What are the common loan options available for purchasing a Toyota Hiace 2019 3.5L GLS high roof in UAE?

Common loan options include bank loans, dealership financing, and personal loans. It is advisable to compare interest rates and terms from different lenders.

How do I apply for a car loan for the Toyota Hiace 2019 in UAE?

To apply, you typically need to fill out an application form, provide identification, proof of income, and details about the vehicle. Each lender may have specific requirements.

Will taking a car loan affect my credit score?

Yes, taking a car loan can affect your credit score. Timely payments may improve your score, while missed payments can lower it.

What should I be aware of when taking out a car loan?

Be aware of the interest rates, loan terms, any hidden fees, and your ability to repay. It’s also important to consider the total cost of ownership.

What factors can affect the car loan interest rate?

Factors include your credit score, loan amount, loan term, and the lender’s policies. Economic conditions can also play a role.

CarteaCar Loan Calculator

Toyota Hiace 2019 3.5L GLS high roof (3 seater) Car Loan Calculator in UAE

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

Monthly Payment

AED 8,350

Down Payment

AED 24,780

Total Cost

AED 124,980

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 8,350	AED 91,850
2	AED 8,350	AED 83,500
3	AED 8,350	AED 75,150
4	AED 8,350	AED 66,800
5	AED 8,350	AED 58,450
6	AED 8,350	AED 50,100
7	AED 8,350	AED 41,750
8	AED 8,350	AED 33,400
9	AED 8,350	AED 25,050
10	AED 8,350	AED 16,700
11	AED 8,350	AED 8,350
12	AED 8,350	AED 0

Monthly Payment Composition

Interest: 90

Principal: 8260

Toyota Hiace 2019 3.5L GLS high roof (3 seater) Car Loan Calculator FAQs in UAE

Common loan options include bank loans, dealership financing, and personal loans. It is advisable to compare interest rates and terms from different lenders.
To apply, you typically need to fill out an application form, provide identification, proof of income, and details about the vehicle. Each lender may have specific requirements.
Yes, taking a car loan can affect your credit score. Timely payments may improve your score, while missed payments can lower it.
Be aware of the interest rates, loan terms, any hidden fees, and your ability to repay. It’s also important to consider the total cost of ownership.
Factors include your credit score, loan amount, loan term, and the lender’s policies. Economic conditions can also play a role.