KB Capital Launches January Chevrolet Combo Installment Program with Korea GM

Cash Discount of 1 Million Won on Spark Purchase

[Asia Economy Reporter Ki Ha-young] KB Capital announced on the 13th that it will offer a combo installment program for customers purchasing Chevrolet vehicles during the month of January in collaboration with Korea GM.

The Chevrolet combo installment program provided by KB Capital in partnership with Korea GM is available for nine models: Spark, Malibu, Trax, Equinox, Bolt, Traverse, Trailblazer, Damas, and Labo.

For example, if you purchase a Spark (2021 model 1.0 LT M/T) priced at 11.25 million KRW using the KB Capital combo installment program, you will receive a cash discount of 1 million KRW. Additionally, if you choose a 72-month installment period, you can own the Spark for 162,000 KRW per month (installment interest rate 4.5%). (Based on a down payment of 100,000 KRW and a minimum installment principal of 5 million KRW)

Korea GM also offers discount benefits through the '2021 Happy Chevy New Start' promotion during January. Customers who purchase Chevrolet Equinox, Malibu Diesel, or Trax Diesel using the combo installment program will receive up to a 10% discount on the vehicle price. Depending on the customer's choice, they can use a double zero 48-month interest-free installment plan with no down payment or interest, or a long-term installment program with a low interest rate of 1% for up to 72 months. Chevrolet additionally provides up to 300,000 KRW for customers who own vehicles older than 7 years among the main sales models.