What are the loan options available for purchasing the Genesis G70 2022 2.0T Prestige in KSA?

In KSA, you can choose from various loan options such as conventional loans, Islamic financing, and lease-to-own agreements through banks and financial institutions.

How do I apply for a car loan for the Genesis G70 2022 2.0T Prestige?

You can apply for a car loan by visiting a bank or financial institution, filling out an application form, providing necessary documentation such as identification and income proof, and awaiting approval.

Will taking a loan for the Genesis G70 affect my credit score?

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

What should I be aware of when taking a car loan?

You should consider the interest rates, loan terms, your repayment capacity, and any additional fees associated with the loan.

What factors affect the interest rates for car loans in KSA?

Factors include your credit score, loan duration, the car's value, and market conditions.

CarteaCar Loan Calculator

Genesis G70 2022 2.0T Prestige Car Loan Calculator in KSA

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

Monthly Payment

SAR 12,372

Down Payment

SAR 36,716

Total Cost

SAR 185,180

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 12,372	SAR 136,092
2	SAR 12,372	SAR 123,720
3	SAR 12,372	SAR 111,348
4	SAR 12,372	SAR 98,976
5	SAR 12,372	SAR 86,604
6	SAR 12,372	SAR 74,232
7	SAR 12,372	SAR 61,860
8	SAR 12,372	SAR 49,488
9	SAR 12,372	SAR 37,116
10	SAR 12,372	SAR 24,744
11	SAR 12,372	SAR 12,372
12	SAR 12,372	SAR 0

Monthly Payment Composition

Interest: 134

Principal: 12238

Genesis G70 2022 2.0T Prestige Car Loan Calculator FAQs in KSA

In KSA, you can choose from various loan options such as conventional loans, Islamic financing, and lease-to-own agreements through banks and financial institutions.
You can apply for a car loan by visiting a bank or financial institution, filling out an application form, providing necessary documentation such as identification and income proof, and awaiting approval.
Yes, taking a loan can impact your credit score. Timely payments can improve your score, while missed payments can lower it.
You should consider the interest rates, loan terms, your repayment capacity, and any additional fees associated with the loan.
Factors include your credit score, loan duration, the car's value, and market conditions.