What are the financing options available for purchasing the Genesis GV80 2021 3.5T Platinum in KSA?

In KSA, you can opt for various financing options such as bank loans, leasing, or dealer financing. It's important to compare interest rates and terms offered by different banks.

How does taking a loan for the Genesis GV80 affect my credit score?

Taking a loan can impact your credit score positively if you make timely payments. However, if you miss payments, it can negatively affect your credit rating.

What documents do I need to apply for a car loan in KSA for the Genesis GV80?

You typically need an identification document, proof of income, bank statements, and details of the vehicle. Some banks may require additional documents.

What factors can influence the interest rates for a car loan in KSA?

Interest rates can be influenced by your credit score, the loan amount, loan term, and economic conditions. Banks may also have their own criteria for determining rates.

Are there any fees associated with getting a car loan for the Genesis GV80?

Yes, there are often fees such as processing fees, insurance costs, and potential early repayment penalties. It's advisable to inquire about all applicable fees before signing.

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Genesis GV80 2021 3.5T Platinium Car Loan Calculator in KSA

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

Monthly Payment

SAR 19,409

Down Payment

SAR 57,600

Total Cost

SAR 290,508

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 19,409	SAR 213,499
2	SAR 19,409	SAR 194,090
3	SAR 19,409	SAR 174,681
4	SAR 19,409	SAR 155,272
5	SAR 19,409	SAR 135,863
6	SAR 19,409	SAR 116,454
7	SAR 19,409	SAR 97,045
8	SAR 19,409	SAR 77,636
9	SAR 19,409	SAR 58,227
10	SAR 19,409	SAR 38,818
11	SAR 19,409	SAR 19,409
12	SAR 19,409	SAR 0

Monthly Payment Composition

Interest: 209

Principal: 19200

Genesis GV80 2021 3.5T Platinium Car Loan Calculator FAQs in KSA

In KSA, you can opt for various financing options such as bank loans, leasing, or dealer financing. It's important to compare interest rates and terms offered by different banks.
Taking a loan can impact your credit score positively if you make timely payments. However, if you miss payments, it can negatively affect your credit rating.
You typically need an identification document, proof of income, bank statements, and details of the vehicle. Some banks may require additional documents.
Interest rates can be influenced by your credit score, the loan amount, loan term, and economic conditions. Banks may also have their own criteria for determining rates.
Yes, there are often fees such as processing fees, insurance costs, and potential early repayment penalties. It's advisable to inquire about all applicable fees before signing.