What is the financing process for purchasing a Staria 3.5L Van (3 Seater) in the UAE?

The financing process typically involves selecting a lender, submitting an application, providing necessary documents, and receiving approval based on your creditworthiness.

Will applying for a car loan affect my credit score?

Yes, applying for a car loan can impact your credit score, as lenders will perform a hard inquiry on your credit report.

What are the key documents required for a car loan application?

Commonly required documents include proof of identity, income verification, bank statements, and details about the vehicle.

What factors can influence the loan interest rates for a Staria 3.5L Van?

Interest rates can be influenced by your credit score, the loan term, the lender's policies, and current market conditions.

What should I be cautious about when taking a car loan?

Be cautious about the total cost of the loan, hidden fees, the loan duration, and ensure you can meet the monthly repayments.

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Staria 3.5L Van (3 Seater) Car Loan Calculator in UAE

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

Monthly Payment

AED 6,942

Down Payment

AED 20,600

Total Cost

AED 103,904

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 6,942	AED 76,362
2	AED 6,942	AED 69,420
3	AED 6,942	AED 62,478
4	AED 6,942	AED 55,536
5	AED 6,942	AED 48,594
6	AED 6,942	AED 41,652
7	AED 6,942	AED 34,710
8	AED 6,942	AED 27,768
9	AED 6,942	AED 20,826
10	AED 6,942	AED 13,884
11	AED 6,942	AED 6,942
12	AED 6,942	AED 0

Monthly Payment Composition

Interest: 76

Principal: 6866

Staria 3.5L Van (3 Seater) Car Loan Calculator FAQs in UAE

The financing process typically involves selecting a lender, submitting an application, providing necessary documents, and receiving approval based on your creditworthiness.
Yes, applying for a car loan can impact your credit score, as lenders will perform a hard inquiry on your credit report.
Commonly required documents include proof of identity, income verification, bank statements, and details about the vehicle.
Interest rates can be influenced by your credit score, the loan term, the lender's policies, and current market conditions.
Be cautious about the total cost of the loan, hidden fees, the loan duration, and ensure you can meet the monthly repayments.