What is the financing process for purchasing the RX8 2.0T Black Edition (AWD) in the UAE?

The financing process typically involves applying for a loan through a bank or financial institution, providing necessary documentation, and then the lender will assess your creditworthiness before approving the loan.

Will taking a loan for the RX8 2.0T Black Edition (AWD) affect my credit score?

Yes, taking a loan can affect your credit score as it involves a hard inquiry on your credit report, and timely payments can improve your score while missed payments can lower it.

What should I consider before applying for a car loan for the RX8 2.0T Black Edition (AWD)?

Consider your budget, the interest rates offered by different lenders, the loan term, and any additional fees or insurance requirements.

What factors can affect the interest rate on my RX8 2.0T Black Edition (AWD) loan?

Factors include your credit score, the loan amount, your income level, and the current market conditions.

Are there any specific documents required to apply for a loan for the RX8 2.0T Black Edition (AWD)?

Yes, typically you will need to provide proof of income, identification documents, bank statements, and details of the car you wish to purchase.

CarteaCar Loan Calculator

RX8 2.0T Black Edition (AWD) Car Loan Calculator in UAE

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

Calculation Of Loans

Total Car PriceAED 120,000

Down PaymentAED 24,000

Monthly PaymentAED 8,087
Total CostAED 121,044
Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment Schedule	Monthly Payment	Remaining Amount
1	AED 8,087	AED 88,957
2	AED 8,087	AED 80,870
3	AED 8,087	AED 72,783
4	AED 8,087	AED 64,696
5	AED 8,087	AED 56,609
6	AED 8,087	AED 48,522
7	AED 8,087	AED 40,435
8	AED 8,087	AED 32,348
9	AED 8,087	AED 24,261
10	AED 8,087	AED 16,174
11	AED 8,087	AED 8,087
12	AED 8,087	AED 0

Car Finance Recommendation

Our Partnered Bank

In-house Team
Low Interset Rate
High Approval Rate

RX8 2.0T Black Edition (AWD) Car Loan Calculator FAQs in UAE

The financing process typically involves applying for a loan through a bank or financial institution, providing necessary documentation, and then the lender will assess your creditworthiness before approving the loan.
Yes, taking a loan can affect your credit score as it involves a hard inquiry on your credit report, and timely payments can improve your score while missed payments can lower it.
Consider your budget, the interest rates offered by different lenders, the loan term, and any additional fees or insurance requirements.
Factors include your credit score, the loan amount, your income level, and the current market conditions.
Yes, typically you will need to provide proof of income, identification documents, bank statements, and details of the car you wish to purchase.