The automobile industry, which had embarked on year-end discount sales, unveiled January sales conditions for the new year 2025. The number of discount programs has slightly decreased compared to last year, which saw significant discounts.
According to the industry on the 3rd, Hyundai Motor Company is running an event that offers discounts of 500,000 won to 1 million won for customers who purchase new cars after selling their used Hyundai or Genesis certified vehicles. Discounts include 500,000 won for the Sonata and Grandeur, 1 million won for models such as the Ioniq 5, Ioniq 5 N, Ioniq 6, Kona Electric, and Palisade, and 2 million won for the GV60, GV70 EV, and GV80 EV.
Customers with small trucks that have been registered for more than 7 years can receive a discount of 500,000 won when purchasing the Porter. Additionally, customers who own imported cars or Genesis vehicles can continue to take advantage of an event that offers discounts of up to 1 million won when purchasing a Genesis this month.
Kia offers a minimum M installment rate of 3.9% (48 months) and a maximum of 5.2% for up to 60 months for individual or sole proprietorship customers utilizing the M installment program among their vehicle delivery customers. There is also a low-interest installment program available to customers who make a down payment of more than 10%. Basic discount benefits include a 500,000 won discount for customers purchasing the K5 LPG (Liquefied Petroleum Gas).
Renault Korea is debuting a new financing product that offers unlimited 5G data and installment rates in the 4% range for customers purchasing the Grand Koleos, a mid-size sport utility vehicle (SUV). The hotspot feature of the Grand Koleos also allows unlimited 5G data to be connected to various electronic devices via Wi-Fi communication.
Renault Korea has prepared a 0% interest installment product along with travel expenses for the Lunar New Year for the purchase of Arkana, QM6, and SM6 in the first month of the new year. Customers can utilize short-term installments for 3 months as well as 0% interest installments for 24 months (for installment amounts under 15 million won) and 36 months (for installment amounts under 10 million won).
KG Mobility (KGM) is implementing the 'NEW Sale Festa' for a month. The main feature is discounts of up to 5 million won for the Rexton, up to 7% (up to 2.6 million won) for the New Torres, up to 1 million won for the Actyon, up to 500,000 won for the Korando, and up to 200,000 won for the Tivoli. KGM also operates a program that supports up to 200,000 won depending on the number of vehicles purchased.