What is the typical loan amount for a Tesla Model 3 2020 Long Range (AWD) in UAE?

The typical loan amount for a Tesla Model 3 2020 Long Range (AWD) can range from AED 150,000 to AED 250,000 depending on the bank and your eligibility.

How do I apply for a car loan for a Tesla Model 3 2020 Long Range (AWD) in UAE?

You can apply for a car loan online through the bank's website or visit a local branch. You'll need to provide documents such as your ID, proof of income, and details about the vehicle.

Will taking out a loan for a Tesla Model 3 affect my credit score?

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

What should I be aware of when applying for a car loan in UAE?

Be aware of the interest rates, loan tenure, additional fees, and your repayment capacity before applying for a loan.

What factors can affect the interest rate for my Tesla Model 3 loan in UAE?

Factors include your credit score, the loan amount, the loan tenure, and the current market interest rates.

CarteaCar Loan Calculator

Tesla Model 3 2020 Long Range (AWD) Car Loan Calculator in UAE

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

Monthly Payment

AED 10,776

Down Payment

AED 31,980

Total Cost

AED 161,292

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment 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

Monthly Payment Composition

Interest: 116

Principal: 10660

Tesla Model 3 2020 Long Range (AWD) Car Loan Calculator FAQs in UAE

The typical loan amount for a Tesla Model 3 2020 Long Range (AWD) can range from AED 150,000 to AED 250,000 depending on the bank and your eligibility.
You can apply for a car loan online through the bank's website or visit a local branch. You'll need to provide documents such as your ID, proof of income, and details about the vehicle.
Yes, taking out a loan can affect your credit score. Timely repayments can improve it, while missed payments can harm it.
Be aware of the interest rates, loan tenure, additional fees, and your repayment capacity before applying for a loan.
Factors include your credit score, the loan amount, the loan tenure, and the current market interest rates.