

Tesla Model X 2020 P100D 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 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.
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