As we move out of the haze of New Year offers on the latest models from auto companies, it may be a good time to pick and choose a car that suits your taste as well as your wallet.
We have picked up five popular models for you that have a good reputation in the market and come under Dh1,000 per month, making the monthly outgo easy on your pocket.
Mitsubishi Lancer EX @ Dh667 per month
Starting at Dh43,400, the Mitsubishi Lancer EX comes with a choice of two four-cylinder engines. The car comes with basic features such as power steering, locally-installed CD/MP3 player with 4 speakers, manual a/c, keyless entry, 16-inch steel wheels with covers, power windows and even colour-coded bumpers and a driver's airbag.
Once you upgrade to the mid-range GLS model, you can also get the option of larger engine, sporting body kit, rear spoiler, leather-wrapped steering wheel, cruise control, rain-sensing wipers, smart key with starter button, sunroof, 6-speaker stereo with USB port, rear camera and faux-wood panelling.
The loaded model comes with adaptive headlights, CD system with six changer, anti-lock braking system and 18-inch alloy wheels and two front airbags among other features.
Al Habtoor Motors is also offering free insurance, 5 years or 10,000 kilometers and no cost service up to 30,000 kilometer. The estimated monthly instalment is quoted by the dealer.
Honda Civic @ 999 per month
Al Futtaim Honda is giving a Dh10,000 discount on its Honda Civic model bringing down the price to Dh59,900. As advertised by the dealer you can own this car for just 999 per month. Free insurance and free window tinting are also being offered.
The new model comes with features such as audio system with AUX input for connecting a personal music player and speed-sensitive volume control, anti-lock braking system, a front dual SRS airbag system.
In the EXI and VTI models, there is also a rear-view camera for safer parking and a Bluetooth hands-free telephone system.
Honda City @ 799 per month
This Honda car comes Dh200 less than the Civic. The basic features that you will get include anti-lock brake system, 2 airbags, child seat anchors, central locking, cup holders, power steering, Power windows – front and rear, Bluetooth, CD player, cruise control among other things that this car will offer. Just as with Civic, free insurance and window tinting are on offer by the dealer.
Hyundai Elantra @ Dh936 per month
This mid-size Hyundai Elantra car comes just under Dh1000 per month. This price is based on a price tag of Dh56,900 and an auto loan of five years at a 4.7 per cent reducing interest rate per annum, charged by some local banks. This estimated monthly instalment is derived at after taking into account a 20 per cent down payment.
Standard features in this car includes power steering, electric mirrors, keyless entry, power windows, CD/MP3 stereo with AUX/USB input.
Toyata Corolla @ Dh996 per month
This popular Toyata car model also comes just under Dh1000 per month. This monthly outgo is based on the basic price of Dh60,500 of a 2015 model on a finance repayment period of 60 months with a 20 per cent down payment. The interest rate that is charged is a flat rate of 2.59 per cent or 4.7 per cent on a reducing basis.
The company is currently running a no down payment scheme on all new Toyotas. With a zero down payment your monthly expenditure will also change accordingly.
The car comes in 1.6 litre, 2 litre and the 60th anniversary edition. Basic features in a 1.6 litre model include electric power steering, audio & entertainment system, steering wheel control with audio switches, anti-lock braking system with brake assist, anti-theft system with immobilizer and cruise control.
PS: Specification levels and price may vary depending on the grade and specific model and may change.