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

In KSA, you can choose between traditional bank loans, leasing options, or financing through the dealership. Each option has different terms and conditions.

How can I apply for a car loan for the Genesis GV70 2021 in KSA?

To apply for a car loan, you typically need to visit a bank or financial institution, provide your identification, income proof, and details about the vehicle you wish to purchase.

Will taking a loan for the Genesis GV70 affect my credit score in KSA?

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

What should I consider before taking a car loan for the Genesis GV70?

Consider the total cost of the loan, interest rates, 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, the loan amount, the term of the loan, and the policies of the lending institution.

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

In KSA, you can choose between traditional bank loans, leasing options, or financing through the dealership. Each option has different terms and conditions.
To apply for a car loan, you typically need to visit a bank or financial institution, provide your identification, income proof, and details about the vehicle you wish to purchase.
Yes, taking a loan can impact your credit score. Timely payments can improve your score, while missed payments can lower it.
Consider the total cost of the loan, interest rates, your repayment capacity, and any additional fees associated with the loan.
Factors include your credit score, the loan amount, the term of the loan, and the policies of the lending institution.