What are the financing options available for purchasing a Toyota Hiace 2018 in UAE?

In UAE, you can choose from various financing options such as bank loans, dealer financing, or personal loans. Each option has different interest rates and terms.

How does taking a loan for the Toyota Hiace affect my credit score?

Taking a loan can impact your credit score. If you make timely payments, it can improve your score. However, missing payments can have a negative effect.

What should I consider when applying for a car loan in UAE?

Consider factors such as interest rates, loan tenure, down payment, and your monthly budget before applying for a loan.

What factors can affect the loan interest rates for the Toyota Hiace?

Factors such as your credit history, loan amount, loan tenure, and current economic conditions can affect the interest rates.

Is it possible to refinance a loan for the Toyota Hiace later?

Yes, it is possible to refinance your loan later to take advantage of lower interest rates or better terms.

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Toyota Hiace 2018 2.7L Commuter GLX High Roof LWB (A/T) Car Loan Calculator in UAE

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

Monthly Payment

AED 6,639

Down Payment

AED 19,700

Total Cost

AED 99,368

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 6,639	AED 73,029
2	AED 6,639	AED 66,390
3	AED 6,639	AED 59,751
4	AED 6,639	AED 53,112
5	AED 6,639	AED 46,473
6	AED 6,639	AED 39,834
7	AED 6,639	AED 33,195
8	AED 6,639	AED 26,556
9	AED 6,639	AED 19,917
10	AED 6,639	AED 13,278
11	AED 6,639	AED 6,639
12	AED 6,639	AED 0

Monthly Payment Composition

Interest: 73

Principal: 6566

Toyota Hiace 2018 2.7L Commuter GLX High Roof LWB (A/T) Car Loan Calculator FAQs in UAE

In UAE, you can choose from various financing options such as bank loans, dealer financing, or personal loans. Each option has different interest rates and terms.
Taking a loan can impact your credit score. If you make timely payments, it can improve your score. However, missing payments can have a negative effect.
Consider factors such as interest rates, loan tenure, down payment, and your monthly budget before applying for a loan.
Factors such as your credit history, loan amount, loan tenure, and current economic conditions can affect the interest rates.
Yes, it is possible to refinance your loan later to take advantage of lower interest rates or better terms.