Hyundai Capital announced on September 15 that it will launch a fall automotive finance promotion featuring short-term, small-amount interest-free installments, low rates for electric vehicles, and benefits for Genesis lease and rental customers.
The promotion includes a 'short-term small installment program' applicable to all models of Hyundai, Kia, and Genesis, allowing financing of up to 20 million won. Customers can enjoy interest-free installments for 12 months and a 1.9% annual interest rate for 24 months. Additionally, there are no early repayment fees for those opting for the 12-month installment plan.
Customers purchasing electric vehicles will also benefit from low-interest financing. The 'Hyundai EV Burden Down' program offers a 2.8% annual interest rate for 36 months on models such as the Ioniq 5, Ioniq 6, and Kona EV.
For Kia's EV3, EV6, and EV9 models, a 'residual value guarantee deferred installment' plan is available at a 3.6% annual interest rate for 36 months.
Both financing options allow customers to defer up to 60% of the vehicle price until the end of the installment period, reducing monthly payment burdens.
Hyundai Capital has also prepared benefits for Genesis lease and rental customers. Existing owners of Genesis or certain Hyundai electric vehicles, Nexo, or imported cars can receive an additional discount equivalent to 4% of the vehicle price when using Genesis through the 'The Better Choice' program, along with model-specific benefits.
A Hyundai Capital representative stated, "We have created promotions including interest-free and low-interest installments to reduce the financial burden on our customers. We aim to provide various financial services that customers can utilize economically based on their financial situations and vehicle usage purposes."
* This article has been translated by AI.
Copyright ⓒ Aju Press All rights reserved.