Kumho Tire to Fully Cover Dealer Card Installment Fees Until May

Kumho Tire CI (Photo by Kumho Tire)

[Asia Economy Reporter Kim Ji-hee] Kumho Tire announced on the 6th that it will fully support installment fees until May 31 for all Tire Pro specialized tire distribution stores.

This promotion was prepared to support the distribution network in line with government policy to revitalize domestic consumption amid the increasing number of small business owners facing economic difficulties due to the impact of COVID-19. Kumho Tire offers a 12-month interest-free installment plan for tire purchases using cards (KB, Hana, Hyundai). Under the existing operation, dealerships partially covered the card installment fees for these transactions, but for two months, the headquarters will cover 100% of the fees (with a single purchase limit of 1.2 million KRW) to promote mutual growth with dealerships.

Lim Byung-seok, Executive Director of Korean Sales at Kumho Tire, said, “We prepared this promotion to minimize the anxiety of our internal customers, the dealership owners, who are experiencing difficult business conditions due to the spread of COVID-19. We will also strive to create an environment where Kumho Tire employees working on-site can focus on their tasks through thorough quarantine measures and more.”

Meanwhile, Kumho Tire is currently offering a ‘Free Replacement Service’ for customers who are refraining from going out. The replacement service is a differentiated service where, based on quarantine measures and professional personnel, the vehicle is picked up from the customer’s desired location, serviced, and then returned, allowing customers to use it with peace of mind.

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