Renault Samsung, XM3 72-Month Low-Interest Installment Promotion Benefits

[Asia Economy Reporter Suyeon Woo] Renault Samsung Motors is offering various new car purchase benefits throughout April, including 72-month low-interest installment plans for the XM3, 60-month interest-free installments for electric vehicles, and SM6 free upgrades.

On the 1st, Renault Samsung announced that customers purchasing the new Sports Utility Vehicle (SUV) XM3 can enjoy up to 72 months of 3.9% low-interest installment plans or the Xperience installment plan with a 36-month 5.5% interest rate that guarantees a higher residual value than before.

Launched on the 9th of last month, the XM3 challenges the domestic SUV market with its design, driving performance, and reasonable price range. Consumers in their 30s (30%) and 40s (26%) make up more than half of all buyers, indicating that price-sensitive younger consumers are the main target. Therefore, this 6-year low-interest installment program is expected to be a valuable opportunity for key customers who want to purchase the XM3 without financial burden.

This month, electric vehicle buyers can receive up to 60 months of interest-free installment benefits. Customers purchasing the 5-seater compact sedan-type electric vehicle SM3 Z.E. can choose either up to 60 months of interest-free installments or a 6 million KRW discount when paying in cash.

For the ultra-compact electric vehicle Renault Twizy, customers can select between up to 60 months of interest-free installments or the "Ma-eumdaero" installment program, which allows monthly interest-only payments and flexible principal repayment at any time (with a 1% interest rate for up to 24 months). Cash buyers receive support worth up to 700,000 KRW for accessories or 500,000 KRW in cash.

For the premium mid-size sedan SM6, customers can enjoy benefits worth up to 2.45 million KRW through the "SM6 Free Upgrade" promotion, which upgrades the vehicle to a higher trim with more standard features at no additional cost.

Additionally, customers owning Renault Samsung vehicles older than 5 years can receive an extra discount of up to 500,000 KRW. Customers with other brand vehicles older than 5 years are eligible for an additional 300,000 KRW discount.

Customers purchasing the QM6 can choose between purchase support worth up to 1.5 million KRW (excluding options, accessories, warranty extensions, and SE trims) or a cash benefit of up to 500,000 KRW. Furthermore, customers owning vehicles older than 10 years, regardless of brand, receive an additional 300,000 KRW benefit.

Customers purchasing 2020 models of the SM6 and QM6 with installment plans can also enjoy low-interest benefits of 1.9% for up to 36 months or 3.9% for up to 72 months, along with a new concept smart installment program (4.9% interest for 36 months, 5.5% for 48/60 months).

Benefits are also available for Renault Master Bus buyers, who can choose between accessory purchase support worth 1.8 million KRW or a cash benefit of 1 million KRW. For installment purchases, low-interest plans of 1.9% for up to 36 months or 2.9% for up to 60 months are offered.

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