Big Benefits for All Models in June
Showroom Purchase Rate Up 35%
What is happening at Renault Korea in June?
The purchase rate among customers visiting showrooms has increased by 35%, and new car contracts have jumped by as much as 40%. Renault Korea has seen a significant rise in new car contracts after expanding sales promotions for all models ahead of the end of the government’s individual consumption tax reduction benefit.
On June 13, Renault Korea announced that, as of June 12, the number of new car contracts this month had increased by about 40% compared to the same period last month. During the same period, the purchase rate among showroom visitors also rose by 35%. The company explained that customer inflow is increasing in June, which is the last month to receive the individual consumption tax benefit.
Throughout June, Renault Korea is offering customers who purchase a vehicle the option to choose one benefit from among options, accessories, or an extended warranty. Depending on the model, the benefits are worth 600,000 KRW for the Grand Koleos, and 500,000 KRW or three free engine oil change coupons for the Arkana, SM6, and QM6. The Master model is excluded from these benefits.
To celebrate surpassing 60,000 Grand Koleos contracts, the 'Wider Experience' event is also being held until June 30. Customers who participate in test drives at showrooms nationwide will be entered into a draw to win prizes such as a Sofitel Ambassador Seoul hotel stay voucher, hotel vouchers, and airline tickets to attend Paris Design Week.
Hwang Jaeseop, Executive Vice President in charge of Sales & Network at Renault Korea, said, "As more customers inquire about receiving the final individual consumption tax benefit, the atmosphere at our showrooms has become more lively," adding, "We are also putting great effort into production response so that more customers can enjoy these benefits."
Customers purchasing the Grand Koleos can use a balloon installment plan with a principal of 25 million KRW at an annual interest rate of 3.3% (up to 36 months). Depending on the production month, up to 1 million KRW is offered, and customers with older vehicles receive an additional 400,000 KRW. However, some trims (Techno) are excluded. According to the company, the maximum benefits for each model in June for returning customers are 2.1 million KRW for the Arkana, 3.1 million KRW for the QM6, and 4.9 million KRW for the SM6.
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