What are the financing options available for purchasing a Tesla Model 3 2020 Performance (AWD) in UAE?

In UAE, you can choose from various financing options such as conventional bank loans, Islamic financing, and leasing options specifically designed for electric vehicles.

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

You can apply for a car loan by visiting a bank or financial institution, submitting necessary documents such as proof of income, Emirates ID, and vehicle details, and filling out an application form.

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 your score, while missed payments can harm it.

What should I consider before taking a car loan for a Tesla?

Consider factors such as interest rates, loan term, your monthly budget, and whether you can afford the down payment.

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

Factors include your credit score, the loan amount, the loan term, and the overall economic conditions in the UAE.

CarteaCar Loan Calculator

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

In UAE, you can choose from various financing options such as conventional bank loans, Islamic financing, and leasing options specifically designed for electric vehicles.
You can apply for a car loan by visiting a bank or financial institution, submitting necessary documents such as proof of income, Emirates ID, and vehicle details, and filling out an application form.
Yes, taking a car loan can affect your credit score. Timely repayments can improve your score, while missed payments can harm it.
Consider factors such as interest rates, loan term, your monthly budget, and whether you can afford the down payment.
Factors include your credit score, the loan amount, the loan term, and the overall economic conditions in the UAE.