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.

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Tesla Model 3 2020 Performance (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 215,900

Down PaymentAED 43,180

Monthly PaymentAED 14,550
Total CostAED 217,780
Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment Schedule	Monthly Payment	Remaining Amount
1	AED 14,550	AED 160,050
2	AED 14,550	AED 145,500
3	AED 14,550	AED 130,950
4	AED 14,550	AED 116,400
5	AED 14,550	AED 101,850
6	AED 14,550	AED 87,300
7	AED 14,550	AED 72,750
8	AED 14,550	AED 58,200
9	AED 14,550	AED 43,650
10	AED 14,550	AED 29,100
11	AED 14,550	AED 14,550
12	AED 14,550	AED 0

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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.