Dubai - Car Finance

Author
Discussion

DannyT

Original Poster:

158 posts

230 months

Thursday 22nd March 2012
quotequote all
Hello! I'm looking into car finance at the moment and it appears that every provider takes AED2,500 up front? I'm getting used to having to lube myself in anticipation of any transaction, but that, combined with the minimum 20% deposit, seem a trifle harsh.

Is this a case of just suck it up, or is there a way around these two rather frustrating up-front costs? What with furniture, 2 cheque rent etc etc that I'm sure you've all gone through too - it does make the first few months a traumatic experience seeing all this cash flowing the wrong way!

Any advice on who is best to borrow from would be gratefully received!!!

(Oh - and its most likely to buy a Golf R btw)

shirt

23,230 posts

207 months

Friday 23rd March 2012
quotequote all
i took a personal loan for the jeep. apr is a couple of points higher but up processing fee was 300dhs and i can change my car or bank anytime i like.

another way would be to stick in on your uae credit card if you have a high enough limit.

K50 DEL

9,333 posts

234 months

Friday 23rd March 2012
quotequote all
I just rented a cheap nail for a couple of months until I could afford to buy in cash... I dislike credit and didn't want anything hanging around my neck.