What is the car loan process for purchasing a Stelvio Super in UAE?

The car loan process typically involves applying for a loan through a bank or financing company, submitting necessary documents such as income proof and ID, and getting approval before finalizing the car purchase.

Will taking a car loan for the Stelvio Super affect my credit score?

Yes, taking a car loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments can negatively impact it.

What factors should I consider when applying for a car loan in UAE?

Consider interest rates, loan terms, repayment options, fees, and your financial situation before applying for a car loan.

What documents are required to apply for a car loan for the Stelvio Super?

You will typically need your Emirates ID, salary certificates, bank statements, and proof of residency when applying for a car loan.

What can affect the interest rate on my car loan in UAE?

Factors such as your credit score, loan amount, loan term, and the current economic conditions can affect the interest rate on your car loan.

CarteaCar Loan Calculator

Stelvio Super Car Loan Calculator in UAE

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

Monthly Payment

AED 17,515

Down Payment

AED 51,980

Total Cost

AED 262,160

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 17,515	AED 192,665
2	AED 17,515	AED 175,150
3	AED 17,515	AED 157,635
4	AED 17,515	AED 140,120
5	AED 17,515	AED 122,605
6	AED 17,515	AED 105,090
7	AED 17,515	AED 87,575
8	AED 17,515	AED 70,060
9	AED 17,515	AED 52,545
10	AED 17,515	AED 35,030
11	AED 17,515	AED 17,515
12	AED 17,515	AED 0

Monthly Payment Composition

Interest: 189

Principal: 17326

Stelvio Super Car Loan Calculator FAQs in UAE

The car loan process typically involves applying for a loan through a bank or financing company, submitting necessary documents such as income proof and ID, and getting approval before finalizing the car purchase.
Yes, taking a car loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments can negatively impact it.
Consider interest rates, loan terms, repayment options, fees, and your financial situation before applying for a car loan.
You will typically need your Emirates ID, salary certificates, bank statements, and proof of residency when applying for a car loan.
Factors such as your credit score, loan amount, loan term, and the current economic conditions can affect the interest rate on your car loan.