What are the financing options available for purchasing the Sportage 1.6T-GDI EX (AWD) in UAE?

In the UAE, you can choose between bank loans, dealership financing, and personal loans to finance your Sportage 1.6T-GDI EX (AWD). Each option has its own terms and conditions.

How does taking a loan for the Sportage 1.6T-GDI EX (AWD) affect my credit score?

Taking a loan will impact your credit score. It can improve your score if you make timely payments, but missing payments can negatively affect it.

What are the key factors to consider when applying for a car loan for the Sportage 1.6T-GDI EX (AWD)?

Consider your monthly budget, interest rates, loan terms, and your credit history before applying for a loan.

What documents do I need to provide for a car loan application for the Sportage 1.6T-GDI EX (AWD)?

You typically need to provide your Emirates ID, salary certificate, bank statements, and proof of residence.

What factors can affect the interest rate on my car loan for the Sportage 1.6T-GDI EX (AWD)?

Factors include your credit score, loan amount, loan term, and the bank's current interest rates.

CarteaCar Loan Calculator

Sportage 1.6T-GDI EX (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 136,000

Down PaymentAED 27,200

Monthly PaymentAED 9,166
Total CostAED 137,192
Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment Schedule	Monthly Payment	Remaining Amount
1	AED 9,166	AED 100,826
2	AED 9,166	AED 91,660
3	AED 9,166	AED 82,494
4	AED 9,166	AED 73,328
5	AED 9,166	AED 64,162
6	AED 9,166	AED 54,996
7	AED 9,166	AED 45,830
8	AED 9,166	AED 36,664
9	AED 9,166	AED 27,498
10	AED 9,166	AED 18,332
11	AED 9,166	AED 9,166
12	AED 9,166	AED 0

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Sportage 1.6T-GDI EX (AWD) Car Loan Calculator FAQs in UAE

In the UAE, you can choose between bank loans, dealership financing, and personal loans to finance your Sportage 1.6T-GDI EX (AWD). Each option has its own terms and conditions.
Taking a loan will impact your credit score. It can improve your score if you make timely payments, but missing payments can negatively affect it.
Consider your monthly budget, interest rates, loan terms, and your credit history before applying for a loan.
You typically need to provide your Emirates ID, salary certificate, bank statements, and proof of residence.
Factors include your credit score, loan amount, loan term, and the bank's current interest rates.