What are the financing options available for purchasing an RX 350 F Sport 2.4L in the UAE?

In the UAE, you can choose between bank loans, dealership financing, and personal loans for purchasing an RX 350 F Sport 2.4L. Each option has different interest rates and terms.

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

Taking a loan can impact your credit score positively if you make timely payments. However, missing payments can have a negative effect.

What documents are required for applying for a car loan for an RX 350 F Sport 2.4L?

You will typically need your Emirates ID, salary certificate, bank statements, and the vehicle's details for the loan application.

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

The interest rate on your car loan can be influenced by factors such as your credit score, the loan amount, the loan term, and the lender’s policies.

Is it better to get a loan through a bank or dealership for the RX 350 F Sport 2.4L?

It depends on your financial situation. Banks usually offer better interest rates, while dealerships may provide easier approval processes and additional incentives.

CarteaCar Loan Calculator

RX 350 F Sport 2.4L Car Loan Calculator in UAE

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

Monthly Payment

AED 21,903

Down Payment

AED 65,000

Total Cost

AED 327,836

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 21,903	AED 240,933
2	AED 21,903	AED 219,030
3	AED 21,903	AED 197,127
4	AED 21,903	AED 175,224
5	AED 21,903	AED 153,321
6	AED 21,903	AED 131,418
7	AED 21,903	AED 109,515
8	AED 21,903	AED 87,612
9	AED 21,903	AED 65,709
10	AED 21,903	AED 43,806
11	AED 21,903	AED 21,903
12	AED 21,903	AED 0

Monthly Payment Composition

Interest: 237

Principal: 21666

RX 350 F Sport 2.4L Car Loan Calculator FAQs in UAE

In the UAE, you can choose between bank loans, dealership financing, and personal loans for purchasing an RX 350 F Sport 2.4L. Each option has different interest rates and terms.
Taking a loan can impact your credit score positively if you make timely payments. However, missing payments can have a negative effect.
You will typically need your Emirates ID, salary certificate, bank statements, and the vehicle's details for the loan application.
The interest rate on your car loan can be influenced by factors such as your credit score, the loan amount, the loan term, and the lender’s policies.
It depends on your financial situation. Banks usually offer better interest rates, while dealerships may provide easier approval processes and additional incentives.