What are the financing options available for purchasing a Genesis G70 2020 3.3T Royal in the UAE?

You can choose from various financing options including bank loans, dealership financing, and leasing. Each option has different terms and interest rates.

How do I apply for a car loan for a Genesis G70 2020 3.3T Royal in the UAE?

You can apply for a car loan by visiting a bank or financial institution, submitting necessary documents like your ID, proof of income, and the car's details.

Will taking a car loan affect my credit score?

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

What should I be aware of when applying for a car loan?

Be aware of the interest rates, loan tenure, total repayment amount, and any hidden fees involved in the loan process.

What factors can affect the loan interest rate for a Genesis G70 2020 3.3T Royal?

Factors include your credit score, loan amount, loan tenure, and the bank's current interest rate policies.

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Genesis G70 2020 3.3T Royal 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 3.3T Royal Car Loan Calculator FAQs in UAE

You can choose from various financing options including bank loans, dealership financing, and leasing. Each option has different terms and interest rates.
You can apply for a car loan by visiting a bank or financial institution, submitting necessary documents like your ID, proof of income, and the car's details.
Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.
Be aware of the interest rates, loan tenure, total repayment amount, and any hidden fees involved in the loan process.
Factors include your credit score, loan amount, loan tenure, and the bank's current interest rate policies.