Hyundai Commercial, Hyundai Parvis Launch 'Low-Interest Auto Installment Products'... Lowest Interest Rate 3.4%

Operation of the 'Grace Period Interest Repayment Program'

[Asia Economy Reporter Ki Ha-young] Hyundai Commercial and Hyundai Motor Company announced on the 20th that they will launch the 'Hyundai Pavis Low-Interest Auto Installment Product,' a vehicle purchase exclusive product for Hyundai Pavis. This is to reduce the economic burden on freight truck owners struggling due to the recent COVID-19 pandemic.

Pavis is a new mid-large truck launched by Hyundai Motor Company in August last year. It features a combination of the practical and economical advantages of a medium-sized truck and the spacious cargo space and power of a large truck. It also allows extensive special vehicle modifications, making it usable for various businesses.

The Hyundai Pavis Low-Interest Auto Installment Product offers a special interest rate of 3.9%, which is up to 1.6%P lower than existing products, and allows installment use with the same interest rate for up to 60 months. Additionally, when paying more than 10% of the vehicle price via mobile using Hyundai Card M series cards, an additional 0.5%P interest rate reduction benefit is provided.

Hyundai Commercial also operates a 'Grace Interest Repayment Program' for customers who feel an economic burden in the early stages of their business, allowing them to repay only the interest for up to 3 months and start paying principal and interest from the 4th month.

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