What are the requirements for obtaining a car loan for the Genesis G70 2021 3.3T Platinum in KSA?

Typically, you will need to provide proof of income, identification, residency, and a good credit score to qualify for a car loan.

How does taking out a loan affect my credit score in KSA?

Taking out a loan can initially lower your credit score, but if you make timely payments, it can improve your score over time.

Factors include your credit score, loan amount, loan term, and the current economic conditions in KSA.

Many banks allow early repayments, but it's important to check if there are any penalties before doing so.

Consider the interest rate, loan term, monthly payments, and any additional fees associated with the loan.

CarteaCar Loan Calculator

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

Total Car Price-

Down PaymentSAR 38,625

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 154,758	SAR 0

Typically, you will need to provide proof of income, identification, residency, and a good credit score to qualify for a car loan.
Taking out a loan can initially lower your credit score, but if you make timely payments, it can improve your score over time.
Factors include your credit score, loan amount, loan term, and the current economic conditions in KSA.
Many banks allow early repayments, but it's important to check if there are any penalties before doing so.
Consider the interest rate, loan term, monthly payments, and any additional fees associated with the loan.