What are the loan options available for purchasing a Genesis G70 2020 2.0T Prestige in KSA?

In KSA, you can choose from various loan options such as conventional auto loans, Islamic financing options, and leasing agreements. Each option has different terms and conditions.

How do I apply for a car loan for the Genesis G70 2020 2.0T Prestige?

To apply for a car loan, you need to visit a bank or financial institution, provide necessary documents such as your ID, proof of income, and details of the vehicle, and fill out an application form.

Will taking out a loan affect my credit score?

Yes, taking out a loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.

What should I consider before taking a loan for the Genesis G70 2020 2.0T Prestige?

Before taking a loan, consider your monthly budget, the interest rates, loan terms, and your ability to repay the loan on time.

What factors can influence the loan interest rates for the Genesis G70 2020 2.0T Prestige?

Factors that can influence loan interest rates include your credit score, the loan amount, the loan term, and the current economic conditions.

CarteaCar Loan Calculator

Genesis G70 2020 2.0T Prestige Car Loan Calculator in KSA

To finance this car, you can first calculate the installment price in KSA

Monthly Payment

SAR 11,365

Down Payment

SAR 33,726

Total Cost

SAR 170,106

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 11,365	SAR 125,015
2	SAR 11,365	SAR 113,650
3	SAR 11,365	SAR 102,285
4	SAR 11,365	SAR 90,920
5	SAR 11,365	SAR 79,555
6	SAR 11,365	SAR 68,190
7	SAR 11,365	SAR 56,825
8	SAR 11,365	SAR 45,460
9	SAR 11,365	SAR 34,095
10	SAR 11,365	SAR 22,730
11	SAR 11,365	SAR 11,365
12	SAR 11,365	SAR 0

Monthly Payment Composition

Interest: 123

Principal: 11242

Genesis G70 2020 2.0T Prestige Car Loan Calculator FAQs in KSA

In KSA, you can choose from various loan options such as conventional auto loans, Islamic financing options, and leasing agreements. Each option has different terms and conditions.
To apply for a car loan, you need to visit a bank or financial institution, provide necessary documents such as your ID, proof of income, and details of the vehicle, and fill out an application form.
Yes, taking out a loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.
Before taking a loan, consider your monthly budget, the interest rates, loan terms, and your ability to repay the loan on time.
Factors that can influence loan interest rates include your credit score, the loan amount, the loan term, and the current economic conditions.