What financing options are available for purchasing the Stinger 2.0T (255 PS) in UAE?

In the UAE, you can typically choose from bank loans, dealership financing, or personal loans for purchasing the Stinger 2.0T (255 PS). Each option has different terms and interest rates.

How does taking a loan for the Stinger 2.0T (255 PS) affect my credit score?

Taking a loan can impact your credit score positively if you make timely payments, but missing payments can negatively affect it. Lenders will review your credit history before approving a loan.

What documents are required to apply for a car loan for the Stinger 2.0T (255 PS)?

Typically, you will need your Emirates ID, proof of income (such as payslips), bank statements, and details about the vehicle you are purchasing.

What factors can affect the interest rate on my car loan for the Stinger 2.0T (255 PS)?

Factors include your credit score, loan amount, loan term, and the lender's policies. Generally, better credit scores can lead to lower interest rates.

Are there any hidden fees associated with the car loan for the Stinger 2.0T (255 PS)?

Yes, some loans may have processing fees, early repayment penalties, or insurance requirements. It's important to read the loan agreement carefully.

CarteaCar Loan Calculator

Stinger 2.0T (255 PS) Car Loan Calculator in UAE

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

Monthly Payment

AED 9,300

Down Payment

AED 27,600

Total Cost

AED 139,200

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 9,300	AED 102,300
2	AED 9,300	AED 93,000
3	AED 9,300	AED 83,700
4	AED 9,300	AED 74,400
5	AED 9,300	AED 65,100
6	AED 9,300	AED 55,800
7	AED 9,300	AED 46,500
8	AED 9,300	AED 37,200
9	AED 9,300	AED 27,900
10	AED 9,300	AED 18,600
11	AED 9,300	AED 9,300
12	AED 9,300	AED 0

Monthly Payment Composition

Interest: 100

Principal: 9200

Stinger 2.0T (255 PS) Car Loan Calculator FAQs in UAE

In the UAE, you can typically choose from bank loans, dealership financing, or personal loans for purchasing the Stinger 2.0T (255 PS). Each option has different terms and interest rates.
Taking a loan can impact your credit score positively if you make timely payments, but missing payments can negatively affect it. Lenders will review your credit history before approving a loan.
Typically, you will need your Emirates ID, proof of income (such as payslips), bank statements, and details about the vehicle you are purchasing.
Factors include your credit score, loan amount, loan term, and the lender's policies. Generally, better credit scores can lead to lower interest rates.
Yes, some loans may have processing fees, early repayment penalties, or insurance requirements. It's important to read the loan agreement carefully.