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.

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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

Calculation Of Loans

Total Car PriceAED 77,500

Down PaymentAED 15,500

Monthly PaymentAED 5,223
Total CostAED 78,176
Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment Schedule	Monthly Payment	Remaining Amount
1	AED 5,223	AED 57,453
2	AED 5,223	AED 52,230
3	AED 5,223	AED 47,007
4	AED 5,223	AED 41,784
5	AED 5,223	AED 36,561
6	AED 5,223	AED 31,338
7	AED 5,223	AED 26,115
8	AED 5,223	AED 20,892
9	AED 5,223	AED 15,669
10	AED 5,223	AED 10,446
11	AED 5,223	AED 5,223
12	AED 5,223	AED 0

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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.