What is the car loan process for purchasing the X35 1.5L Elite in the UAE?

The car loan process typically involves selecting the vehicle, applying for a loan through a bank or financial institution, submitting necessary documents, and receiving approval before finalizing the purchase.

Will taking a loan for the X35 1.5L Elite affect my credit score?

Yes, taking a loan can impact your credit score. If you make timely repayments, it can improve your score, but missed payments can have a negative effect.

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

You should be aware of the interest rates, loan tenure, processing fees, and your eligibility criteria based on income and credit history.

What factors can affect the loan interest rate for the X35 1.5L Elite?

Factors that can affect the loan interest rate include your credit score, the loan amount, the loan tenure, and the bank's policies.

Are there any specific documents required for a car loan application in the UAE?

Yes, typically you will need to provide proof of identity, proof of income, bank statements, and any other documents required by the lender.

CarteaCar Loan Calculator

X35 1.5L Elite Car Loan Calculator in UAE

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

Monthly Payment

AED 4,239

Down Payment

AED 12,580

Total Cost

AED 63,448

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 4,239	AED 46,629
2	AED 4,239	AED 42,390
3	AED 4,239	AED 38,151
4	AED 4,239	AED 33,912
5	AED 4,239	AED 29,673
6	AED 4,239	AED 25,434
7	AED 4,239	AED 21,195
8	AED 4,239	AED 16,956
9	AED 4,239	AED 12,717
10	AED 4,239	AED 8,478
11	AED 4,239	AED 4,239
12	AED 4,239	AED 0

Monthly Payment Composition

Interest: 46

Principal: 4193

X35 1.5L Elite Car Loan Calculator FAQs in UAE

The car loan process typically involves selecting the vehicle, applying for a loan through a bank or financial institution, submitting necessary documents, and receiving approval before finalizing the purchase.
Yes, taking a loan can impact your credit score. If you make timely repayments, it can improve your score, but missed payments can have a negative effect.
You should be aware of the interest rates, loan tenure, processing fees, and your eligibility criteria based on income and credit history.
Factors that can affect the loan interest rate include your credit score, the loan amount, the loan tenure, and the bank's policies.
Yes, typically you will need to provide proof of identity, proof of income, bank statements, and any other documents required by the lender.