What are the financing options available for purchasing a Tesla Model 3 2019 Standard Range Plus in the UAE?

In the UAE, you can consider bank loans, dealer financing, or personal loans for purchasing a Tesla Model 3. Each option has different interest rates and terms.

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

Taking out a car loan can affect your credit score positively if you make timely payments, but missed payments can harm your score.

What documents do I need to apply for a car loan for a Tesla Model 3 in the UAE?

You typically need to provide your Emirates ID, salary certificate, bank statements, and proof of residence when applying for a car loan.

What factors can affect the interest rate on my car loan for a Tesla Model 3?

Factors that can affect your car loan interest rate include your credit score, income, loan amount, and the length of the loan term.

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

Yes, some banks may charge processing fees, insurance fees, or early repayment penalties, so it's important to read the loan agreement carefully.

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Tesla Model 3 2019 Standard Range Plus Car Loan Calculator in UAE

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

Calculation Of Loans

Total Car PriceAED 159,900

Down PaymentAED 31,980

Monthly PaymentAED 10,776
Total CostAED 161,292
Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment Schedule	Monthly Payment	Remaining Amount
1	AED 10,776	AED 118,536
2	AED 10,776	AED 107,760
3	AED 10,776	AED 96,984
4	AED 10,776	AED 86,208
5	AED 10,776	AED 75,432
6	AED 10,776	AED 64,656
7	AED 10,776	AED 53,880
8	AED 10,776	AED 43,104
9	AED 10,776	AED 32,328
10	AED 10,776	AED 21,552
11	AED 10,776	AED 10,776
12	AED 10,776	AED 0

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Tesla Model 3 2019 Standard Range Plus Car Loan Calculator FAQs in UAE

In the UAE, you can consider bank loans, dealer financing, or personal loans for purchasing a Tesla Model 3. Each option has different interest rates and terms.
Taking out a car loan can affect your credit score positively if you make timely payments, but missed payments can harm your score.
You typically need to provide your Emirates ID, salary certificate, bank statements, and proof of residence when applying for a car loan.
Factors that can affect your car loan interest rate include your credit score, income, loan amount, and the length of the loan term.
Yes, some banks may charge processing fees, insurance fees, or early repayment penalties, so it's important to read the loan agreement carefully.