What is the car loan process for purchasing a Staria 3.5L Comfort (9 Seater) in UAE?

The car loan process typically involves choosing a bank, submitting required documents (like salary certificates, ID), and completing a loan application. Once approved, you can finalize the purchase.

Will taking a car loan for the Staria 3.5L Comfort (9 Seater) affect my credit score?

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

What factors should I consider when applying for a car loan for the Staria 3.5L Comfort (9 Seater)?

Consider your income, the down payment amount, the interest rate, loan term, and your existing debts before applying.

What are the common interest rates for car loans in UAE for the Staria 3.5L Comfort (9 Seater)?

Interest rates for car loans in UAE typically range from 3% to 6%, depending on the bank and your credit profile.

What documents do I need to apply for a car loan for the Staria 3.5L Comfort (9 Seater)?

You will typically need a copy of your ID, salary certificate, bank statements, and proof of residence.

CarteaCar Loan Calculator

Staria 3.5L Comfort (9 Seater) Car Loan Calculator in UAE

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

Monthly Payment

AED 7,750

Down Payment

AED 23,000

Total Cost

AED 116,000

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 7,750	AED 85,250
2	AED 7,750	AED 77,500
3	AED 7,750	AED 69,750
4	AED 7,750	AED 62,000
5	AED 7,750	AED 54,250
6	AED 7,750	AED 46,500
7	AED 7,750	AED 38,750
8	AED 7,750	AED 31,000
9	AED 7,750	AED 23,250
10	AED 7,750	AED 15,500
11	AED 7,750	AED 7,750
12	AED 7,750	AED 0

Monthly Payment Composition

Interest: 84

Principal: 7666

Staria 3.5L Comfort (9 Seater) Car Loan Calculator FAQs in UAE

The car loan process typically involves choosing a bank, submitting required documents (like salary certificates, ID), and completing a loan application. Once approved, you can finalize the purchase.
Yes, taking a car loan can affect your credit score. Timely payments can improve it, while missed payments can lower it.
Consider your income, the down payment amount, the interest rate, loan term, and your existing debts before applying.
Interest rates for car loans in UAE typically range from 3% to 6%, depending on the bank and your credit profile.
You will typically need a copy of your ID, salary certificate, bank statements, and proof of residence.