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

In the UAE, you can find various loan options from banks and financial institutions, including fixed-rate loans, variable-rate loans, and special offers for electric vehicles like the Tesla Model S.

How can I apply for a car loan for the Tesla Model S 2019 Performance (AWD)?

To apply for a car loan, you need to provide necessary documents such as your Emirates ID, proof of income, and bank statements. You can start the application process online or visit a bank branch.

Will taking a loan for the Tesla Model S affect my credit score?

Yes, taking a loan can affect your credit score. Timely payments can improve your score, while missed payments can negatively impact it. It's important to manage your loan responsibly.

What should I consider before taking out a loan for a Tesla Model S?

Consider your monthly budget, interest rates, loan term, and any additional fees. It's also wise to compare offers from different banks to find the best deal.

What factors can influence the loan terms for a Tesla Model S in the UAE?

Factors include your credit history, income level, the loan amount, the bank's policies, and the current economic conditions in the UAE.

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

In the UAE, you can find various loan options from banks and financial institutions, including fixed-rate loans, variable-rate loans, and special offers for electric vehicles like the Tesla Model S.
To apply for a car loan, you need to provide necessary documents such as your Emirates ID, proof of income, and bank statements. You can start the application process online or visit a bank branch.
Yes, taking a loan can affect your credit score. Timely payments can improve your score, while missed payments can negatively impact it. It's important to manage your loan responsibly.
Consider your monthly budget, interest rates, loan term, and any additional fees. It's also wise to compare offers from different banks to find the best deal.
Factors include your credit history, income level, the loan amount, the bank's policies, and the current economic conditions in the UAE.