At UAE Auto Loans, we offer competitive interest rates on all of our auto loans. Whether you're looking to buy a used car or refinance your current loan, our team is here to help. We understand that everyone's situation is different, and that's why we work with you to find the loan options that work best for you. Our goal is to make the process of buying a car as easy and stress-free as possible. Contact us today to learn more and get started on your journey to car ownership!
Bank have different bank interest rate and charges , usually all depend up on there promotion . when u go for used car you can see in advertising 2.5 % interest. This is depend up on many criteria ,may be you should be the privilege's customer of that bank , may be you should have minimum salary what they limit, limit the year of model cars , company profile may can be a matter , length of service with that company etc. so remember advertisement always just to attract .
Normally you can except if your salary is 3000 to 5000 then your interest can be 5.5 % to 6.5% , if salary is more than 5000 to 10000 then you can except bank interest will be approximately 3.5 to 6% if salary you are getting more than 10000 to more 2.5% to 5.5 %, For ijara (refinance ) interest will be start at 4.1 at any salary .
This all approximate percentages given , its can be little changes depend up on if there any bank promotions, so when you really want to go with car loan talk with our agent then submit your documents , then know the exact figure from the bank its self .