I think what the other poster ment was thay you cannot buy a car for 200.000, take the loan to pay 70.000 and get financing from the bank for the rest. You can however use the 70.000 to pay part of the car but you need to pay the rest in cash somehow. This is how it works:

1. You make a deal with the seller, an individual or a dealer. Write up an agreement.
2. Fill in the application form for the car loan and hand that over with the sale agreement and car evaluation report from the seller.
3. Emirates will then issue a cheque in the name of the seller.

I used the Emirates loan as a deposit and personal loan for the rest. It can be done.

It can be done with a personal loan, but the regs say only one car loan for a car because of the legal issues if you default on a loan - if you have two loans on one item, then it becomes very muddy who then owns it.

The company car loan is the best rate, but you won't get much for it, and a lot of people buy new because checking the service and accident history is not as easy, the heat and dust degrade cars quickly and a lot of cars are abused or neglected. Most of the garage staff are shockingly bad at their jobs; there's no way I'd trust them with any significant repairs.

And be careful of a "certified" used car from a dealer. Have a friend who did that and found out later the car had been severely damaged in an accident. When getting new tyres, he was asked when the car was damaged, due to the fact they couldn't align the steering because the frame was bent. This was from a big dealership.