What are the loan options available for purchasing a RAV4 2.5L (2WD) VX in the UAE?

In the UAE, you can find various loan options for the RAV4 2.5L (2WD) VX, including personal loans from banks, dealership financing, and Islamic finance options.

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

Taking a car loan can impact your credit score. Timely payments can improve your score, while missed payments can damage it.

What documents are required to apply for a car loan for the RAV4 2.5L (2WD) VX?

Typically, you will need your Emirates ID, salary certificate, bank statements, and proof of residence.

What factors can affect the interest rate of my car loan in the UAE?

Factors include your credit history, the loan amount, the loan term, and the bank's policies.

Are there any prepayment penalties for car loans in the UAE?

Some banks may charge prepayment penalties, while others may not. It's important to check the terms of your loan agreement.

CarteaCar Loan Calculator

RAV4 2.5L (2WD) VX Car Loan Calculator in UAE

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

Monthly Payment

AED 8,350

Down Payment

AED 24,780

Total Cost

AED 124,980

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 8,350	AED 91,850
2	AED 8,350	AED 83,500
3	AED 8,350	AED 75,150
4	AED 8,350	AED 66,800
5	AED 8,350	AED 58,450
6	AED 8,350	AED 50,100
7	AED 8,350	AED 41,750
8	AED 8,350	AED 33,400
9	AED 8,350	AED 25,050
10	AED 8,350	AED 16,700
11	AED 8,350	AED 8,350
12	AED 8,350	AED 0

Monthly Payment Composition

Interest: 90

Principal: 8260

RAV4 2.5L (2WD) VX Car Loan Calculator FAQs in UAE

In the UAE, you can find various loan options for the RAV4 2.5L (2WD) VX, including personal loans from banks, dealership financing, and Islamic finance options.
Taking a car loan can impact your credit score. Timely payments can improve your score, while missed payments can damage it.
Typically, you will need your Emirates ID, salary certificate, bank statements, and proof of residence.
Factors include your credit history, the loan amount, the loan term, and the bank's policies.
Some banks may charge prepayment penalties, while others may not. It's important to check the terms of your loan agreement.