What are the financing options available for purchasing a Tucson Premium+ 2.5L in UAE?

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

How does taking a car loan affect my credit score?

Taking a car loan can affect your credit score positively or negatively. Timely payments can improve your score, while missed payments can lower it.

What documents do I need to apply for a car loan in UAE?

You will typically need your Emirates ID, passport, proof of income, and bank statements to apply for a car loan in the UAE.

What factors can affect the interest rate on my car loan?

Factors that can affect the interest rate include your credit score, loan term, the lender's policies, and current market conditions.

Are there any hidden fees associated with car loans in UAE?

Yes, some lenders may have hidden fees such as processing fees, insurance costs, or early repayment penalties. It's important to read the loan agreement carefully.

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Tucson Premium+ 2.5L Car Loan Calculator in UAE

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

Monthly Payment

AED 17,178

Down Payment

AED 50,980

Total Cost

AED 257,116

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 17,178	AED 188,958
2	AED 17,178	AED 171,780
3	AED 17,178	AED 154,602
4	AED 17,178	AED 137,424
5	AED 17,178	AED 120,246
6	AED 17,178	AED 103,068
7	AED 17,178	AED 85,890
8	AED 17,178	AED 68,712
9	AED 17,178	AED 51,534
10	AED 17,178	AED 34,356
11	AED 17,178	AED 17,178
12	AED 17,178	AED 0

Monthly Payment Composition

Interest: 185

Principal: 16993

Tucson Premium+ 2.5L Car Loan Calculator FAQs in UAE

In the UAE, you can choose from various financing options such as bank loans, dealership financing, or personal loans. Each option has different interest rates and repayment terms.
Taking a car loan can affect your credit score positively or negatively. Timely payments can improve your score, while missed payments can lower it.
You will typically need your Emirates ID, passport, proof of income, and bank statements to apply for a car loan in the UAE.
Factors that can affect the interest rate include your credit score, loan term, the lender's policies, and current market conditions.
Yes, some lenders may have hidden fees such as processing fees, insurance costs, or early repayment penalties. It's important to read the loan agreement carefully.