The report covers market size on the basis of credit disbursed, number of cars financed and new and used car penetration, segmentation on the basis of new and used car finance, tenure of loan for new car and used car and number of new cars financed in each region.
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The auto hire-purchase sector tends to align itself with the domestic market for automobiles. Given its relationship with this market, the sector naturally plays an important role in the overall growth of the economy.
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The UAE car finance market is segmented by new and used car finance, by tenure of loan for new and used car on the basis of number of cars financed and by emirate on the basis of number of new cars financed.
CitiAssist offers a 0.25% interest rate reduction for auto-debit of loan payments. ... Repayment calculators - FAQs and additional loan information ...