What are the loan options available for purchasing a Yukon 5.3 V8 SLT (AWD) in the UAE?

In the UAE, you can choose between conventional auto loans, Islamic financing options, and specialized car loans offered by banks and financial institutions.

How does the car loan process work for the Yukon 5.3 V8 SLT (AWD)?

The car loan process generally involves applying for a loan, providing necessary documentation, getting loan approval, and then finalizing the purchase with the dealer.

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

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

What should I look out for when applying for a car loan for the Yukon 5.3 V8 SLT (AWD)?

Consider the interest rates, loan terms, fees, and any additional insurance or warranty costs when applying for a car loan.

What factors can affect the interest rates on a car loan for the Yukon 5.3 V8 SLT (AWD)?

Factors that can affect interest rates include your credit score, the loan amount, the loan term, and the lender's policies.

CarteaCar Loan Calculator

Yukon 5.3 V8 SLT (AWD) Car Loan Calculator in UAE

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

Monthly Payment

AED 18,735

Down Payment

AED 55,600

Total Cost

AED 280,420

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 18,735	AED 206,085
2	AED 18,735	AED 187,350
3	AED 18,735	AED 168,615
4	AED 18,735	AED 149,880
5	AED 18,735	AED 131,145
6	AED 18,735	AED 112,410
7	AED 18,735	AED 93,675
8	AED 18,735	AED 74,940
9	AED 18,735	AED 56,205
10	AED 18,735	AED 37,470
11	AED 18,735	AED 18,735
12	AED 18,735	AED 0

Monthly Payment Composition

Interest: 202

Principal: 18533

Yukon 5.3 V8 SLT (AWD) Car Loan Calculator FAQs in UAE

In the UAE, you can choose between conventional auto loans, Islamic financing options, and specialized car loans offered by banks and financial institutions.
The car loan process generally involves applying for a loan, providing necessary documentation, getting loan approval, and then finalizing the purchase with the dealer.
Yes, taking out a car loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.
Consider the interest rates, loan terms, fees, and any additional insurance or warranty costs when applying for a car loan.
Factors that can affect interest rates include your credit score, the loan amount, the loan term, and the lender's policies.