What is the process for obtaining a car loan for the XTerra 2.5L Titanium (4WD) in the UAE?

To obtain a car loan for the XTerra 2.5L Titanium (4WD) in the UAE, you typically need to provide income proof, residency documents, and the vehicle details to the bank. After submitting your application, the bank will assess your creditworthiness and offer you a loan amount based on your eligibility.

Will taking a loan for the XTerra 2.5L Titanium (4WD) affect my credit score?

Yes, taking out a loan can impact your credit score. If you make timely payments, it can improve your score, but missed payments may lower it. It's important to manage the loan responsibly.

What are the key factors to consider when applying for a car loan in the UAE?

Key factors include the interest rate, loan tenure, your credit history, and the down payment amount. Additionally, consider any processing fees or additional charges.

How does the loan currency impact the overall cost of financing my XTerra 2.5L Titanium (4WD)?

The currency of the loan can affect the interest rate and exchange rates if you are purchasing the vehicle in a different currency. Fluctuations in currency exchange rates can increase the total repayment amount.

What documents are required to apply for a loan for the XTerra 2.5L Titanium (4WD)?

You will typically need to provide your Emirates ID, salary certificate, bank statements, proof of residence, and vehicle purchase invoice to apply for the loan.

CarteaCar Loan Calculator

XTerra 2.5L Titanium (4WD) Car Loan Calculator in UAE

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

Monthly Payment

AED 8,290

Down Payment

AED 24,600

Total Cost

AED 124,080

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 8,290	AED 91,190
2	AED 8,290	AED 82,900
3	AED 8,290	AED 74,610
4	AED 8,290	AED 66,320
5	AED 8,290	AED 58,030
6	AED 8,290	AED 49,740
7	AED 8,290	AED 41,450
8	AED 8,290	AED 33,160
9	AED 8,290	AED 24,870
10	AED 8,290	AED 16,580
11	AED 8,290	AED 8,290
12	AED 8,290	AED 0

Monthly Payment Composition

Interest: 90

Principal: 8200

XTerra 2.5L Titanium (4WD) Car Loan Calculator FAQs in UAE

To obtain a car loan for the XTerra 2.5L Titanium (4WD) in the UAE, you typically need to provide income proof, residency documents, and the vehicle details to the bank. After submitting your application, the bank will assess your creditworthiness and offer you a loan amount based on your eligibility.
Yes, taking out a loan can impact your credit score. If you make timely payments, it can improve your score, but missed payments may lower it. It's important to manage the loan responsibly.
Key factors include the interest rate, loan tenure, your credit history, and the down payment amount. Additionally, consider any processing fees or additional charges.
The currency of the loan can affect the interest rate and exchange rates if you are purchasing the vehicle in a different currency. Fluctuations in currency exchange rates can increase the total repayment amount.
You will typically need to provide your Emirates ID, salary certificate, bank statements, proof of residence, and vehicle purchase invoice to apply for the loan.