Based on a 60-Month Installment Plan
Annual Rate Reduced from 4.3% to 2.3%
Hyundai Capital announced on November 6 that it will offer a 2 percentage point discount on installment interest rates for customers who purchase vehicles through Hyundai Certified Used Car, Hyundai Motor Company's used car trading platform.
Based on a 60-month installment plan, customers can use the discounted annual interest rate of 2.3%, down from the previous 4.3%. For example, if a customer purchases a Hyundai Grandeur listed at approximately 34 million won on the Hyundai Certified Used Car event page using installments, they can save up to 1.82 million won.
Hyundai Capital is also running a promotion until the end of this month that exempts the first two monthly payments for customers using Hyundai Certified Used Car leasing services.
A Hyundai Capital representative stated, "We have prepared affordable and convenient financial products and services, including a minimum interest rate of 2.3%, a maximum limit of 100 million won, and a digital review process that takes just 15 minutes," adding, "Together with Hyundai Motor Group, we will continue to build a safer and more reliable used car ecosystem."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.


