What are the loan options available for purchasing a Suzuki Vitara 2018 1.6L GLX AWD in UAE?

In UAE, you can find various loan options such as personal loans, auto loans, and bank financing specifically for vehicles. Most banks offer competitive rates and terms based on your credit history.

How do I apply for a car loan for the Suzuki Vitara 2018?

To apply for a car loan, you need to gather necessary documents such as your ID, proof of income, bank statements, and details of the car. Then, approach a bank or a financial institution to submit your application.

Will taking a car loan affect my credit score?

Yes, taking a car loan can impact your credit score. Timely payments can improve it, while missed payments may lower it. It's essential to manage your loan responsibly.

What should I consider before taking a car loan?

Before taking a car loan, consider the interest rate, loan term, monthly payments, your budget, and the total cost of the vehicle including insurance and maintenance.

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

Factors affecting the interest rate include your credit score, loan amount, loan term, and the bank's current lending rates. A stable income and a good credit history may help secure a lower rate.

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Suzuki Vitara 2018 1.6L GLX AWD (w/ sunroof) Car Loan Calculator in UAE

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

Calculation Of Loans

Total Car PriceAED 83,900

Down PaymentAED 16,780

Monthly PaymentAED 5,655
Total CostAED 84,640
Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment Schedule	Monthly Payment	Remaining Amount
1	AED 5,655	AED 62,205
2	AED 5,655	AED 56,550
3	AED 5,655	AED 50,895
4	AED 5,655	AED 45,240
5	AED 5,655	AED 39,585
6	AED 5,655	AED 33,930
7	AED 5,655	AED 28,275
8	AED 5,655	AED 22,620
9	AED 5,655	AED 16,965
10	AED 5,655	AED 11,310
11	AED 5,655	AED 5,655
12	AED 5,655	AED 0

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Suzuki Vitara 2018 1.6L GLX AWD (w/ sunroof) Car Loan Calculator FAQs in UAE

In UAE, you can find various loan options such as personal loans, auto loans, and bank financing specifically for vehicles. Most banks offer competitive rates and terms based on your credit history.
To apply for a car loan, you need to gather necessary documents such as your ID, proof of income, bank statements, and details of the car. Then, approach a bank or a financial institution to submit your application.
Yes, taking a car loan can impact your credit score. Timely payments can improve it, while missed payments may lower it. It's essential to manage your loan responsibly.
Before taking a car loan, consider the interest rate, loan term, monthly payments, your budget, and the total cost of the vehicle including insurance and maintenance.
Factors affecting the interest rate include your credit score, loan amount, loan term, and the bank's current lending rates. A stable income and a good credit history may help secure a lower rate.