What are the financing options available for the Genesis GV70 2022 2.5T Platinum in KSA?

The financing options typically include bank loans, dealership financing, and leasing. Each option has its own terms and conditions.

How do I apply for a car loan for the Genesis GV70 2022 in KSA?

To apply for a car loan, you need to visit a bank or financial institution, provide necessary documents like ID, income proof, and vehicle details, and fill out an application form.

Will taking a car loan affect my credit score?

Yes, taking a car loan can affect your credit score. It may improve your score if you make timely payments but can lower it if you miss payments.

What should I be aware of when applying for a car loan?

You should pay attention to interest rates, loan terms, any additional fees, and your ability to make monthly payments.

What factors can affect the loan interest rates in KSA?

Factors include the central bank's policy, inflation rates, your credit history, and the overall economic condition of the country.

CarteaCar Loan Calculator

Genesis GV70 2022 2.5T Platinium Car Loan Calculator in KSA

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

Monthly Payment

SAR 15,650

Down Payment

SAR 46,445

Total Cost

SAR 234,245

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 15,650	SAR 172,150
2	SAR 15,650	SAR 156,500
3	SAR 15,650	SAR 140,850
4	SAR 15,650	SAR 125,200
5	SAR 15,650	SAR 109,550
6	SAR 15,650	SAR 93,900
7	SAR 15,650	SAR 78,250
8	SAR 15,650	SAR 62,600
9	SAR 15,650	SAR 46,950
10	SAR 15,650	SAR 31,300
11	SAR 15,650	SAR 15,650
12	SAR 15,650	SAR 0

Monthly Payment Composition

Interest: 169

Principal: 15481

Genesis GV70 2022 2.5T Platinium Car Loan Calculator FAQs in KSA

The financing options typically include bank loans, dealership financing, and leasing. Each option has its own terms and conditions.
To apply for a car loan, you need to visit a bank or financial institution, provide necessary documents like ID, income proof, and vehicle details, and fill out an application form.
Yes, taking a car loan can affect your credit score. It may improve your score if you make timely payments but can lower it if you miss payments.
You should pay attention to interest rates, loan terms, any additional fees, and your ability to make monthly payments.
Factors include the central bank's policy, inflation rates, your credit history, and the overall economic condition of the country.