What are the financing options available for purchasing a Genesis G70 2020 2.0T Premium in the UAE?

In the UAE, you can choose from various financing options such as traditional bank loans, dealership financing, or Islamic financing. Each option has different terms and conditions.

How can I apply for a car loan for the Genesis G70 2020 2.0T Premium?

You can apply for a car loan by visiting a bank or financing institution, filling out an application form, and providing necessary documents such as your ID, income proof, and car details.

Will taking out a loan for the Genesis G70 affect my credit score?

Yes, taking out a loan can impact your credit score. Timely payments can improve your score, while missed payments can lower it.

What factors should I consider when applying for a car loan?

Consider interest rates, loan terms, your budget, down payment amount, and your credit score before applying for a car loan.

What factors can influence the interest rates for my car loan?

Interest rates can be influenced by your credit score, the loan amount, the loan term, and current market conditions.

CarteaCar Loan Calculator

Genesis G70 2020 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 2020 2.0T Premium Car Loan Calculator FAQs in UAE

In the UAE, you can choose from various financing options such as traditional bank loans, dealership financing, or Islamic financing. Each option has different terms and conditions.
You can apply for a car loan by visiting a bank or financing institution, filling out an application form, and providing necessary documents such as your ID, income proof, and car details.
Yes, taking out a loan can impact your credit score. Timely payments can improve your score, while missed payments can lower it.
Consider interest rates, loan terms, your budget, down payment amount, and your credit score before applying for a car loan.
Interest rates can be influenced by your credit score, the loan amount, the loan term, and current market conditions.