What is the loan process for purchasing a Suzuki Vitara 2018 1.6L GLX AWD in the UAE?

To purchase a Suzuki Vitara 2018, you need to submit a loan application to a bank or financial institution, provide necessary documentation, and undergo a credit assessment.

Will taking out a car loan affect my credit score?

Yes, taking out a car loan can impact your credit score as it affects your credit utilization and payment history.

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

Consider your income, credit score, loan term, interest rates, and any additional fees when applying for a car loan.

What is the typical interest rate for a car loan in the UAE?

The typical interest rate for a car loan in the UAE ranges from 3% to 5%, depending on the bank and individual credit history.

What documents do I need to provide for a car loan application?

You typically need to provide proof of income, ID, residency documents, and bank statements when applying for a car loan.

CarteaCar Loan Calculator

Suzuki Vitara 2018 1.6L GLX AWD Car Loan Calculator in UAE

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

Calculation Of Loans

Total Car PriceAED 75,500

Down PaymentAED 15,100

Monthly PaymentAED 5,089
Total CostAED 76,168
Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment Schedule	Monthly Payment	Remaining Amount
1	AED 5,089	AED 55,979
2	AED 5,089	AED 50,890
3	AED 5,089	AED 45,801
4	AED 5,089	AED 40,712
5	AED 5,089	AED 35,623
6	AED 5,089	AED 30,534
7	AED 5,089	AED 25,445
8	AED 5,089	AED 20,356
9	AED 5,089	AED 15,267
10	AED 5,089	AED 10,178
11	AED 5,089	AED 5,089
12	AED 5,089	AED 0

Car Finance Recommendation

Our Partnered Bank

In-house Team
Low Interset Rate
High Approval Rate

Suzuki Vitara 2018 1.6L GLX AWD Car Loan Calculator FAQs in UAE

To purchase a Suzuki Vitara 2018, you need to submit a loan application to a bank or financial institution, provide necessary documentation, and undergo a credit assessment.
Yes, taking out a car loan can impact your credit score as it affects your credit utilization and payment history.
Consider your income, credit score, loan term, interest rates, and any additional fees when applying for a car loan.
The typical interest rate for a car loan in the UAE ranges from 3% to 5%, depending on the bank and individual credit history.
You typically need to provide proof of income, ID, residency documents, and bank statements when applying for a car loan.