What are the financing options available for purchasing a Genesis GV70 2023 2.5T Platinum in KSA?

In KSA, you can choose from various financing options including bank loans, leasing options, and installment plans provided by dealerships.

How do I apply for a car loan for the Genesis GV70 2023 2.5T Platinum?

To apply for a car loan, you need to provide personal identification, proof of income, and details of the vehicle. You can apply directly through banks or financial institutions.

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

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

What should I be cautious about when taking a loan for the Genesis GV70?

You should be cautious about the loan terms, interest rates, and any additional fees. Ensure you understand the total cost of the loan.

What factors can affect the interest rate of my loan?

Factors affecting the interest rate include your credit score, the loan amount, the loan term, and the overall economic conditions.

CarteaCar Loan Calculator

Genesis GV70 2023 2.5T Platinium Car Loan Calculator in KSA

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

Monthly Payment

SAR 18,440

Down Payment

SAR 54,725

Total Cost

SAR 276,005

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 18,440	SAR 202,840
2	SAR 18,440	SAR 184,400
3	SAR 18,440	SAR 165,960
4	SAR 18,440	SAR 147,520
5	SAR 18,440	SAR 129,080
6	SAR 18,440	SAR 110,640
7	SAR 18,440	SAR 92,200
8	SAR 18,440	SAR 73,760
9	SAR 18,440	SAR 55,320
10	SAR 18,440	SAR 36,880
11	SAR 18,440	SAR 18,440
12	SAR 18,440	SAR 0

Monthly Payment Composition

Interest: 199

Principal: 18241

Genesis GV70 2023 2.5T Platinium Car Loan Calculator FAQs in KSA

In KSA, you can choose from various financing options including bank loans, leasing options, and installment plans provided by dealerships.
To apply for a car loan, you need to provide personal identification, proof of income, and details of the vehicle. You can apply directly through banks or financial institutions.
Yes, taking out a loan can affect your credit score. Timely repayments can improve your score, while missed payments can harm it.
You should be cautious about the loan terms, interest rates, and any additional fees. Ensure you understand the total cost of the loan.
Factors affecting the interest rate include your credit score, the loan amount, the loan term, and the overall economic conditions.