written by Toby WheelerMarch 13, 2025 When financing a car in the UAE, one of the key aspects to consider is the Down Payments on Car Loans. A down payment is the upfront amount you pay toward the car’s purchase price, which reduces the amount you need to borrow through a car loan. The size of
written by Mark FletcherFebruary 13, 2025 If you’re planning to buy a car in the UAE, understanding how much you can borrow is essential. The UAE car loan limits depend on factors like your income, credit score, and the car’s value. The UAE Central Bank has regulations to ensure responsible borrowing, including the Loan-to-Value (LTV) ratio
written by Toby WheelerFebruary 11, 2025 Choosing the right car loan term in the UAE is essential for managing your finances effectively. The loan duration impacts your monthly payments, interest costs, and the overall affordability of your car purchase. Should you opt for a shorter term with higher payments or a longer one with lower installments?
written by Mark FletcherFebruary 9, 2025 When it comes to buying a car in the UAE, understanding auto financing options can be overwhelming, especially with the variety of loan types, interest rates, and eligibility requirements available. Whether you’re a first-time car buyer or someone looking to refinance your existing loan, having the right knowledge will ensure
