written by Toby WheelerMarch 15, 2025 Thinking about refinancing your car loan in the UAE? Refinancing can help you lower your monthly payments, secure a better interest rate, and improve loan terms. Whether you want to reduce financial strain or switch lenders for better service, understanding the refinancing process is key. In this guide, we’ll explore
written by Mark FletcherMarch 14, 2025 Purchasing a new or used car in the UAE often requires financing, and understanding the key differences between new and used car loans can help you make an informed decision. While new car loans come with lower interest rates, higher loan amounts, and longer repayment tenures, used car financing may
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 FletcherMarch 12, 2025 Since the introduction of VAT in the UAE, car buyers have faced higher car prices and increased car loan costs. Whether you’re purchasing a new or used car, financing with a car loan, or leasing a vehicle, it’s essential to understand how VAT affects car prices and loans. This guide
written by Toby WheelerMarch 11, 2025 Financing a car in the UAE requires careful planning, and a car loan calculator is an essential tool to help estimate your monthly payments, compare interest rates, and choose the best financing option. Whether you’re buying a new or used car, understanding how to use a car loan calculator in
written by Mark FletcherMarch 10, 2025 When financing a car in the UAE, deciding between a short-term vs. long-term car loan is crucial. Short-term loans help you clear debt faster with lower interest costs, while long-term loans offer smaller monthly payments but higher total expenses. In this guide, we compare both options to help you choose
written by Mark FletcherMarch 2, 2025 Transferring a car loan in the UAE when selling your vehicle requires careful planning. Whether you’re settling the loan or transferring it to a new buyer, understanding the process is crucial. In this guide, we will explain how to transfer a car loan in the UAE, including the required steps,
written by Toby WheelerFebruary 27, 2025 Owning a car in the UAE is often a necessity rather than a luxury, but financing it can be expensive if not planned carefully. Car loans come with interest rates, fees, and other costs that can quickly add up. The good news is that with the right strategies, you can
written by Mark FletcherFebruary 25, 2025 Before applying for a car loan in the UAE, your debt-to-income (DTI) ratio plays a crucial role in approval chances. A high DTI can make it difficult to secure a loan with favorable terms, while a lower DTI improves your financial credibility. In this guide, we’ll explain what DTI is,
written by Toby WheelerFebruary 23, 2025 Looking to secure the best car loan in the UAE? Many banks offer flexible financing, but negotiating your car loan terms can save you thousands of dirhams. By understanding interest rates, comparing multiple banks, and leveraging your credit score, you can secure lower interest rates, reduced fees, and better repayment
