As the Chuseok holiday approaches, demand for long-distance travel is expected to rise, increasing interest in electric vehicles (EVs). Previously, EVs were primarily seen as suitable for short urban trips, but improvements in driving range and charging performance have expanded their viability for longer journeys, such as returning home or traveling.
Hyundai Motor and Kia are enhancing battery capacity and driving efficiency based on their dedicated electric vehicle platform, E-GMP, while also expanding fast-charging technology and infrastructure. This aims to alleviate concerns for EV users regarding long-distance driving.
If considering the use of Hyundai's EV models during the holiday, options like leasing or renting can help reduce initial cost burdens.
Hyundai Capital is offering discounts on vehicle prices, interest rate reductions, and lower leasing and rental fees for major EVs from Hyundai and Kia this month.
Specifically, the Ioniq 5, Ioniq 6, and Kona EV can receive a combined discount of 14% off the vehicle price through discounts and reduced rental fees. The Ioniq 9 offers a 4% discount.
Customers of Genesis, which has recently expanded its EV lineup, can also benefit from a total discount of 8.8% off the vehicle price, including vehicle price discounts and rental fee reductions.
Existing customers of Hyundai's electric passenger cars, Nexo, or Genesis can utilize Hyundai's 'The Better Choice' program. This program provides an additional 4% discount on the vehicle price when leasing a Genesis electric vehicle, on top of the standard benefits.
Kia is offering a 10% discount on vehicle prices and rental fee reductions for family-friendly models like the EV6, EV9, and PV5 passenger models. Other EV passenger models will receive a 4% discount.
For customers looking to purchase vehicles outright, installment programs are also available.
Through the 'Hyundai EV Burden Down' promotion, Hyundai Capital is offering a 2.8% interest rate for 36-month financing for customers purchasing the Ioniq 5, Ioniq 6, and Kona EV. Kia is also providing a 3.6% interest rate for 36 months for the EV3, EV4, EV5, EV6, and EV9 models. This installment promotion includes guaranteed residual value and deferred payment benefits.
A representative from Hyundai Capital stated, "We have prepared discounts on vehicle prices, interest rates, and leasing and rental cost benefits to reduce customer burdens. We will provide various services to help customers make reasonable vehicle choices."
* This article has been translated by AI.
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