What are the loan options available for purchasing a Genesis G70 2019 2.0T Premium in UAE?

In UAE, you can find various loan options including fixed-rate loans, variable-rate loans, and personal loans specifically tailored for vehicle purchases.

How do I apply for a car loan for the Genesis G70 2019 2.0T Premium?

You can apply for a car loan either online through the bank's website or by visiting a local bank branch with your identification and income documents.

Will taking a car loan affect my credit score?

Yes, applying for a car loan can affect your credit score. A hard inquiry will be made on your credit report, which might temporarily lower your score.

What should I be aware of when taking out a car loan?

You should consider the interest rate, loan term, any fees associated with the loan, and your ability to repay the loan on time.

What factors can affect the loan interest rate for the Genesis G70 2019 2.0T Premium?

Factors include your credit score, the loan amount, the term of the loan, and current market rates.

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Genesis G70 2019 2.0T Premium Car Loan Calculator in UAE

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

Calculation Of Loans

Total Car PriceAED 155,500

Down PaymentAED 31,100

Monthly PaymentAED 10,480
Total CostAED 156,860
Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment Schedule	Monthly Payment	Remaining 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

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Genesis G70 2019 2.0T Premium Car Loan Calculator FAQs in UAE

In UAE, you can find various loan options including fixed-rate loans, variable-rate loans, and personal loans specifically tailored for vehicle purchases.
You can apply for a car loan either online through the bank's website or by visiting a local bank branch with your identification and income documents.
Yes, applying for a car loan can affect your credit score. A hard inquiry will be made on your credit report, which might temporarily lower your score.
You should consider the interest rate, loan term, any fees associated with the loan, and your ability to repay the loan on time.
Factors include your credit score, the loan amount, the term of the loan, and current market rates.