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Car Lease in the UAE

Auto leasing may be unavailable at some companies due to a customer's low credit rating. However, this doesn't apply to Takeauto in Dubai. We offer an enhanced leasing option, which involves purchasing a car on an installment plan with comfortable monthly payments, free from hidden fees and commissions. Our specialists don't require income verification, don't check your credit history, and request minimal documentation.

What credit score is required for purchasing a car on an installment plan?

When it comes to purchasing a car on an installment plan with Takeauto in the United Arab Emirates (UAE), there are no specific credit score requirements for our customers. Our specialists do not request any additional documents, do not verify income levels, and certainly do not consider credit scores.

Takeauto stands out positively among other leasing companies with its unique conditions: affordable pricing, convenient monthly payments, minimal documentation requirements, no income verification, and freedom from mileage restrictions.

Making an Informed Choice: Buying vs Leasing-to-own

Before making the decision to leasing-to-own a car, it's crucial to comprehend how it stacks up against buying a car outright. While certain principles are applicable to both purchasing and leasing, there exist notable distinctions.
Hyundai sonata
FOR 24 MONTHS
Initial fee
Per month from:
Redemption payment:
1000
4.016
15.500
AED
AED MONTHLY
AED

Buying a Car

When you opt to purchase a car, you have the choice of making a full cash payment or securing an auto loan. If you opt for an auto loan, your monthly payments will hinge on various factors, including the car's purchase price, the loan duration, and the interest rate associated with the loan.

As you steadily pay off the loan, the lender relinquishes any claim to your vehicle. Throughout the loan's duration, you bear the responsibility for car maintenance and repairs.

In the context of an auto loan, the car functions as collateral. In the event of defaulting on loan payments, the lender retains the right to repossess the vehicle and sell it to recover their financial losses. Consequently, acquiring an auto loan, even with a less-than-ideal credit score, tends to be comparatively more accessible when contrasted with leasing.

Leasing-to-own a Car

Leasing a car entails renting it with the possibility of purchasing it once the lease term concludes. Upon the expiration of the lease period, you have the option to buy the car and assume full ownership.

At Takeauto, you have the freedom to lease any car of your preference, irrespective of your less-than-perfect credit history or the absence of income documentation.
Car leasing-to-own with Takeauto in Dubai presents an excellent option for individuals seeking the advantages of driving a new car with convenient monthly payments and complete transparency without hidden fees or penalties. By considering the factors to evaluate before leasing a car, you can make an informed decision and select the leasing option that aligns with your specific needs. Whether you intend to leasing-to-own a car for personal or business use, Takeauto in Dubai offers a wide range of leasing options with the flexibility to purchase at the redemption payment. We guarantee transparent terms, well-crafted contracts, and a seamless experience when collaborating with us.

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