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.

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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

Calculation Of Loans

Total Car PriceAED 189,900

Down PaymentAED 37,980

Monthly PaymentAED 12,798
Total CostAED 191,556
Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment Schedule	Monthly Payment	Remaining Amount
1	AED 12,798	AED 140,778
2	AED 12,798	AED 127,980
3	AED 12,798	AED 115,182
4	AED 12,798	AED 102,384
5	AED 12,798	AED 89,586
6	AED 12,798	AED 76,788
7	AED 12,798	AED 63,990
8	AED 12,798	AED 51,192
9	AED 12,798	AED 38,394
10	AED 12,798	AED 25,596
11	AED 12,798	AED 12,798
12	AED 12,798	AED 0

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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.