What are the loan options available for purchasing a Volkswagen Tiguan 2018 1.4L SE in UAE?

In the UAE, you can typically choose between bank loans, dealership financing, and personal loans for purchasing a Volkswagen Tiguan 2018 1.4L SE.

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

Taking a car loan can impact your credit score positively or negatively depending on your repayment history. Timely payments can improve your score, while missed payments can lower it.

What documents are required to apply for a car loan for the Volkswagen Tiguan in UAE?

Typically, you will need your Emirates ID, salary certificate, bank statements, and possibly a proof of residence to apply for a car loan.

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

Interest rates can be affected by your credit score, the loan amount, the loan term, and the lender's policies.

Are there any fees associated with taking a car loan in UAE?

Yes, there may be processing fees, documentation fees, and sometimes early repayment penalties associated with car loans in UAE.

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Volkswagen Tiguan 2018 1.4L SE Car Loan Calculator in UAE

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

Monthly Payment

AED 6,874

Down Payment

AED 20,400

Total Cost

AED 102,888

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 6,874	AED 75,614
2	AED 6,874	AED 68,740
3	AED 6,874	AED 61,866
4	AED 6,874	AED 54,992
5	AED 6,874	AED 48,118
6	AED 6,874	AED 41,244
7	AED 6,874	AED 34,370
8	AED 6,874	AED 27,496
9	AED 6,874	AED 20,622
10	AED 6,874	AED 13,748
11	AED 6,874	AED 6,874
12	AED 6,874	AED 0

Monthly Payment Composition

Interest: 74

Principal: 6800

Volkswagen Tiguan 2018 1.4L SE Car Loan Calculator FAQs in UAE

In the UAE, you can typically choose between bank loans, dealership financing, and personal loans for purchasing a Volkswagen Tiguan 2018 1.4L SE.
Taking a car loan can impact your credit score positively or negatively depending on your repayment history. Timely payments can improve your score, while missed payments can lower it.
Typically, you will need your Emirates ID, salary certificate, bank statements, and possibly a proof of residence to apply for a car loan.
Interest rates can be affected by your credit score, the loan amount, the loan term, and the lender's policies.
Yes, there may be processing fees, documentation fees, and sometimes early repayment penalties associated with car loans in UAE.