Volkswagen Korea Launches Special Promotion for Tiguan in June
[Asia Economy Reporter Kim Ji-hee] Volkswagen Korea announced on the 3rd that it will conduct a special promotion for the entire 2020 Tiguan lineup throughout June.
With the individual consumption tax reduction benefit expected to decrease from the current 70% to 30% starting in the second half of the year, Volkswagen Korea has decided to offer benefits that allow customers to purchase the 2020 best-selling imported car model, the Tiguan, under attractive conditions for the entire month of June.
First, for the Tiguan 2.0 TDI Premium trim, a 10% discount is offered when using Volkswagen Financial Services, and a 9% discount for cash purchases. For the higher-end models in the Tiguan lineup, the ‘Tiguan 2.0 TDI Prestige’ and the all-wheel-drive version ‘Tiguan 2.0 TDI 4Motion Prestige,’ an 8% discount is provided when using Volkswagen Financial Services, and a 7% discount for cash purchases.
Various benefits that can reduce total ownership costs are also provided. The 'Powertrain Advanced Warranty,' which extends the manufacturer’s warranty by an additional 2 years (total 5 years) or until 150,000 km milestone after the initial 3-year warranty, and the 'Welcome Service for New Car Customers,' which offers one vehicle inspection and fluid parts (top-up) service within 6 months from the start date of the new car warranty, as well as a 30% discount on the first official service, are supported for customers purchasing any model in the Tiguan lineup. Additionally, a black box installation service is provided to all Tiguan models, whether customers use Volkswagen Financial Services or pay in cash.
When applying the 70% individual consumption tax reduction benefit along with manufacturer discounts and trade-in benefits, the 2020 Tiguan can be purchased in the range of 35 million to 41 million KRW. Volkswagen Korea explains that June, before the end of the 70% tax reduction benefit, will be the most reasonable time to purchase a Tiguan.
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The Tiguan is highly rated for its spacious interior and trunk space, simple and modern interior and exterior design, as well as practicality and fuel efficiency. Thanks to this popularity, the Tiguan has sold over 6 million units worldwide and has been the best-selling model in Korea in November 2019, March 2020, and April 2020 since the domestic launch of the 2020 model in October last year.
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