What are the financing options available for purchasing a Suzuki Ertiga 2018 1.4L GL in UAE?

In the UAE, you can choose from various financing options including traditional bank loans, Islamic financing, and dealership financing for the Suzuki Ertiga 2018 1.4L GL.

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

Taking a car loan can impact your credit score positively if you make payments on time. However, missing payments can negatively affect your score.

What documents do I need to apply for a car loan for Suzuki Ertiga 2018 1.4L GL?

Typically, you will need to provide your Emirates ID, passport, salary certificate, bank statements, and a copy of the vehicle's registration.

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

Factors that can affect the interest rate include your credit score, the loan amount, the loan term, and the lender's policies.

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

Yes, some lenders may charge processing fees, insurance fees, and early repayment fees. It's important to read the loan agreement carefully.

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Suzuki Ertiga 2018 1.4L GL Car Loan Calculator in UAE

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

Monthly Payment

AED 3,700

Down Payment

AED 10,980

Total Cost

AED 55,380

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 3,700	AED 40,700
2	AED 3,700	AED 37,000
3	AED 3,700	AED 33,300
4	AED 3,700	AED 29,600
5	AED 3,700	AED 25,900
6	AED 3,700	AED 22,200
7	AED 3,700	AED 18,500
8	AED 3,700	AED 14,800
9	AED 3,700	AED 11,100
10	AED 3,700	AED 7,400
11	AED 3,700	AED 3,700
12	AED 3,700	AED 0

Monthly Payment Composition

Interest: 40

Principal: 3660

Suzuki Ertiga 2018 1.4L GL Car Loan Calculator FAQs in UAE

In the UAE, you can choose from various financing options including traditional bank loans, Islamic financing, and dealership financing for the Suzuki Ertiga 2018 1.4L GL.
Taking a car loan can impact your credit score positively if you make payments on time. However, missing payments can negatively affect your score.
Typically, you will need to provide your Emirates ID, passport, salary certificate, bank statements, and a copy of the vehicle's registration.
Factors that can affect the interest rate include your credit score, the loan amount, the loan term, and the lender's policies.
Yes, some lenders may charge processing fees, insurance fees, and early repayment fees. It's important to read the loan agreement carefully.