Only 10,000 KRW per month for the first year... Chevrolet's 'Manwon-ui Haengbok' Installment Program Debuts

[Asia Economy Reporter Kiho Sung] Chevrolet announced on the 12th that it is supporting the government's domestic demand revitalization policy by adding new purchase benefits, including the 'Happiness for 10,000 Won' installment program.

The newly introduced 'Happiness for 10,000 Won' is an installment program where customers purchasing Spark, Malibu, or Trax pay a minimum amount of only 10,000 won per month for the first year, and after the initial year, installments proceed for three years at an interest rate of 4.5%.

Baek Beom-su, Executive Director of Domestic Sales at Korea GM, said, "We have prepared a groundbreaking installment program to ease the initial purchase burden for customers considering vehicle purchases during these socially and economically difficult times due to the novel coronavirus," adding, "As personal vehicles are emerging as a safe means of transportation, we hope customers enjoy various purchase benefits that Chevrolet has extensively prepared along with the government's maximum 1.43 million won individual consumption tax reduction effect per model during March."

Meanwhile, as part of the 'Find New Start, Find New Chevy' campaign running throughout March, Chevrolet is offering interest-free installment benefits through the 'Double Zero Interest-Free Installment' program, which eliminates down payments and interest for Spark (LT, Premier), Malibu (2.0 Turbo, 1.6 Diesel), Equinox for 36 months, Camaro SS for 50 months, and Bolt EV for 60 months.

Additionally, when purchasing a vehicle through the 'Combo Installment' program, which combines installment and cash support benefits, Chevrolet provides 1 million won for Spark, 1.8 million won for Malibu (2.0 Turbo, 1.6 Diesel), 7% for Equinox, 10% for Camaro SS, and 3 million won for Bolt EV. Trax buyers receive either 1.2 million won cash support or a 36-month interest-free installment benefit when using the Combo Installment program.

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