Used Car Loan in UAE — Finance Pre-Owned From 3.29%
Finance a pre-owned car up to 7 years old from 20+ UAE banks — rates from 3.29% p.a., flexible tenors, and fast approval.
FinanceMarket.ae compares used car loan offers so you secure the right loan-to-value for the vehicle’s age and a monthly EMI that fits your budget.
A used car loan in the UAE finances a pre-owned vehicle that is typically up to 7 years old at the end of the loan term. Because the asset is depreciating, banks price these loans slightly higher than new car loans — from around 3.29% p.a. — and may finance a lower share of value for older cars. You will usually need a bank or dealer valuation, your Emirates ID and salary certificate, and a clean AECB record. FinanceMarket.ae compares used car loan offers from every participating UAE bank in a single screen.
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Documents Required to Apply for an Auto Loan in Dubai, the UAE
Pick your profile below — the checklist differs by applicant type.
- Passport copy
- Emirates ID copy
- Khulasat Al Qaid
- Valid UAE driving licence
- Salary Certificate / Employment Letter addressed to the bank
- Bank statements for the last 3–6 months
- AECB credit report
- Car quotation / proforma invoice from the dealer
- Vehicle registration (Mulkiya) / valuation for used cars
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Frequently Asked Questions
Answers to the most common questions about business finance in the UAE.