Genesis Launches 3-Year Zero-Interest Installment Plan in Egypt

GB Auto, the official distributor of the Korean luxury brand Genesis in Egypt, has introduced a new financing offer that allows customers to purchase several of its models through an installment plan with zero interest and no administrative fees. This move aims to make luxury car ownership more accessible in the Egyptian market during the current period.

Offer Details and Terms

The offer requires a 50% down payment of the vehicle's total value, with the remaining amount to be paid over 36 months without any interest or administrative charges. These terms apply to a selection of Genesis models available in the local market, and the offer is valid for a limited time or until stock runs out, subject to the company's stated terms and conditions.

Included Models and Pricing

Genesis G80

The lineup includes the flagship Genesis G80 sedan, with prices starting from EGP 3,500,000 for the Dynamic AWD trim, while the Advanced AWD trim is priced at approximately EGP 4,100,000, and the top-end Performance AWD trim reaches EGP 4,250,000. These variants offer a range of features and drivetrain configurations to suit different customer preferences.

Genesis GV70

The offer also covers the Genesis GV70 SUV, which comes in two main trims: the Dynamic AWD starting at EGP 3,650,000, and the Advanced AWD at EGP 3,850,000. This model is distinguished by its sporty design and a luxurious cabin that allows it to compete directly with established German rivals in the same price segment.

Genesis GV60 Electric

The promotion also includes the fully electric Genesis GV60, which starts at EGP 2,600,000 for the Dynamic RWD trim, while the Advanced AWD trim is priced at around EGP 3,250,000, and the high-performance Performance AWD trim reaches EGP 3,550,000. This model stands out as one of the most prominent luxury electric vehicles currently available in the Egyptian market.

Minimum Down Payment

Under the offer's terms, the minimum down payment starts at approximately EGP 1.3 million when purchasing the Genesis GV60 Dynamic RWD variant, with the exact amount varying according to each model's price and trim level. This financing initiative is designed to make luxury vehicles more attainable for the target customer segment while providing a comfortable repayment period without any additional financial burdens.