New Car Promotion
Renault Korea announced on July 1 that it will launch the "French Summer Promotion" for customers purchasing new vehicles in July.
For all vehicle purchases except the Master, customers will receive a complimentary benefit of either purchase support (worth 500,000 KRW for Arkana, SM6, and QM6, and 300,000 KRW for Grand Koleos) for options, accessories, or extended warranty, or three free engine oil change coupons.
Customers purchasing the Grand Koleos will be offered smart deferred payment and guaranteed residual value installment plans at reduced interest rates. For the Grand Koleos Hybrid E-Tech Intens trim, the guaranteed residual value installment plan allows purchase for 320,000 KRW per month (based on a 20% down payment and 36-month term). The fixed-rate installment plan in the 3% range has also become more diverse, with 3.3% available for up to 36 months for principal amounts under 25 million KRW, and 3.9% for up to 60 months for principal amounts under 20 million KRW.
Customers who own vehicles older than five years can receive a 400,000 KRW benefit, as well as an additional benefit ranging from 500,000 KRW to 1.5 million KRW depending on the production month. However, some benefits are limited for the Techno trim.
Customers purchasing the Arkana can choose between interest-free installments for 24 months (for principal amounts under 20 million KRW) or 36 months (for principal amounts under 15 million KRW), or opt for a special benefit of 500,000 KRW along with fixed-rate and guaranteed residual value installment plans (excluding the Techno trim). By combining the 500,000 KRW purchase support benefit for options, a 500,000 KRW installment benefit, a 200,000 KRW special showroom promotion, and a 200,000 KRW benefit for repeat purchases (one-time), the maximum benefit for Arkana in July reaches 1.4 million KRW.
The QM6 also offers interest-free installments through affiliated financing or up to 1.5 million KRW in purchase benefits. The SM6 provides up to 4 million KRW in cash purchase benefits depending on the powertrain, as well as a three-year interest-free installment plan. The maximum benefit available in July reaches 4.9 million KRW.
The Master Van commercial vehicle comes with a 1 million KRW cash purchase benefit, and customers purchasing two or more units are eligible for an additional special benefit of up to 5%.
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