What are the financing options available for purchasing the Terrain 1.5T AT4 in the UAE?

In the UAE, you can choose from several financing options such as bank loans, dealership financing, or personal loans to purchase the Terrain 1.5T AT4.

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

Taking a car loan can impact your credit score positively if you make timely payments, but late payments can negatively affect it.

What documents are required to apply for a car loan for the Terrain 1.5T AT4?

You typically need to provide identification, proof of income, residency documents, and details about the vehicle when applying for a car loan.

What factors can influence the interest rate on my car loan in the UAE?

Factors like your credit score, loan term, the lender's policies, and current market conditions can influence the interest rate on your car loan.

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

Yes, some lenders may charge processing fees, early repayment penalties, or insurance costs that could be considered hidden fees.

CarteaCar Loan Calculator

Terrain 1.5T AT4 Car Loan Calculator in UAE

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

Monthly Payment

AED 9,907

Down Payment

AED 29,400

Total Cost

AED 148,284

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 9,907	AED 108,977
2	AED 9,907	AED 99,070
3	AED 9,907	AED 89,163
4	AED 9,907	AED 79,256
5	AED 9,907	AED 69,349
6	AED 9,907	AED 59,442
7	AED 9,907	AED 49,535
8	AED 9,907	AED 39,628
9	AED 9,907	AED 29,721
10	AED 9,907	AED 19,814
11	AED 9,907	AED 9,907
12	AED 9,907	AED 0

Monthly Payment Composition

Interest: 107

Principal: 9800

Terrain 1.5T AT4 Car Loan Calculator FAQs in UAE

In the UAE, you can choose from several financing options such as bank loans, dealership financing, or personal loans to purchase the Terrain 1.5T AT4.
Taking a car loan can impact your credit score positively if you make timely payments, but late payments can negatively affect it.
You typically need to provide identification, proof of income, residency documents, and details about the vehicle when applying for a car loan.
Factors like your credit score, loan term, the lender's policies, and current market conditions can influence the interest rate on your car loan.
Yes, some lenders may charge processing fees, early repayment penalties, or insurance costs that could be considered hidden fees.