What are the loan options available for purchasing a Toyota Hiace 2018 2.7L Panel Van High Roof LWB in the UAE?

In the UAE, you can choose from various loan options, including bank loans, dealership financing, and personal loans. Each option has different interest rates and terms.

How can I apply for a car loan for the Toyota Hiace 2018?

You can apply for a car loan through your chosen bank or dealership. You'll need to provide personal documents, proof of income, and details about the vehicle.

Will taking a car loan affect my credit score?

Yes, taking a car loan can impact your credit score. Making timely payments can improve your score, while missed payments can harm it.

What should I consider before applying for a car loan?

Consider your monthly budget, the total cost of the loan, interest rates, and whether you can afford the down payment and monthly installments.

What factors can influence the interest rate of my car loan?

Factors include your credit score, the loan amount, the term length, and current market interest rates. A higher credit score usually leads to a lower interest rate.

CarteaCar Loan Calculator

Toyota Hiace 2018 2.7L Panel Van High Roof LWB Car Loan Calculator in UAE

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

Monthly Payment

AED 7,474

Down Payment

AED 22,180

Total Cost

AED 111,868

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 7,474	AED 82,214
2	AED 7,474	AED 74,740
3	AED 7,474	AED 67,266
4	AED 7,474	AED 59,792
5	AED 7,474	AED 52,318
6	AED 7,474	AED 44,844
7	AED 7,474	AED 37,370
8	AED 7,474	AED 29,896
9	AED 7,474	AED 22,422
10	AED 7,474	AED 14,948
11	AED 7,474	AED 7,474
12	AED 7,474	AED 0

Monthly Payment Composition

Interest: 81

Principal: 7393

Toyota Hiace 2018 2.7L Panel Van High Roof LWB Car Loan Calculator FAQs in UAE

In the UAE, you can choose from various loan options, including bank loans, dealership financing, and personal loans. Each option has different interest rates and terms.
You can apply for a car loan through your chosen bank or dealership. You'll need to provide personal documents, proof of income, and details about the vehicle.
Yes, taking a car loan can impact your credit score. Making timely payments can improve your score, while missed payments can harm it.
Consider your monthly budget, the total cost of the loan, interest rates, and whether you can afford the down payment and monthly installments.
Factors include your credit score, the loan amount, the term length, and current market interest rates. A higher credit score usually leads to a lower interest rate.