Get pre-approved for finance
Estimate your monthly instalment and register your interest in finance. Down payment from 20%, tenure up to 60 months. Figures are indicative — final rates and approval are set by the lender.
20% · AED 24,000
Estimated monthly
AED 1,838/mo
2.98% flat · 5.60% reducing (interest)
Down payment
AED 24,000
Financed
AED 96,000
Total cost
AED 134,289
Indicative only. Rate, approval and terms are set by the partner bank/funder and subject to eligibility.
Buying outrightAED 120,000
On finance (total)AED 134,289
Extra cost of finance+AED 14,289
Example based on advertised UAE bank car-loan rates. Islamic (Sharia-compliant) car finance is available from most banks at similar rates.
Car finance in the UAE: the rules
- Banks can finance up to 80% of the car price, so the down payment is at least 20% (UAE Central Bank).
- Maximum term is 60 months. For used cars, most banks want the car under about 10 years old at the end of the term.
- All your monthly loan and card repayments together cannot exceed 50% of your salary.
- Most banks ask for a minimum salary of around AED 5,000 a month, a UAE residence visa, Emirates ID and a good AECB credit score. Salary transfer often gets a lower rate.
- Comprehensive insurance is required while the car is financed, and the bank is registered on the car until you settle.
- Settling early: banks can charge at most 1% of the outstanding amount.
Am I eligible?
An indicative estimate — not a credit decision. The funder makes the final call.
UAE residency + Emirates ID?
AECB credit score (optional)