What are the loan options available for purchasing a Tesla Model S 2019 Long Range (AWD) in UAE?

In the UAE, you can choose from various loan options such as conventional car loans, Islamic financing, or dealership financing. Each has its own terms and conditions.

How do I apply for a car loan for the Tesla Model S in UAE?

To apply for a car loan, you typically need to provide personal identification, proof of income, and details of the vehicle. You can apply through banks, financial institutions, or dealerships.

Will taking a car loan affect my credit score in UAE?

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

What factors should I consider when choosing a car loan for the Tesla Model S?

Consider the interest rate, loan term, monthly payment amount, and any fees associated with the loan. Also, check if the loan is secured or unsecured.

What are the factors that can affect the loan interest rates for a Tesla Model S in UAE?

Factors include your credit score, the loan amount, the loan term, and the current market conditions in UAE. Economic factors also play a significant role.

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Tesla Model S 2019 Long Range (AWD) Car Loan Calculator in UAE

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

Monthly Payment

AED 24,194

Down Payment

AED 71,800

Total Cost

AED 362,128

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 24,194	AED 266,134
2	AED 24,194	AED 241,940
3	AED 24,194	AED 217,746
4	AED 24,194	AED 193,552
5	AED 24,194	AED 169,358
6	AED 24,194	AED 145,164
7	AED 24,194	AED 120,970
8	AED 24,194	AED 96,776
9	AED 24,194	AED 72,582
10	AED 24,194	AED 48,388
11	AED 24,194	AED 24,194
12	AED 24,194	AED 0

Monthly Payment Composition

Interest: 261

Principal: 23933

Tesla Model S 2019 Long Range (AWD) Car Loan Calculator FAQs in UAE

In the UAE, you can choose from various loan options such as conventional car loans, Islamic financing, or dealership financing. Each has its own terms and conditions.
To apply for a car loan, you typically need to provide personal identification, proof of income, and details of the vehicle. You can apply through banks, financial institutions, or dealerships.
Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can harm it.
Consider the interest rate, loan term, monthly payment amount, and any fees associated with the loan. Also, check if the loan is secured or unsecured.
Factors include your credit score, the loan amount, the loan term, and the current market conditions in UAE. Economic factors also play a significant role.