Hyundai Capital announced on the 6th that it will implement various automotive finance-related promotions, starting with special financial benefits for vehicles primarily used by small business owners and self-employed individuals, in line with the government's livelihood recovery support policy.
Hyundai Capital offers ultra-low interest installment benefits for customers purchasing the country's representative small trucks, Porter and Bongo. Customers using Hyundai Motor's Porter2 LPG vehicle under the mobility standard low-interest installment option can purchase the vehicle at 0% interest for 36 months, 1% for 48 months, and 2% for 60 months.
In addition, for the Hyundai Motor Porter2 EV and Kia Bongo3 EV (including LPG models), customers can opt for a mobility deferred installment plan, allowing them to purchase the vehicles at interest rates of 1.8% and 1.5% over a 36-month period, respectively. The mobility deferred installment allows customers to defer a portion of the principal at the time of purchase, which can be paid at the contract's expiration, significantly reducing the monthly payment burden compared to standard installment products. Customers using the Bongo3 EV and LPG vehicles under a financial lease will receive a special discount of 2 million won, consisting of 1 million won off the vehicle price and 1 million won off the lease fee.
Various financial benefits are also available for customers purchasing the mid-size truck Hyundai Motor Mighty. Hyundai Capital provides ultra-low interest benefits of 1.7% for 36 months, 1.8% for 48 months, and 1.9% for 60 months for customers using Mighty under the mobility standard low-interest installment option. Additionally, if customers choose the mobility deferred installment plan, which allows them to defer a portion of the principal until the maturity date, they can guarantee up to 41% of the new vehicle price as the residual value, with a fixed interest rate of 3.8% regardless of the duration of the product usage.
There is also a 6-month interest-free deferred installment product. Customers using Hyundai Capital's mobility deferred installment for Mighty can avoid monthly payments during the 6-month deferred period out of a total installment period of 60 months (interest-free benefits) and will then make equal monthly payments for the following 54 months. This product is useful for buyers looking to reduce their initial economic burden when purchasing a vehicle.
In addition, Hyundai Capital offers various financial benefits for customers purchasing electric and hydrogen vehicles and SUVs from Hyundai Motor. Following the recent launch of the new Ioniq 6, Hyundai Motor continues to expand its eco-friendly vehicle supply, and Hyundai Capital has also enhanced its electric vehicle-specific financial benefits. Customers using the Ioniq5, new Ioniq 6, and Kona EV under Hyundai Capital's mobility deferred installment can enjoy a low-interest benefit of 1.8% for 36 months. Notably, 'The All-New Nexo' offers an exceptional condition, guaranteeing up to 50% of the new vehicle price as residual value when using the mobility deferred installment for 36 months.
Furthermore, if existing electric vehicle owners rent or lease the new Ioniq 6, Hyundai Capital will simultaneously provide a vehicle special discount of 300,000 won and a first-month payment discount of 300,000 won.
Hyundai Capital will also conduct the 'SUV SUMMER Festival' targeting the Santa Fe, Tucson, Kona, and Genesis GV70, GV80, which are representative SUV models of Hyundai Motor and Genesis, following last month. Customers purchasing these models under Hyundai Capital's mobility standard installment can buy vehicles at low-interest rates of 2.7% for 36 months, 2.8% for 48 months, and 2.9% for 60 months.
Hyundai Capital provides interest-free benefits during the 6-month deferred period for customers purchasing Santa Fe and Tucson under the mobility deferred installment. Notably, this product has no early repayment fee, allowing for flexible repayment whenever spare funds become available during the loan period.