What are the available car loan options for purchasing a Suzuki Ertiga 2018 1.4L GLX in the UAE?

In the UAE, you can choose between various car loan options including conventional loans, Islamic financing, and leasing options from banks and financial institutions.

How do I apply for a car loan for Suzuki Ertiga 2018 1.4L GLX?

To apply for a car loan, you generally need to provide proof of income, identification, and details about the vehicle. You can apply online or visit a bank branch.

Will taking a car loan affect my credit score?

Yes, taking a car loan can affect your credit score. Making timely payments can improve it, while missed payments can lower it.

What should I consider before taking a car loan?

Consider the total cost of the loan, interest rates, loan terms, monthly payments, and your budget to ensure affordability.

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

Factors include your credit score, loan term, the age of the vehicle, and the lender's policies.

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Suzuki Ertiga 2018 1.4L GLX Car Loan Calculator in UAE

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

Monthly Payment

AED 3,970

Down Payment

AED 11,780

Total Cost

AED 59,420

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 3,970	AED 43,670
2	AED 3,970	AED 39,700
3	AED 3,970	AED 35,730
4	AED 3,970	AED 31,760
5	AED 3,970	AED 27,790
6	AED 3,970	AED 23,820
7	AED 3,970	AED 19,850
8	AED 3,970	AED 15,880
9	AED 3,970	AED 11,910
10	AED 3,970	AED 7,940
11	AED 3,970	AED 3,970
12	AED 3,970	AED 0

Monthly Payment Composition

Interest: 44

Principal: 3926

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

In the UAE, you can choose between various car loan options including conventional loans, Islamic financing, and leasing options from banks and financial institutions.
To apply for a car loan, you generally need to provide proof of income, identification, and details about the vehicle. You can apply online or visit a bank branch.
Yes, taking a car loan can affect your credit score. Making timely payments can improve it, while missed payments can lower it.
Consider the total cost of the loan, interest rates, loan terms, monthly payments, and your budget to ensure affordability.
Factors include your credit score, loan term, the age of the vehicle, and the lender's policies.