What are the financing options available for purchasing a Genesis GV70 2021 2.5T Platinum in KSA?

In KSA, you can choose from various financing options such as bank loans, dealership financing, and leasing. Each option has different terms and interest rates.

How do I apply for a car loan for the Genesis GV70 in KSA?

To apply for a car loan, you typically need to visit a bank or financial institution, submit required documents such as your ID, proof of income, and fill out an application form.

Will taking a car loan affect my credit score in KSA?

Yes, taking a car loan can affect your credit score. Timely repayments may improve your score, while missed payments can harm it.

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

You should consider the interest rate, loan term, monthly payments, and any additional fees or insurance that may apply.

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

Factors include your credit score, the loan amount, term length, and the financial institution's policies.

CarteaCar Loan Calculator

Genesis GV70 2021 2.5T Platinium Car Loan Calculator in KSA

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

Monthly Payment

SAR 17,593

Down Payment

SAR 52,210

Total Cost

SAR 263,326

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 17,593	SAR 193,523
2	SAR 17,593	SAR 175,930
3	SAR 17,593	SAR 158,337
4	SAR 17,593	SAR 140,744
5	SAR 17,593	SAR 123,151
6	SAR 17,593	SAR 105,558
7	SAR 17,593	SAR 87,965
8	SAR 17,593	SAR 70,372
9	SAR 17,593	SAR 52,779
10	SAR 17,593	SAR 35,186
11	SAR 17,593	SAR 17,593
12	SAR 17,593	SAR 0

Monthly Payment Composition

Interest: 190

Principal: 17403

Genesis GV70 2021 2.5T Platinium Car Loan Calculator FAQs in KSA

In KSA, you can choose from various financing options such as bank loans, dealership financing, and leasing. Each option has different terms and interest rates.
To apply for a car loan, you typically need to visit a bank or financial institution, submit required documents such as your ID, proof of income, and fill out an application form.
Yes, taking a car loan can affect your credit score. Timely repayments may improve your score, while missed payments can harm it.
You should consider the interest rate, loan term, monthly payments, and any additional fees or insurance that may apply.
Factors include your credit score, the loan amount, term length, and the financial institution's policies.