What are the loan options available for purchasing a Tesla Model X 2018 90D in the UAE?

In the UAE, you can choose from various loan options such as fixed-rate loans, variable-rate loans, and Islamic financing. Each bank may have different terms and conditions.

How can I apply for a car loan for a Tesla Model X 2018 90D?

To apply for a car loan, you need to visit the bank or lender of your choice, provide necessary documents like your ID, proof of income, and details of the vehicle. You may also apply online in many cases.

Will taking a car loan affect my credit score?

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

What should I be aware of when taking a car loan in the UAE?

Be aware of the interest rates, loan tenure, processing fees, and any prepayment penalties. It's also important to read the loan agreement carefully.

What factors can affect the loan exchange rate?

Factors that can affect the loan exchange rate include central bank rates, inflation, economic conditions, and the borrower's credit profile.

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Tesla Model X 2018 90D Car Loan Calculator in UAE

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

Monthly Payment

AED 23,528

Down Payment

AED 69,825

Total Cost

AED 352,161

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 23,528	AED 258,808
2	AED 23,528	AED 235,280
3	AED 23,528	AED 211,752
4	AED 23,528	AED 188,224
5	AED 23,528	AED 164,696
6	AED 23,528	AED 141,168
7	AED 23,528	AED 117,640
8	AED 23,528	AED 94,112
9	AED 23,528	AED 70,584
10	AED 23,528	AED 47,056
11	AED 23,528	AED 23,528
12	AED 23,528	AED 0

Monthly Payment Composition

Interest: 253

Principal: 23275

Tesla Model X 2018 90D Car Loan Calculator FAQs in UAE

In the UAE, you can choose from various loan options such as fixed-rate loans, variable-rate loans, and Islamic financing. Each bank may have different terms and conditions.
To apply for a car loan, you need to visit the bank or lender of your choice, provide necessary documents like your ID, proof of income, and details of the vehicle. You may also apply online in many cases.
Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.
Be aware of the interest rates, loan tenure, processing fees, and any prepayment penalties. It's also important to read the loan agreement carefully.
Factors that can affect the loan exchange rate include central bank rates, inflation, economic conditions, and the borrower's credit profile.