Genesis has made it possible to drive the G80 and GV80 for monthly payments in the 400,000 won range. With Genesis's various purchase benefits and the "mobility vehicle return deferred installment" that raises the principal deferment rate to 68%, this amount is possible.
Genesis announced on the 14th that it will carry out the "8040 promotion," which grants special benefits for the G80 and GV80, together with Korea Sale Festa.
Through the "8040 promotion," Genesis offers benefits that allow customers to purchase 1,000 units of the two models' 2.5 turbo—G80 and GV80 (including the GV80 coupe)—at monthly payments in the 400,000 won range.
If customers purchase a G80 or GV80 through this promotion, they can receive a 2 million won discount. In addition, by deferring part of the vehicle price for a certain period, paying the remaining balance and interest on the remaining balance and interest on the deferred amount during the deferment period, and returning the vehicle at maturity under the "mobility vehicle return deferred installment," they can receive a principal deferment rate of 68% (previously 60%).
For the G80, the current Korea Sale Festa benefit of 3 million won plus the "8040 promotion" special condition of 2 million won amounts to 5 million won in benefits, and if the vehicle is sold to Hyundai/Genesis certified used car and a Genesis new car is purchased within 15 days, adding the trade-in benefit of 2 million won brings the total price benefit to 7 million won.
If the 68% principal deferment rate is applied through the "mobility vehicle return deferred installment" product, purchase is possible with monthly payments in the 400,000 won range, and customers can receive approximately 6.49 million won more in benefit compared with the previous 60% deferment rate. (※ vehicle price 59.9 million won, usage period 36 months, interest 4.7%, down payment rate 6%)
For the GV80, adding the Korea Sale Festa benefit of 5 million won, the 8040 promotion special condition of 2 million won, and the trade-in benefit of 2 million won amounts to a total discount of 9 million won, and with the application of the "mobility vehicle return deferred installment" customers can purchase with monthly payments in the 400,000 won range and receive about 7.16 million won in benefits. (※ vehicle price 69.45 million won, usage period 36 months, interest 4.7%, down payment rate 8%)
Meanwhile, Genesis lowered all auto installment interest rates by 0.5% for all internal combustion engine models to provide reasonable monthly payments and reduce the burden on customers choosing Genesis. A Genesis official said, "November is the best time to buy a Genesis, with maximum price benefits together with Korea Sale Festa," and added, "We hope more customers experience Genesis's differentiated products and services with reasonable monthly payments."
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