"XM3 Residual Value Guaranteed Up to 70%"... Renault Samsung March Special Promotion

SM6 Discounted by 920,000~1,430,000 KRW and QM6 by 1,030,000~1,430,000 KRW Due to Reduced Individual Consumption Tax

[Asia Economy Reporter Kim Ji-hee] Renault Samsung Motors announced on the 1st that it will offer benefits such as guaranteed residual value installment plans and special discounts for old car replacements to customers who purchase the XM3 throughout March.

Customers purchasing the XM3, officially launching on the 9th of this month, can use the ‘Xperience’ installment plan, which guarantees a higher residual value rate than the existing guaranteed residual value installment products. The Xperience installment plan is an XM3-exclusive product advantageous for customers who have a relatively short vehicle replacement cycle and want to reduce their monthly repayment burden, guaranteeing up to a 70% residual value rate (within one year).

Additionally, with the government’s decision to reduce the individual consumption tax from 5% to 1.5% from March to June, the SM6 by engine and trim is sold at a reduced price ranging from 929,000 KRW to a maximum of 1.43 million KRW, and the QM6 is sold at a reduced price ranging from 1.03 million KRW to a maximum of 1.43 million KRW. The final price of the XM3 will also reflect the individual consumption tax reduction when disclosed.

Along with the individual consumption tax reduction benefits, customers purchasing the 2020 SM6 in March will receive cash support of up to 2.44 million KRW for the GDe trim and up to 2.45 million KRW for the LPe trim through the ‘SM6 Free Upgrade’ promotion. A discount of 500,000 KRW is provided when replacing an old car over 5 years old (excluding GDe SE/LE Special), and 800,000 KRW when replacing a Renault Samsung old car over 10 years old (excluding LE Special).

For customers purchasing the The New QM6, a benefit of 500,000 KRW is available for old cars over 10 years old (excluding SE), and 800,000 KRW for Renault Samsung old cars (excluding SE). Additionally, customers can choose one of the purchase cost support or cash support benefits, including options, accessories, and warranty extensions.

Customers purchasing the 2020 SM6 and The New QM6 through installment plans can also enjoy low-interest benefits of 1.9% interest for up to 36 months or 3.9% interest for up to 72 months.

Benefits are also prepared for electric vehicle customers. Cash purchase customers of the SM3 Z.E. receive a discount of 6 million KRW, and installment purchase customers are supported with an interest-free installment program for up to 60 months. Customers of the ultra-compact electric vehicle Renault Twizy receive up to 300,000 KRW in accessory purchase support or 200,000 KRW in cash when purchasing with cash, and can use the ‘Ma-eumdaero’ installment program, which allows monthly interest-only payments and flexible principal repayment, for up to 24 months at 1% interest.

Customers purchasing the Master Bus (13-seater) can receive accessory purchase costs worth approximately 1.8 million KRW or 1 million KRW in cash. For installment purchases, an interest rate of 2.9% is provided for up to 60 months.

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