What is the car loan process for purchasing a Tesla Model X 2021 90D in UAE?

The car loan process typically involves applying for a loan through a bank or financial institution, providing necessary documentation, and then getting approval based on your creditworthiness and income.

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 harm it.

What should I be aware of when applying for a car loan?

You should be aware of the interest rates, loan terms, hidden fees, and your total budget before applying for a car loan.

What factors can affect the loan interest rate for a Tesla Model X 2021 90D?

Factors that can affect the loan interest rate include your credit score, the loan amount, the loan duration, and the current market conditions.

Are there any specific requirements for getting a car loan in UAE?

Yes, generally, you need to provide proof of income, a valid ID, residency proof, and sometimes a down payment.

CarteaCar Loan Calculator

Tesla Model X 2021 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

Car Finance Recommendation

Our Partnered Bank

In-house Team
Low Interset Rate
High Approval Rate

Tesla Model X 2021 90D Car Loan Calculator FAQs in UAE

The car loan process typically involves applying for a loan through a bank or financial institution, providing necessary documentation, and then getting approval based on your creditworthiness and income.
Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can harm it.
You should be aware of the interest rates, loan terms, hidden fees, and your total budget before applying for a car loan.
Factors that can affect the loan interest rate include your credit score, the loan amount, the loan duration, and the current market conditions.
Yes, generally, you need to provide proof of income, a valid ID, residency proof, and sometimes a down payment.