"End of Excise Tax Worries"… Ssangyong Motor Offers Its Own Discount Program

[Asia Economy Reporter Kiho Sung] Ssangyong Motor supports customers to purchase new cars with the same benefits despite the end of the individual consumption tax (hereinafter referred to as individual consumption tax) reduction. On the 2nd, the company announced that it will offer the ‘2020 Sale Festa,’ providing up to a 7% discount to 2,020 customers, along with various purchase programs to welcome the new year.

This program maintains its own price benefits (1.5%, G4 Rexton 3.5%) so that customers can purchase at the reduced price even in January when the individual consumption tax is restored. In addition, the ‘2020 Sale Festa’ offers up to a 7% discount (on some models) to the first 2,020 customers, and provides a special purchase benefit of 300,000 KRW for customers who own vehicles older than 7 years on all models.

When purchasing any model, customers can enjoy low interest rates or long-term installment benefits with zero down payment and interest rates ranging from 0.9% to 5.9% (36 to 120 months). Customers opting for a 3.9% installment plan will receive ▲60/72 months ▲G4 Rexton 1.5% ▲Korando and Tivoli 2% ▲Rexton Sports and Khan 500,000 KRW discount or ▲36/48 months Inavi black box (common), and those purchasing G4 Rexton with long-term installments can receive full support for the individual consumption tax (5%).

Business owners purchasing Rexton Sports & Khan will receive a discount of 285,000 KRW, equivalent to 10 years of automobile tax, and can also benefit from a loyalty program that offers up to an additional 700,000 KRW discount depending on the number of repurchases (Ssangyong models) by model.

This content was produced with the assistance of AI translation services.