Re: Low Interest Rates In Car Insurance
Mar 20, 2014
The average interest rate for a car loan in the UAE right now is 3.38% flat (which is around 6.32% reducing). You can compare auto loan rates from multiple UAE banks on several site, including: http://www.bayzat.com/auto-loans
You will find a range of around 2.25%-6%; note that for many banks, rates are higher for used car loans. Also, if you are looking for a used car, the car model year should not be more than 5 years old.
- Dubai Expat Wannabe
- Posts: 6
- Location: Dubai AE