What are the loan options available for purchasing a Toyota Yaris 2018 1.5L SE+ (Hatchback) in the UAE?

In the UAE, you can choose between conventional auto loans, Islamic financing, and personal loans for purchasing a Toyota Yaris 2018. Each option has different terms and conditions.

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

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

What documents do I need to apply for a car loan for a Toyota Yaris 2018?

You typically need to provide your Emirates ID, salary certificate, bank statements, and vehicle invoice when applying for a car loan.

What factors influence the interest rates for car loans in the UAE?

Interest rates for car loans in the UAE can be influenced by your credit score, the loan amount, the loan tenure, and the bank's policies.

Are there any additional fees associated with car loans for a Toyota Yaris 2018?

Yes, additional fees may include processing fees, insurance, and registration fees. It's important to ask the bank about all potential charges.

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Toyota Yaris 2018 1.5L SE+ (Hatchback) Car Loan Calculator in UAE

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

Monthly Payment

AED 4,597

Down Payment

AED 13,640

Total Cost

AED 68,804

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 4,597	AED 50,567
2	AED 4,597	AED 45,970
3	AED 4,597	AED 41,373
4	AED 4,597	AED 36,776
5	AED 4,597	AED 32,179
6	AED 4,597	AED 27,582
7	AED 4,597	AED 22,985
8	AED 4,597	AED 18,388
9	AED 4,597	AED 13,791
10	AED 4,597	AED 9,194
11	AED 4,597	AED 4,597
12	AED 4,597	AED 0

Monthly Payment Composition

Interest: 51

Principal: 4546

Toyota Yaris 2018 1.5L SE+ (Hatchback) Car Loan Calculator FAQs in UAE

In the UAE, you can choose between conventional auto loans, Islamic financing, and personal loans for purchasing a Toyota Yaris 2018. Each option has different terms and conditions.
Taking a car loan can impact your credit score positively if you make timely payments. However, missing payments can negatively affect your score.
You typically need to provide your Emirates ID, salary certificate, bank statements, and vehicle invoice when applying for a car loan.
Interest rates for car loans in the UAE can be influenced by your credit score, the loan amount, the loan tenure, and the bank's policies.
Yes, additional fees may include processing fees, insurance, and registration fees. It's important to ask the bank about all potential charges.