What are the loan options available for purchasing the XC90 2.0T B5 Momentum AWD (7-seats) in UAE?

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

How do I apply for a car loan for the XC90 in UAE?

To apply for a car loan, you typically need to provide documents such as your ID, salary certificate, bank statements, and the vehicle's details. You can apply via a bank's website or by visiting a branch.

Will taking a car loan affect my credit score?

Yes, taking a car loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments can harm it.

What factors should I consider when taking a car loan?

Consider factors like interest rates, loan tenure, monthly payment amounts, and any additional fees or charges. It's also important to compare offers from different lenders.

What influences the interest rate on my car loan in UAE?

The interest rate can be influenced by factors such as your credit score, the loan amount, the loan term, and the bank's policies. Economic conditions can also play a role.

CarteaCar Loan Calculator

XC90 2.0T B5 Momentum AWD (7-seats) Car Loan Calculator in UAE

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

Monthly Payment

AED 17,522

Down Payment

AED 52,000

Total Cost

AED 262,264

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 17,522	AED 192,742
2	AED 17,522	AED 175,220
3	AED 17,522	AED 157,698
4	AED 17,522	AED 140,176
5	AED 17,522	AED 122,654
6	AED 17,522	AED 105,132
7	AED 17,522	AED 87,610
8	AED 17,522	AED 70,088
9	AED 17,522	AED 52,566
10	AED 17,522	AED 35,044
11	AED 17,522	AED 17,522
12	AED 17,522	AED 0

Monthly Payment Composition

Interest: 189

Principal: 17333

XC90 2.0T B5 Momentum AWD (7-seats) Car Loan Calculator FAQs in UAE

In UAE, you can choose from various loan options such as bank loans, dealer financing, or personal loans. Each option has different terms and interest rates.
To apply for a car loan, you typically need to provide documents such as your ID, salary certificate, bank statements, and the vehicle's details. You can apply via a bank's website or by visiting a branch.
Yes, taking a car loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments can harm it.
Consider factors like interest rates, loan tenure, monthly payment amounts, and any additional fees or charges. It's also important to compare offers from different lenders.
The interest rate can be influenced by factors such as your credit score, the loan amount, the loan term, and the bank's policies. Economic conditions can also play a role.