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Tesla Model S 2020 Long Range (AWD) Car Loan Calculator in UAE

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

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car price (AED)*

down payment *
%
interest rate *
%
Loan Period *
Month
calculate

Calculation Of Loans

Total Car PriceAED 359,000
Down PaymentAED 71,800
  • Monthly PaymentAED 24,194
  • Total CostAED 362,128
  • Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment ScheduleMonthly PaymentRemaining Amount
1AED 24,194AED 266,134
2AED 24,194AED 241,940
3AED 24,194AED 217,746
4AED 24,194AED 193,552
5AED 24,194AED 169,358
6AED 24,194AED 145,164
7AED 24,194AED 120,970
8AED 24,194AED 96,776
9AED 24,194AED 72,582
10AED 24,194AED 48,388
11AED 24,194AED 24,194
12AED 24,194AED 0

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Tesla Model S 2020 Long Range (AWD) Car Loan Calculator FAQs in UAE

  • In the UAE, you can find various financing options such as bank loans, leasing options, and personal loans to purchase a Tesla Model S 2020 Long Range (AWD). It's advisable to compare interest rates and terms from different banks.
  • Taking a car loan can impact your credit score positively or negatively. Timely payments can improve your score, while missed payments can lower it. It's essential to manage your loan responsibly.
  • To apply for a car loan, you typically need to provide your Emirates ID, proof of income, bank statements, and details about the vehicle you wish to purchase.
  • Factors that can affect your car loan interest rate include your credit score, loan amount, loan term, and the lender's policies. A higher credit score generally leads to lower interest rates.
  • Many banks in the UAE may impose a penalty for early repayment of a car loan. It's essential to check the loan agreement for any such clauses before signing.