What are the financing options available for purchasing a Volkswagen Touareg 2020 3.0T in the UAE?

In the UAE, you can choose between bank loans, dealership financing, or Islamic financing options. Each option has different terms and conditions.

How do I apply for a car loan for the Volkswagen Touareg 2020 in the UAE?

You can apply for a car loan by visiting a bank or financial institution, providing necessary documents such as ID, salary certificate, and the vehicle's details.

Will taking a car loan impact my credit score in the UAE?

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

What should I be aware of when applying for a car loan in the UAE?

Be aware of interest rates, loan terms, and any additional fees. It's also important to read the fine print of the loan agreement.

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

Factors include your credit score, the loan amount, the loan tenure, and the current market interest rates.

CarteaCar Loan Calculator

Volkswagen Touareg 2020 3.0T 1 Million Package (340 HP) Car Loan Calculator in UAE

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

Monthly Payment

AED 21,613

Down Payment

AED 64,140

Total Cost

AED 323,496

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 21,613	AED 237,743
2	AED 21,613	AED 216,130
3	AED 21,613	AED 194,517
4	AED 21,613	AED 172,904
5	AED 21,613	AED 151,291
6	AED 21,613	AED 129,678
7	AED 21,613	AED 108,065
8	AED 21,613	AED 86,452
9	AED 21,613	AED 64,839
10	AED 21,613	AED 43,226
11	AED 21,613	AED 21,613
12	AED 21,613	AED 0

Monthly Payment Composition

Interest: 233

Principal: 21380

Volkswagen Touareg 2020 3.0T 1 Million Package (340 HP) Car Loan Calculator FAQs in UAE

In the UAE, you can choose between bank loans, dealership financing, or Islamic financing options. Each option has different terms and conditions.
You can apply for a car loan by visiting a bank or financial institution, providing necessary documents such as ID, salary certificate, and the vehicle's details.
Yes, taking a car loan can impact your credit score. Timely repayments can improve your score, while missed payments can lower it.
Be aware of interest rates, loan terms, and any additional fees. It's also important to read the fine print of the loan agreement.
Factors include your credit score, the loan amount, the loan tenure, and the current market interest rates.