What are the typical loan terms for financing a Toyota Avalon 2021 3.5L V6 SE+ in the UAE?

Typical loan terms can range from 12 to 60 months, with interest rates varying based on your credit score and the bank's policies.

How does taking a car loan affect my credit score in the UAE?

Taking a car loan can affect your credit score positively if you make timely payments, but missing payments can negatively impact your score.

You generally need to provide your Emirates ID, proof of income, bank statements, and a copy of the vehicle's registration.

Factors include your credit history, the amount of down payment, the loan term, and the bank's current interest rate policies.

Yes, you can usually pay off your car loan early, but some banks may charge a prepayment penalty. It is important to check with your lender.

CarteaCar Loan Calculator

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

AED 9,765

AED 28,980

AED 146,160

Interest: 105

Principal: 9660

Typical loan terms can range from 12 to 60 months, with interest rates varying based on your credit score and the bank's policies.
Taking a car loan can affect your credit score positively if you make timely payments, but missing payments can negatively impact your score.
You generally need to provide your Emirates ID, proof of income, bank statements, and a copy of the vehicle's registration.
Factors include your credit history, the amount of down payment, the loan term, and the bank's current interest rate policies.
Yes, you can usually pay off your car loan early, but some banks may charge a prepayment penalty. It is important to check with your lender.