What are the loan options available for purchasing a Genesis G90 2020 5.0L V8 Royal in the UAE?

In the UAE, you can choose from several loan options including bank loans, dealership financing, and personal loans. Each option has different interest rates and terms.

How do I apply for a car loan for the Genesis G90 in the UAE?

You can apply for a car loan by visiting a bank branch, applying online, or through the dealership. You'll need to provide your personal documents and financial information.

Will taking a car loan affect my credit score?

Yes, taking a car loan can affect your credit score. It may improve your score if you make timely payments, but late payments can harm your score.

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

Be aware of the interest rates, loan terms, additional fees, and the total cost of the loan. Make sure to read the terms and conditions carefully.

What factors can influence the interest rate of my car loan?

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

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Genesis G90 2020 5.0L V8 Royal Car Loan Calculator in UAE

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

Monthly Payment

AED 23,918

Down Payment

AED 70,980

Total Cost

AED 357,996

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 23,918	AED 263,098
2	AED 23,918	AED 239,180
3	AED 23,918	AED 215,262
4	AED 23,918	AED 191,344
5	AED 23,918	AED 167,426
6	AED 23,918	AED 143,508
7	AED 23,918	AED 119,590
8	AED 23,918	AED 95,672
9	AED 23,918	AED 71,754
10	AED 23,918	AED 47,836
11	AED 23,918	AED 23,918
12	AED 23,918	AED 0

Monthly Payment Composition

Interest: 258

Principal: 23660

Genesis G90 2020 5.0L V8 Royal Car Loan Calculator FAQs in UAE

In the UAE, you can choose from several loan options including bank loans, dealership financing, and personal loans. Each option has different interest rates and terms.
You can apply for a car loan by visiting a bank branch, applying online, or through the dealership. You'll need to provide your personal documents and financial information.
Yes, taking a car loan can affect your credit score. It may improve your score if you make timely payments, but late payments can harm your score.
Be aware of the interest rates, loan terms, additional fees, and the total cost of the loan. Make sure to read the terms and conditions carefully.
Factors that can influence the interest rate include your credit score, the loan amount, the loan term, and the lender's policies.