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Genesis GV70 2023 2.5T Premium Car Loan Calculator in KSA

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

Monthly Payment

SAR 18,014

Down Payment

SAR 53,460

Total Cost

SAR 269,628

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 18,014	SAR 198,154
2	SAR 18,014	SAR 180,140
3	SAR 18,014	SAR 162,126
4	SAR 18,014	SAR 144,112
5	SAR 18,014	SAR 126,098
6	SAR 18,014	SAR 108,084
7	SAR 18,014	SAR 90,070
8	SAR 18,014	SAR 72,056
9	SAR 18,014	SAR 54,042
10	SAR 18,014	SAR 36,028
11	SAR 18,014	SAR 18,014
12	SAR 18,014	SAR 0

Monthly Payment Composition

Interest: 194

Principal: 17820

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

In KSA, you can choose from various financing options such as traditional bank loans, Islamic financing, and leasing agreements specifically tailored for the Genesis GV70.

Applying for a loan can impact your credit score as it involves a hard inquiry. Multiple inquiries in a short time can lower your score, so it's essential to manage your applications carefully.

When taking out a car loan, be aware of the interest rates, loan terms, any hidden fees, and whether the loan is secured or unsecured. It's also important to ensure your monthly payments fit your budget.

Factors that can influence the interest rate include your credit score, the loan amount, the duration of the loan, and current market conditions. A higher credit score typically leads to lower rates.

You typically need to provide your national ID or Iqama, proof of income, bank statements, and details of the vehicle you wish to purchase. Some banks may require additional documentation.