What are the loan options available for purchasing a Suzuki Vitara 2021 1.6L GLX 2WD in the UAE?

In the UAE, banks offer various loan options such as conventional car loans, Islamic auto financing, and personal loans tailored for vehicle purchases.

How do I apply for a car loan for the Suzuki Vitara 2021?

To apply for a car loan, you need to visit the bank or financial institution, provide necessary documents such as ID, salary proof, and details of the car, and fill out the application form.

Will applying for a car loan affect my credit score?

Yes, applying for a car loan can affect your credit score, as lenders will perform a credit inquiry, which may temporarily lower your score.

What should I consider before taking a car loan?

Consider factors such as your monthly budget, interest rates, loan tenure, and any additional fees associated with the loan before making a decision.

What factors can affect the loan interest rate for a car?

Factors that can affect the loan interest rate include your credit score, the loan amount, the duration of the loan, and the current market conditions.

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Suzuki Vitara 2021 1.6L GLX 2WD Car Loan Calculator in UAE

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

Calculation Of Loans

Total Car PriceAED 64,900

Down PaymentAED 12,980

Monthly PaymentAED 4,374
Total CostAED 65,468
Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment Schedule	Monthly Payment	Remaining Amount
1	AED 4,374	AED 48,114
2	AED 4,374	AED 43,740
3	AED 4,374	AED 39,366
4	AED 4,374	AED 34,992
5	AED 4,374	AED 30,618
6	AED 4,374	AED 26,244
7	AED 4,374	AED 21,870
8	AED 4,374	AED 17,496
9	AED 4,374	AED 13,122
10	AED 4,374	AED 8,748
11	AED 4,374	AED 4,374
12	AED 4,374	AED 0

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Suzuki Vitara 2021 1.6L GLX 2WD Car Loan Calculator FAQs in UAE

In the UAE, banks offer various loan options such as conventional car loans, Islamic auto financing, and personal loans tailored for vehicle purchases.
To apply for a car loan, you need to visit the bank or financial institution, provide necessary documents such as ID, salary proof, and details of the car, and fill out the application form.
Yes, applying for a car loan can affect your credit score, as lenders will perform a credit inquiry, which may temporarily lower your score.
Consider factors such as your monthly budget, interest rates, loan tenure, and any additional fees associated with the loan before making a decision.
Factors that can affect the loan interest rate include your credit score, the loan amount, the duration of the loan, and the current market conditions.