What are the financing options available for purchasing the Genesis GV70 2024 3.5T Royal (AWD) in KSA?

In KSA, you can choose from various financing options such as traditional bank loans, leasing agreements, or financing through dealerships. Each option has different terms and conditions.

How does taking a loan for the Genesis GV70 2024 affect my credit score?

Taking a loan can affect your credit score positively if you make timely payments, but missing payments can negatively impact your score.

What documents are required to apply for a car loan for the Genesis GV70 2024?

Typically, you will need to provide your ID, proof of income, bank statements, and information about the vehicle you wish to purchase.

What factors can affect the interest rate for a car loan in KSA?

Factors that can affect the interest rate include your credit score, loan amount, loan term, and the current economic conditions.

Are there any additional fees associated with taking a loan for the Genesis GV70 2024?

Yes, there may be additional fees such as processing fees, insurance costs, and early repayment penalties. It's important to read the loan agreement carefully.

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Genesis GV70 2024 3.5T Royal (AWD) Car Loan Calculator in KSA

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

Monthly Payment

SAR 20,284

Down Payment

SAR 60,196

Total Cost

SAR 303,604

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 20,284	SAR 223,124
2	SAR 20,284	SAR 202,840
3	SAR 20,284	SAR 182,556
4	SAR 20,284	SAR 162,272
5	SAR 20,284	SAR 141,988
6	SAR 20,284	SAR 121,704
7	SAR 20,284	SAR 101,420
8	SAR 20,284	SAR 81,136
9	SAR 20,284	SAR 60,852
10	SAR 20,284	SAR 40,568
11	SAR 20,284	SAR 20,284
12	SAR 20,284	SAR 0

Monthly Payment Composition

Interest: 219

Principal: 20065

Genesis GV70 2024 3.5T Royal (AWD) Car Loan Calculator FAQs in KSA

In KSA, you can choose from various financing options such as traditional bank loans, leasing agreements, or financing through dealerships. Each option has different terms and conditions.
Taking a loan can affect your credit score positively if you make timely payments, but missing payments can negatively impact your score.
Typically, you will need to provide your ID, proof of income, bank statements, and information about the vehicle you wish to purchase.
Factors that can affect the interest rate include your credit score, loan amount, loan term, and the current economic conditions.
Yes, there may be additional fees such as processing fees, insurance costs, and early repayment penalties. It's important to read the loan agreement carefully.