What are the financing options available for purchasing a Genesis G70 2018 2.0T Premium in the UAE?

In the UAE, you can typically choose from bank loans, dealership financing, or personal loans for purchasing a Genesis G70 2018 2.0T Premium.

How does taking a car loan affect my credit score in the UAE?

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

What documents do I need to provide for a car loan application in the UAE?

For a car loan application in the UAE, you will typically need to provide your Emirates ID, salary certificate, bank statements, and proof of residency.

What factors can affect the interest rate for my car loan?

Factors that can affect the interest rate include your credit score, the loan amount, the loan term, and the lender's policies.

What should I be aware of before signing a car loan agreement?

Before signing a car loan agreement, ensure you understand the terms, interest rates, any fees involved, and your repayment obligations.

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Genesis G70 2018 2.0T Premium Car Loan Calculator in UAE

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

Monthly Payment

AED 10,480

Down Payment

AED 31,100

Total Cost

AED 156,860

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 10,480	AED 115,280
2	AED 10,480	AED 104,800
3	AED 10,480	AED 94,320
4	AED 10,480	AED 83,840
5	AED 10,480	AED 73,360
6	AED 10,480	AED 62,880
7	AED 10,480	AED 52,400
8	AED 10,480	AED 41,920
9	AED 10,480	AED 31,440
10	AED 10,480	AED 20,960
11	AED 10,480	AED 10,480
12	AED 10,480	AED 0

Monthly Payment Composition

Interest: 114

Principal: 10366

Genesis G70 2018 2.0T Premium Car Loan Calculator FAQs in UAE

In the UAE, you can typically choose from bank loans, dealership financing, or personal loans for purchasing a Genesis G70 2018 2.0T Premium.
Taking a car loan can affect your credit score positively if you make timely payments, but it may negatively impact it if you miss payments.
For a car loan application in the UAE, you will typically need to provide your Emirates ID, salary certificate, bank statements, and proof of residency.
Factors that can affect the interest rate include your credit score, the loan amount, the loan term, and the lender's policies.
Before signing a car loan agreement, ensure you understand the terms, interest rates, any fees involved, and your repayment obligations.