What are the requirements for obtaining a car loan for a RAM 1500 2019 5.7L Laramie (Double Cab) in the UAE?

To obtain a car loan for a RAM 1500 2019, you typically need to provide identification, proof of income, a good credit score, and details of the vehicle including its price.

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

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

What interest rates can I expect for a car loan on a RAM 1500 2019 in the UAE?

Interest rates for car loans in the UAE can vary, but you can generally expect rates between 3% to 5% depending on the bank and your creditworthiness.

What should I be aware of when applying for a car loan in the UAE?

When applying for a car loan, be aware of the total cost including interest, fees, and insurance, as well as the loan term and monthly payments.

What factors can influence the loan approval process for a RAM 1500 2019 in the UAE?

Factors that can influence loan approval include your credit history, income level, existing debts, and the vehicle's value.

CarteaCar Loan Calculator

RAM 1500 2019 5.7L Laramie (Double Cab) Car Loan Calculator in UAE

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

Monthly Payment

AED 6,733

Down Payment

AED 19,980

Total Cost

AED 100,776

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 6,733	AED 74,063
2	AED 6,733	AED 67,330
3	AED 6,733	AED 60,597
4	AED 6,733	AED 53,864
5	AED 6,733	AED 47,131
6	AED 6,733	AED 40,398
7	AED 6,733	AED 33,665
8	AED 6,733	AED 26,932
9	AED 6,733	AED 20,199
10	AED 6,733	AED 13,466
11	AED 6,733	AED 6,733
12	AED 6,733	AED 0

Monthly Payment Composition

Interest: 73

Principal: 6660

RAM 1500 2019 5.7L Laramie (Double Cab) Car Loan Calculator FAQs in UAE

To obtain a car loan for a RAM 1500 2019, you typically need to provide identification, proof of income, a good credit score, and details of the vehicle including its price.
Taking a car loan can affect your credit score positively if you make timely payments, but missing payments can negatively impact your credit rating.
Interest rates for car loans in the UAE can vary, but you can generally expect rates between 3% to 5% depending on the bank and your creditworthiness.
When applying for a car loan, be aware of the total cost including interest, fees, and insurance, as well as the loan term and monthly payments.
Factors that can influence loan approval include your credit history, income level, existing debts, and the vehicle's value.