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.

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.

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 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.