What are the loan options available for purchasing a Toyota Hilux 2020 2.7L Double Cab GLX M/T (4x4) in UAE?

In the UAE, you can choose from various loan options including fixed-rate loans, variable-rate loans, and personal loans from banks and financial institutions.

How can I apply for a car loan for the Toyota Hilux in UAE?

You can apply for a car loan by visiting your preferred bank or financial institution's website, filling out an application form, and providing necessary documents such as your ID, salary certificate, and vehicle details.

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 consider when applying for a car loan in UAE?

Consider factors such as the loan interest rate, repayment terms, your monthly budget, and the total cost of the car including insurance and registration fees.

What factors can influence the loan interest rate for a car loan in UAE?

Factors that can influence the loan interest rate include your credit score, the bank's policies, the loan amount, and the duration of the loan.

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Toyota Hilux 2020 2.7L Double Cab GLX M/T (4x4) Car Loan Calculator in UAE

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

Monthly Payment

AED 7,700

Down Payment

AED 22,850

Total Cost

AED 115,250

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 7,700	AED 84,700
2	AED 7,700	AED 77,000
3	AED 7,700	AED 69,300
4	AED 7,700	AED 61,600
5	AED 7,700	AED 53,900
6	AED 7,700	AED 46,200
7	AED 7,700	AED 38,500
8	AED 7,700	AED 30,800
9	AED 7,700	AED 23,100
10	AED 7,700	AED 15,400
11	AED 7,700	AED 7,700
12	AED 7,700	AED 0

Monthly Payment Composition

Interest: 84

Principal: 7616

Toyota Hilux 2020 2.7L Double Cab GLX M/T (4x4) Car Loan Calculator FAQs in UAE

In the UAE, you can choose from various loan options including fixed-rate loans, variable-rate loans, and personal loans from banks and financial institutions.
You can apply for a car loan by visiting your preferred bank or financial institution's website, filling out an application form, and providing necessary documents such as your ID, salary certificate, and vehicle details.
Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can harm it.
Consider factors such as the loan interest rate, repayment terms, your monthly budget, and the total cost of the car including insurance and registration fees.
Factors that can influence the loan interest rate include your credit score, the bank's policies, the loan amount, and the duration of the loan.