Quote:
Originally Posted by Ben_130
My question is more to do with finance if buying a car.
I have read in various guides that you can get finance from the dealer or banks.
Say for example I wanted a car that was 100,000AED and I wanted it on finance, what would the rough monthly costs in paying back the loan be?
|
Ben
(variables are; New or Used car? Financing the insurance or paying cash? Over 25? Sports car or Sedan/4WD?)
100000Dh on a Second hand car, monthly payments at quoted 3.49% flat rate are:
3 yrs-3068
4 yrs-2374
5 yrs-1957
and at 4.25%?
3 yrs-3131
4yrs-2437
5 yrs-2020
These are qouted figures from AGMC (BMW agent) using ADIB and ENBD finance.
hope that helps
Waz
P.S. a 'sports car' appears to be anything with two doors irrespective of performance
