What are the typical loan terms for financing a RAM 1500 2018 Express Regular Cab in UAE?

The typical loan terms for financing a RAM 1500 2018 Express Regular Cab in UAE range from 12 to 60 months, with interest rates varying between 3% to 7% depending on the bank and your credit profile.

How does taking a loan for a RAM 1500 affect my credit score?

Taking a loan can impact your credit score positively if you make timely payments. However, missing payments can negatively affect your score.

What documents do I need to apply for a car loan for a RAM 1500 in UAE?

You will typically need to provide identification, proof of income, residency proof, and details of the vehicle you intend to purchase.

What factors influence the interest rate on my RAM 1500 loan in UAE?

Factors influencing the interest rate include your credit score, the loan amount, loan term, and the lender's policies.

Are there any fees associated with taking a car loan for a RAM 1500 in UAE?

Yes, there may be fees such as processing fees, documentation fees, and insurance requirements. It's important to clarify these with your lender.

CarteaCar Loan Calculator

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

The typical loan terms for financing a RAM 1500 2018 Express Regular Cab in UAE range from 12 to 60 months, with interest rates varying between 3% to 7% depending on the bank and your credit profile.
Taking a loan can impact your credit score positively if you make timely payments. However, missing payments can negatively affect your score.
You will typically need to provide identification, proof of income, residency proof, and details of the vehicle you intend to purchase.
Factors influencing the interest rate include your credit score, the loan amount, loan term, and the lender's policies.
Yes, there may be fees such as processing fees, documentation fees, and insurance requirements. It's important to clarify these with your lender.