[Asia Economy Reporter Kiho Sung] Hana Bank announced on the 26th that it will launch the 'Wondercar Direct Deal' service, which supports peer-to-peer used car direct transactions on the mobile-only 'Hana One Q' application (app).
Wondercar Direct Deal is a platform service that adds reliability and convenience to peer-to-peer used car direct transactions conducted in used car direct trading markets such as clubs. It is the first in the banking sector to provide auto financing for peer-to-peer used car direct transactions.
Through this service, a simple mobile-based vehicle title transfer system can be applied anytime and anywhere, eliminating the inconvenience of submitting offline documents and visiting vehicle registration offices. In addition, users can receive all services with one click, from free checks on direct deal vehicles (insurance accident history, flood/attachment status, etc.), vehicle accompaniment inspections, vehicle maintenance services, to long-distance delivery, enabling smart peer-to-peer used car direct transactions in the untact era.
Starting with the launch of this service and the business partnership agreement on the 18th, Hana Bank will continuously cooperate and develop innovative and creative measures to revitalize the peer-to-peer used car direct transaction platform business together with Car Auction, a specialized automobile auction company, and Car Dong, a specialized automobile direct finance company.
In particular, as part of Hana Financial Group's ESG management practice, the ‘Wondercar Direct Deal ESG (Aesseuji)’ program will waive the entire title transfer fee until the end of this year for socially disadvantaged groups (national merit recipients, persons with disabilities, etc.), multi-child families, as well as for compact cars and eco-friendly vehicles (electric cars, hydrogen cars, hybrid cars, etc.).
To commemorate the service launch, an event will also be held. From June 2 to the end of July, 1,000 people (by lottery) who participate in a quiz on the ‘Hana One Q’ app will receive 2,000 Hana Money, and 100 customers who transfer used car titles through the Wondercar Direct Deal service will be credited 25,000 Hana Money, equivalent to half of the title transfer fee, in the ‘Wondercar Direct Deal Payback Event.’ In addition, during the event period, Hana Insurance will give a free Starbucks coffee coupon to 2,000 vehicle owners who apply for car insurance expiration notifications.
A Hana Bank official stated, "We will continue to strengthen business partnerships with various partners so that customers can enjoy more practical benefits when conducting used car direct transactions."
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