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Tesla Model X 2020 P100D Car Loan Calculator in UAE

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

select car *

car price (AED)*

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

Calculation Of Loans

Total Car PriceAED 349,125
Down PaymentAED 69,825
  • Monthly PaymentAED 23,528
  • Total CostAED 352,161
  • Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment ScheduleMonthly PaymentRemaining Amount
1AED 23,528AED 258,808
2AED 23,528AED 235,280
3AED 23,528AED 211,752
4AED 23,528AED 188,224
5AED 23,528AED 164,696
6AED 23,528AED 141,168
7AED 23,528AED 117,640
8AED 23,528AED 94,112
9AED 23,528AED 70,584
10AED 23,528AED 47,056
11AED 23,528AED 23,528
12AED 23,528AED 0

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Tesla Model X 2020 P100D Car Loan Calculator FAQs in UAE

  • In the UAE, various banks offer car loans for purchasing a Tesla Model X 2020 P100D, typically ranging from 3 to 7 years with interest rates varying between 2.5% to 5%. It's best to compare offers from different banks.
  • You can apply for a car loan by visiting the bank's website or branch, providing necessary documents such as proof of income, identification, and details of the vehicle. Online applications are also commonly available.
  • Yes, taking out a loan can impact your credit score. A new loan application may result in a hard inquiry which could temporarily lower your score. However, timely repayments can positively affect it over time.
  • Consider your financial situation, the total cost of the loan including interest, the terms and conditions of the loan, and ensure that your monthly payments fit within your budget.
  • Factors affecting the interest rate include your credit score, loan amount, loan term, and the bank's policies. Additionally, economic conditions and market rates may also play a role.