What are the typical interest rates for a car loan on a Tesla Model 3 2018 P75 in the UAE?

Interest rates for car loans in the UAE typically range from 3% to 5%, but they can vary based on the bank and your credit history.

How can I apply for a car loan for a Tesla Model 3 2018 P75 in the UAE?

You can apply for a car loan by visiting your chosen bank's branch, filling out an application form, and providing necessary documents such as salary slips and Emirates ID.

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

Yes, taking a car loan can affect your credit score. Timely repayments can improve it, while missed payments can harm it.

What are the key factors to consider when obtaining a car loan for a Tesla Model 3 2018 P75?

Key factors include the interest rate, loan term, monthly payment amount, and your overall financial situation.

What factors influence the exchange rates for car loans in the UAE?

Factors influencing exchange rates include economic stability, inflation rates, and interest rate differentials between countries.

CarteaCar Loan Calculator

Tesla Model 3 2018 P75 Car Loan Calculator in UAE

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

Monthly Payment

AED 18,870

Down Payment

AED 56,000

Total Cost

AED 282,440

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 18,870	AED 207,570
2	AED 18,870	AED 188,700
3	AED 18,870	AED 169,830
4	AED 18,870	AED 150,960
5	AED 18,870	AED 132,090
6	AED 18,870	AED 113,220
7	AED 18,870	AED 94,350
8	AED 18,870	AED 75,480
9	AED 18,870	AED 56,610
10	AED 18,870	AED 37,740
11	AED 18,870	AED 18,870
12	AED 18,870	AED 0

Monthly Payment Composition

Interest: 204

Principal: 18666

Tesla Model 3 2018 P75 Car Loan Calculator FAQs in UAE

Interest rates for car loans in the UAE typically range from 3% to 5%, but they can vary based on the bank and your credit history.
You can apply for a car loan by visiting your chosen bank's branch, filling out an application form, and providing necessary documents such as salary slips and Emirates ID.
Yes, taking a car loan can affect your credit score. Timely repayments can improve it, while missed payments can harm it.
Key factors include the interest rate, loan term, monthly payment amount, and your overall financial situation.
Factors influencing exchange rates include economic stability, inflation rates, and interest rate differentials between countries.