What are the typical loan terms for financing a Suzuki Ciaz 2018 1.4L Premium in the UAE?

Typical loan terms range from 1 to 5 years, with interest rates varying between 3% to 5% depending on the lender.

How does taking a car loan affect my credit score in the UAE?

Taking a car loan can affect your credit score positively if you make timely payments; however, missing payments can lead to a decrease in your score.

What documents are required to apply for a car loan for a Suzuki Ciaz 2018?

Common documents include proof of income, Emirates ID, passport, and a credit report.

What factors can affect the interest rate on my car loan?

Factors include your credit score, loan amount, loan duration, and the type of vehicle being financed.

Are there any hidden fees associated with car loans in the UAE?

Yes, some lenders may charge processing fees, early repayment fees, or insurance fees that should be discussed before finalizing the loan.

CarteaCar Loan Calculator

Suzuki Ciaz 2018 1.4L Premium Car Loan Calculator in UAE

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

Monthly Payment

AED 3,336

Down Payment

AED 9,900

Total Cost

AED 49,932

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 3,336	AED 36,696
2	AED 3,336	AED 33,360
3	AED 3,336	AED 30,024
4	AED 3,336	AED 26,688
5	AED 3,336	AED 23,352
6	AED 3,336	AED 20,016
7	AED 3,336	AED 16,680
8	AED 3,336	AED 13,344
9	AED 3,336	AED 10,008
10	AED 3,336	AED 6,672
11	AED 3,336	AED 3,336
12	AED 3,336	AED 0

Monthly Payment Composition

Interest: 36

Principal: 3300

Suzuki Ciaz 2018 1.4L Premium Car Loan Calculator FAQs in UAE

Typical loan terms range from 1 to 5 years, with interest rates varying between 3% to 5% depending on the lender.
Taking a car loan can affect your credit score positively if you make timely payments; however, missing payments can lead to a decrease in your score.
Common documents include proof of income, Emirates ID, passport, and a credit report.
Factors include your credit score, loan amount, loan duration, and the type of vehicle being financed.
Yes, some lenders may charge processing fees, early repayment fees, or insurance fees that should be discussed before finalizing the loan.