Will taking a loan for the RAM 1500 2018 affect my credit score?

Yes, taking a loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.

What factors should I consider when choosing a car loan for the RAM 1500 2018?

Consider the interest rate, loan term, monthly payments, and any additional fees associated with the loan.

How does the loan amount affect the interest rate for the RAM 1500 2018?

Typically, larger loan amounts may lead to lower interest rates due to less perceived risk by lenders. However, this can vary by lender.

What documents do I need to provide for a car loan application in UAE?

You typically need to provide proof of income, identification documents, bank statements, and details of the vehicle you wish to purchase.

CarteaCar Loan Calculator

RAM 1500 2018 Express Regular Cab (Full Option) Car Loan Calculator in UAE

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

Monthly Payment

AED 9,368

Down Payment

AED 27,800

Total Cost

AED 140,216

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 9,368	AED 103,048
2	AED 9,368	AED 93,680
3	AED 9,368	AED 84,312
4	AED 9,368	AED 74,944
5	AED 9,368	AED 65,576
6	AED 9,368	AED 56,208
7	AED 9,368	AED 46,840
8	AED 9,368	AED 37,472
9	AED 9,368	AED 28,104
10	AED 9,368	AED 18,736
11	AED 9,368	AED 9,368
12	AED 9,368	AED 0

Monthly Payment Composition

Interest: 102

Principal: 9266

RAM 1500 2018 Express Regular Cab (Full Option) Car Loan Calculator FAQs in UAE

To apply for a car loan, you need to choose the vehicle, gather your financial documents, and approach a bank or financial institution in UAE. They will guide you through the application process.
Yes, taking a loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.
Consider the interest rate, loan term, monthly payments, and any additional fees associated with the loan.
Typically, larger loan amounts may lead to lower interest rates due to less perceived risk by lenders. However, this can vary by lender.
You typically need to provide proof of income, identification documents, bank statements, and details of the vehicle you wish to purchase.