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

Calculation Of Loans

Total Car PriceAED 353,115

Down PaymentAED 70,623

Monthly PaymentAED 23,797
Total CostAED 356,187
Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment Schedule	Monthly Payment	Remaining Amount
1	AED 23,797	AED 261,767
2	AED 23,797	AED 237,970
3	AED 23,797	AED 214,173
4	AED 23,797	AED 190,376
5	AED 23,797	AED 166,579
6	AED 23,797	AED 142,782
7	AED 23,797	AED 118,985
8	AED 23,797	AED 95,188
9	AED 23,797	AED 71,391
10	AED 23,797	AED 47,594
11	AED 23,797	AED 23,797
12	AED 23,797	AED 0

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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.