What are the financing options available for purchasing a Genesis G70 2023 2.0T Premium in KSA?

In KSA, financing options for the Genesis G70 2023 2.0T Premium typically include bank loans, dealership financing, and leasing options. Each option has different terms and interest rates.

How does a car loan affect my credit score in KSA?

Taking out a car loan can affect your credit score positively or negatively, depending on your repayment behavior. Timely payments can improve your score, while missed payments can harm it.

What documents do I need to apply for a car loan in KSA?

To apply for a car loan in KSA, you typically need to provide your ID, proof of income, bank statements, and details about the car you wish to purchase.

What factors can affect my car loan interest rate in KSA?

Factors that can affect your car loan interest rate in KSA include your credit score, the loan amount, the loan term, and current market conditions.

Is it better to finance a new car or buy it outright in KSA?

It depends on your financial situation. Financing a new car can allow you to manage your cash flow better, while buying outright can save you interest costs in the long run.

CarteaCar Loan Calculator

Genesis G70 2023 2.0T Premium Car Loan Calculator in KSA

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

Monthly Payment

SAR 14,682

Down Payment

SAR 43,570

Total Cost

SAR 219,754

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 14,682	SAR 161,502
2	SAR 14,682	SAR 146,820
3	SAR 14,682	SAR 132,138
4	SAR 14,682	SAR 117,456
5	SAR 14,682	SAR 102,774
6	SAR 14,682	SAR 88,092
7	SAR 14,682	SAR 73,410
8	SAR 14,682	SAR 58,728
9	SAR 14,682	SAR 44,046
10	SAR 14,682	SAR 29,364
11	SAR 14,682	SAR 14,682
12	SAR 14,682	SAR 0

Monthly Payment Composition

Interest: 159

Principal: 14523

Genesis G70 2023 2.0T Premium Car Loan Calculator FAQs in KSA

In KSA, financing options for the Genesis G70 2023 2.0T Premium typically include bank loans, dealership financing, and leasing options. Each option has different terms and interest rates.
Taking out a car loan can affect your credit score positively or negatively, depending on your repayment behavior. Timely payments can improve your score, while missed payments can harm it.
To apply for a car loan in KSA, you typically need to provide your ID, proof of income, bank statements, and details about the car you wish to purchase.
Factors that can affect your car loan interest rate in KSA include your credit score, the loan amount, the loan term, and current market conditions.
It depends on your financial situation. Financing a new car can allow you to manage your cash flow better, while buying outright can save you interest costs in the long run.