What are the loan options available for purchasing a Renault Duster 2020 2.0L LE (4x4) in UAE?

In the UAE, you can choose between various auto loan options from banks and financial institutions, including fixed-rate loans and variable-rate loans, with terms typically ranging from 1 to 5 years.

How does taking an auto loan affect my credit score in UAE?

Taking an auto loan can impact your credit score positively if you make timely payments; however, missing payments can lead to a decrease in your score.

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

You typically need to provide identification, proof of income, bank statements, and details of the vehicle you intend to purchase.

What should I consider before taking an auto loan in UAE?

Consider the total cost of the loan, interest rates, your monthly budget, and any additional fees or charges that may be applicable.

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

Factors include your credit score, loan term, down payment amount, and the overall market interest rates.

CarteaCar Loan Calculator

Renault Duster 2020 2.0L LE (4x4) 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 2.0L LE (4x4) Car Loan Calculator FAQs in UAE

In the UAE, you can choose between various auto loan options from banks and financial institutions, including fixed-rate loans and variable-rate loans, with terms typically ranging from 1 to 5 years.
Taking an auto loan can impact your credit score positively if you make timely payments; however, missing payments can lead to a decrease in your score.
You typically need to provide identification, proof of income, bank statements, and details of the vehicle you intend to purchase.
Consider the total cost of the loan, interest rates, your monthly budget, and any additional fees or charges that may be applicable.
Factors include your credit score, loan term, down payment amount, and the overall market interest rates.