What is the car loan process for purchasing a Staria 3.5L Van (6 Seater) in the UAE?

The car loan process typically involves selecting your vehicle, applying for a loan through a bank or financial institution, submitting necessary documents, and receiving approval before finalizing the purchase.

Will taking a loan for the Staria 3.5L Van (6 Seater) affect my credit score?

Yes, taking out a loan can affect your credit score, especially if you miss payments or default. However, timely repayments can improve your credit score.

What should I be aware of when applying for a car loan for a Staria 3.5L Van (6 Seater)?

You should be aware of the interest rates, loan terms, fees, and the total cost of the loan over time. It's also important to check your eligibility and gather necessary documents.

What factors can affect the loan interest rate for the Staria 3.5L Van (6 Seater)?

Factors include your credit score, loan amount, loan duration, the lender's policies, and current market interest rates.

Are there any additional costs to consider when financing the Staria 3.5L Van (6 Seater)?

Yes, additional costs may include insurance, registration fees, maintenance, and possible penalties for late payments.

CarteaCar Loan Calculator

Staria 3.5L Van (6 Seater) Car Loan Calculator in UAE

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

Monthly Payment

AED 7,077

Down Payment

AED 21,000

Total Cost

AED 105,924

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 7,077	AED 77,847
2	AED 7,077	AED 70,770
3	AED 7,077	AED 63,693
4	AED 7,077	AED 56,616
5	AED 7,077	AED 49,539
6	AED 7,077	AED 42,462
7	AED 7,077	AED 35,385
8	AED 7,077	AED 28,308
9	AED 7,077	AED 21,231
10	AED 7,077	AED 14,154
11	AED 7,077	AED 7,077
12	AED 7,077	AED 0

Monthly Payment Composition

Interest: 77

Principal: 7000

Staria 3.5L Van (6 Seater) Car Loan Calculator FAQs in UAE

The car loan process typically involves selecting your vehicle, applying for a loan through a bank or financial institution, submitting necessary documents, and receiving approval before finalizing the purchase.
Yes, taking out a loan can affect your credit score, especially if you miss payments or default. However, timely repayments can improve your credit score.
You should be aware of the interest rates, loan terms, fees, and the total cost of the loan over time. It's also important to check your eligibility and gather necessary documents.
Factors include your credit score, loan amount, loan duration, the lender's policies, and current market interest rates.
Yes, additional costs may include insurance, registration fees, maintenance, and possible penalties for late payments.