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

In UAE, you can choose from various loan options such as fixed-rate loans, variable-rate loans, and balloon loans depending on your financial situation and preferences.

How can I apply for a car loan for the Renault Duster 2020 in UAE?

You can apply for a car loan online through your bank's website or visit a local branch. You will need to provide documents such as your ID, proof of income, and details of the vehicle.

Will taking a car loan affect my credit score in UAE?

Yes, taking a car loan can impact your credit score. Timely payments can improve your score, while missed payments can lower it.

What should I consider before taking a car loan for the Renault Duster 2020?

Consider the interest rate, loan term, your repayment capability, and any additional fees associated with the loan. Always compare offers from different banks.

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 economic conditions in the region.

CarteaCar Loan Calculator

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

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

Monthly Payment

AED 4,111

Down Payment

AED 12,200

Total Cost

AED 61,532

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 4,111	AED 45,221
2	AED 4,111	AED 41,110
3	AED 4,111	AED 36,999
4	AED 4,111	AED 32,888
5	AED 4,111	AED 28,777
6	AED 4,111	AED 24,666
7	AED 4,111	AED 20,555
8	AED 4,111	AED 16,444
9	AED 4,111	AED 12,333
10	AED 4,111	AED 8,222
11	AED 4,111	AED 4,111
12	AED 4,111	AED 0

Monthly Payment Composition

Interest: 45

Principal: 4066

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

In UAE, you can choose from various loan options such as fixed-rate loans, variable-rate loans, and balloon loans depending on your financial situation and preferences.
You can apply for a car loan online through your bank's website or visit a local branch. You will need to provide documents such as your ID, proof of income, and details of the vehicle.
Yes, taking a car loan can impact your credit score. Timely payments can improve your score, while missed payments can lower it.
Consider the interest rate, loan term, your repayment capability, and any additional fees associated with the loan. Always compare offers from different banks.
Factors that can affect the interest rate include your credit score, the loan amount, the loan term, and the economic conditions in the region.