What are the financing options available for purchasing a Renault Duster 2020 1.6L PE (4x2) in the UAE?

In the UAE, you can choose from various financing options such as bank loans, dealership financing, and personal loans. Each option has different terms and interest rates.

How does taking a loan for a Renault Duster affect my credit score in the UAE?

Taking a loan can impact your credit score positively if you make timely payments, but late payments can lower your score.

What documents are required to apply for a car loan for Renault Duster 2020 in the UAE?

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

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

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

Are there any hidden fees associated with car loans in the UAE?

Yes, some lenders may charge processing fees, early repayment fees, or insurance costs, so it's important to read the loan agreement carefully.

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Renault Duster 2020 1.6L PE (4x2) Car Loan Calculator in UAE

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

Monthly Payment

AED 3,498

Down Payment

AED 10,380

Total Cost

AED 52,356

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 3,498	AED 38,478
2	AED 3,498	AED 34,980
3	AED 3,498	AED 31,482
4	AED 3,498	AED 27,984
5	AED 3,498	AED 24,486
6	AED 3,498	AED 20,988
7	AED 3,498	AED 17,490
8	AED 3,498	AED 13,992
9	AED 3,498	AED 10,494
10	AED 3,498	AED 6,996
11	AED 3,498	AED 3,498
12	AED 3,498	AED 0

Monthly Payment Composition

Interest: 38

Principal: 3460

Renault Duster 2020 1.6L PE (4x2) Car Loan Calculator FAQs in UAE

In the UAE, you can choose from various financing options such as bank loans, dealership financing, and personal loans. Each option has different terms and interest rates.
Taking a loan can impact your credit score positively if you make timely payments, but late payments can lower your score.
You typically need to provide proof of identity, proof of income, bank statements, and details about the vehicle you wish to purchase.
Factors include your credit score, the loan amount, the loan term, and the lender's policies.
Yes, some lenders may charge processing fees, early repayment fees, or insurance costs, so it's important to read the loan agreement carefully.