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.

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Sportage 1.6T-GDI EX DLX-11A Car Loan Calculator in UAE

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

Calculation Of Loans

Total Car PriceAED 97,650

Down PaymentAED 19,530

Monthly PaymentAED 6,581
Total CostAED 98,502
Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment Schedule	Monthly Payment	Remaining Amount
1	AED 6,581	AED 72,391
2	AED 6,581	AED 65,810
3	AED 6,581	AED 59,229
4	AED 6,581	AED 52,648
5	AED 6,581	AED 46,067
6	AED 6,581	AED 39,486
7	AED 6,581	AED 32,905
8	AED 6,581	AED 26,324
9	AED 6,581	AED 19,743
10	AED 6,581	AED 13,162
11	AED 6,581	AED 6,581
12	AED 6,581	AED 0

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Sportage 1.6T-GDI EX DLX-11A 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.