What is the car loan process for financing a Genesis G90 2024 3.5T Royal E/SC AWD in KSA?

The car loan process typically involves selecting the vehicle, submitting a loan application with required documents, getting approved by the bank, and signing the loan agreement.

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

Taking a car loan can affect your credit score positively if you make timely payments, but missed payments can negatively impact your score.

What should I consider before applying for a car loan for the Genesis G90 in KSA?

Consider your budget, interest rates, loan terms, your credit score, and any additional fees before applying for a car loan.

What factors can influence the interest rate of my car loan in KSA?

Factors that can influence the interest rate include your credit score, the loan amount, the term of the loan, and the bank's policies.

What documents are required to apply for a car loan for a Genesis G90 in KSA?

Typically, you will need proof of income, identification, a credit report, and details of the vehicle you wish to purchase.

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Genesis G90 2024 3.5T Royal E/SC AWD Car Loan Calculator in KSA

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

Monthly Payment

SAR 33,831

Down Payment

SAR 100,400

Total Cost

SAR 506,372

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 33,831	SAR 372,141
2	SAR 33,831	SAR 338,310
3	SAR 33,831	SAR 304,479
4	SAR 33,831	SAR 270,648
5	SAR 33,831	SAR 236,817
6	SAR 33,831	SAR 202,986
7	SAR 33,831	SAR 169,155
8	SAR 33,831	SAR 135,324
9	SAR 33,831	SAR 101,493
10	SAR 33,831	SAR 67,662
11	SAR 33,831	SAR 33,831
12	SAR 33,831	SAR 0

Monthly Payment Composition

Interest: 365

Principal: 33466

Genesis G90 2024 3.5T Royal E/SC AWD Car Loan Calculator FAQs in KSA

The car loan process typically involves selecting the vehicle, submitting a loan application with required documents, getting approved by the bank, and signing the loan agreement.
Taking a car loan can affect your credit score positively if you make timely payments, but missed payments can negatively impact your score.
Consider your budget, interest rates, loan terms, your credit score, and any additional fees before applying for a car loan.
Factors that can influence the interest rate include your credit score, the loan amount, the term of the loan, and the bank's policies.
Typically, you will need proof of income, identification, a credit report, and details of the vehicle you wish to purchase.