Drive away faster. Compare new and used car finance from UAE banks — rates as low as 2.49% p.a., tenures up to 60 months, and finance up to 85% of vehicle value.
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FAQs
Car loan questions
What's the maximum I can finance for a car in the UAE?
UAE Central Bank caps car finance at 80% of vehicle value for expatriates, with a maximum tenure of 60 months. Most banks extend up to 85% for nationals and may offer 100% financing for select premium customers.
What's the difference between dealer finance and bank loan?
Dealer finance is usually arranged through the showroom — often at a slightly higher effective rate, but with bundled insurance and fast paperwork. A direct bank loan typically gives you a lower rate and more flexibility, but you'll need to sort out insurance and registration yourself.
Can I finance a used car?
Yes — most banks finance used vehicles up to 5–7 years old. Rates are usually 0.5–1% higher than new car rates, and the maximum loan-to-value is around 75–80%. Use the "Used car" filter to see eligible products.
What is balloon payment finance?
Balloon (or "deferred") finance lets you pay smaller monthly instalments with a large lump sum — usually 30–50% of the vehicle price — due at the end of the tenure. It's common with premium vehicles. Not all banks offer it, so check with the bank directly.