✅Trusted Car Loan Experts in UAE From Devalokam
Some banks offer Zero Down Payment through special financing programs like Sukuk. These programs are available only for eligible customers and may include additional charges, terms, and conditions.
If you are not eligible for the bank's Zero Down Payment program, don't worry. We can help you explore alternative financing options, subject to the bank's approval. Our aim is to help you purchase the car with out downpayment.
When buying a car, you should also budget for On-the-Road Expenses. These are separate from the car price and may include:
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RTA charges
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Vehicle insurance
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Bank charges (if taking a loan)
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Vehicle evaluation charges
Approximate Cost:
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Without a bank loan: Around AED 2,500 – AED 3,500 (including comprehensive insurance).
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With a bank loan: Expect an additional AED 1,500 – AED 2,500 for bank processing, vehicle evaluation, and related bank charges.
These are only estimated costs. The final amount depends on the car, bank, insurance company, and your documents. We will inform you of the exact charges before you proceed.
What are the RTA (Roads & Transport Authority) charges?
RTA charges are the costs involved in transferring and registering your vehicle. Depending on your situation, they may include:
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Vehicle inspection (test)
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Previous ownership cancellation
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New vehicle registration
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Salik tag
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Number plate fees
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Traffic file opening (if your licence is from another emirate)
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Export test and document transfer (if the vehicle is from another emirate)
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Transport/logistics charges (where applicable)
The exact amount depends on the vehicle and your documents. As a general estimate, these costs are usually around AED 1,500 to AED 2,000.
How are insurance charges calculated?
Insurance costs depend on several factors, including:
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The insurance company you choose
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The type of vehicle (Saloon, SUV/Station, Coupe, etc.)
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The insured value of the vehicle
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Your age and driving experience
As a general guide, basic insurance usually starts from:
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Saloon cars: From AED 1,500
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SUV/Station vehicles: From AED 2,000
If you are purchasing the car through a bank loan, the bank normally requires comprehensive insurance covering the full value of the vehicle. Therefore, the premium may vary depending on the vehicle's value and your profile.
Drivers under 30 years of age or those with a new UAE driving licence may have to pay a slightly higher insurance premium.
What are the bank charges?
Bank charges vary depending on the bank, loan amount, and loan product you choose. In most cases, the bank processing fee is 1% to 2% of the loan amount, while some banks charge a minimum fee of AED 525.
Depending on the bank's requirements, additional charges may also apply, such as:
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Loan processing fee
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Job Loss (Credit Shield/Takaful) insurance
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Vehicle evaluation fee
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PRO/service charges (where applicable)
The vehicle evaluation fee depends on the car's value and the bank's policy.
As a general estimate, these bank-related charges are usually around AED 1,500 to AED 2,500, depending on your case.
If you want start with us
talk to us first -
then arrange your documents-
then find the car and do the inspection- and send your documents and car documents to us .
from here every thing we handile it - payment to seller - bank approval- Downpayment - insurance , evaluvation , registartion etc - complete hassil free. Just pay 525 and all other will be on your monthly instalment
Why Trust Us?
You can check our Google Reviews, customer testimonials, and TikTok & Instagram videos to see the experiences of our satisfied customers.
We believe in complete transparency. We explain all charges and the entire process in advance, so you won't receive any surprise bills.
No matter which emirate you are in, our service is available across the UAE.
We have been helping customers with car loans since 2006, and officially started our company in 2014. Our office is located at:
Madina Mall, Al Qusais, Shop I-33, Dubai
Want to see what our satisfied customers say? Click here.
