What are the loan options available for purchasing a Renault Captur 2018 1.2L LE in UAE?

In the UAE, you can choose between various loan options such as fixed-rate loans, variable-rate loans, and Islamic financing options specific to car purchases.

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

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

What documents are required to apply for a car loan for Renault Captur 2018 in UAE?

Typically, you will need to provide your Emirates ID, proof of income, bank statements, and details about the vehicle you wish to purchase.

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

Factors that can affect the interest rate include your credit score, the loan amount, the loan term, and the bank's current policies.

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

Yes, there may be processing fees, early repayment fees, and insurance costs that you should consider when taking a car loan.

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Renault Captur 2018 1.2L LE Car Loan Calculator in UAE

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

Monthly Payment

AED 4,779

Down Payment

AED 14,180

Total Cost

AED 71,528

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 4,779	AED 52,569
2	AED 4,779	AED 47,790
3	AED 4,779	AED 43,011
4	AED 4,779	AED 38,232
5	AED 4,779	AED 33,453
6	AED 4,779	AED 28,674
7	AED 4,779	AED 23,895
8	AED 4,779	AED 19,116
9	AED 4,779	AED 14,337
10	AED 4,779	AED 9,558
11	AED 4,779	AED 4,779
12	AED 4,779	AED 0

Monthly Payment Composition

Interest: 53

Principal: 4726

Renault Captur 2018 1.2L LE Car Loan Calculator FAQs in UAE

In the UAE, you can choose between various loan options such as fixed-rate loans, variable-rate loans, and Islamic financing options specific to car purchases.
Taking a car loan can affect your credit score positively if you make timely payments, but missed payments can negatively impact your score.
Typically, you will need to provide your Emirates ID, proof of income, bank statements, and details about the vehicle you wish to purchase.
Factors that can affect the interest rate include your credit score, the loan amount, the loan term, and the bank's current policies.
Yes, there may be processing fees, early repayment fees, and insurance costs that you should consider when taking a car loan.