What are the financing options available for purchasing the XTrail SV + OPT 4WD (7-Seater) in UAE?

In UAE, you can choose from various financing options including bank loans, dealer financing, and personal loans specifically tailored for car purchases.

How does applying for a car loan affect my credit score?

Applying for a car loan may have a temporary impact on your credit score due to the hard inquiry on your credit report, but timely repayments can improve your score over time.

What should I consider before taking a car loan for the XTrail SV + OPT 4WD (7-Seater)?

Before taking a car loan, consider your monthly budget, interest rates, loan terms, and your ability to make timely payments.

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

Factors that can influence the interest rate include your credit score, the length of the loan, the down payment amount, and the lender's policies.

Is it better to finance through a bank or the dealership when buying the XTrail SV + OPT 4WD (7-Seater)?

It depends on the terms and interest rates offered. Banks may offer better rates but dealerships might provide convenience and promotions. It's best to compare both options.

CarteaCar Loan Calculator

XTrail SV + OPT 4WD (7-Seater) Car Loan Calculator in UAE

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

Monthly Payment

AED 8,964

Down Payment

AED 26,600

Total Cost

AED 134,168

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 8,964	AED 98,604
2	AED 8,964	AED 89,640
3	AED 8,964	AED 80,676
4	AED 8,964	AED 71,712
5	AED 8,964	AED 62,748
6	AED 8,964	AED 53,784
7	AED 8,964	AED 44,820
8	AED 8,964	AED 35,856
9	AED 8,964	AED 26,892
10	AED 8,964	AED 17,928
11	AED 8,964	AED 8,964
12	AED 8,964	AED 0

Monthly Payment Composition

Interest: 98

Principal: 8866

XTrail SV + OPT 4WD (7-Seater) Car Loan Calculator FAQs in UAE

In UAE, you can choose from various financing options including bank loans, dealer financing, and personal loans specifically tailored for car purchases.
Applying for a car loan may have a temporary impact on your credit score due to the hard inquiry on your credit report, but timely repayments can improve your score over time.
Before taking a car loan, consider your monthly budget, interest rates, loan terms, and your ability to make timely payments.
Factors that can influence the interest rate include your credit score, the length of the loan, the down payment amount, and the lender's policies.
It depends on the terms and interest rates offered. Banks may offer better rates but dealerships might provide convenience and promotions. It's best to compare both options.