Spark 1.4L LT Car Loan Calculator in UAE

The car loan process typically involves applying at a bank or financial institution, providing necessary documents, receiving approval, and signing the loan agreement before purchasing the vehicle.

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

Factors influencing the loan interest rate include your credit score, loan tenure, down payment, and the bank's policies.

Consider your budget, repayment ability, total cost of the loan, and the terms and conditions from the lender.

Yes, additional fees may include processing fees, insurance costs, and early repayment penalties depending on the lender.