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VIP 01 Car Loan Calculator in UAE

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

Monthly Payment

AED 17,859

Down Payment

AED 53,000

Total Cost

AED 267,308

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 17,859	AED 196,449
2	AED 17,859	AED 178,590
3	AED 17,859	AED 160,731
4	AED 17,859	AED 142,872
5	AED 17,859	AED 125,013
6	AED 17,859	AED 107,154
7	AED 17,859	AED 89,295
8	AED 17,859	AED 71,436
9	AED 17,859	AED 53,577
10	AED 17,859	AED 35,718
11	AED 17,859	AED 17,859
12	AED 17,859	AED 0

Monthly Payment Composition

Interest: 193

Principal: 17666

VIP 01 Car Loan Calculator FAQs in UAE

The VIP 01 car loan is a special financing option in the UAE that offers competitive interest rates and flexible repayment terms for purchasing luxury vehicles.

You can apply for the VIP 01 car loan by visiting a bank branch, completing the application form, and providing the necessary documentation such as income proof, identification, and vehicle details.

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

Consider the interest rates, loan terms, your budget for monthly payments, and any additional fees that may apply.

Factors affecting the car loan exchange rate include market interest rates, the borrower's credit history, and the overall economic conditions.