Benefits Including Special Low Interest Rates, Installment Fee Reductions, and Waivers of Early Repayment Charges

Kia Motors launched a new purchase program called the 'Shift Plan' on the 28th to commemorate the release of the Stinger Meister. (Photo by Kia Motors)

Kia Motors launched a new purchase program called the 'Shift Plan' on the 28th to commemorate the release of the Stinger Meister. (Photo by Kia Motors)

View original image


[Asia Economy Reporter Kim Ji-hee] Kia Motors announced on the 28th that it has prepared a new purchase program called the ‘Shift Plan’ to commemorate the launch of the Stinger Meister.


The Shift Plan program offers benefits such as ▲special low interest rates and installment payment reductions ▲waiver of early repayment fees ▲additional installment reductions when purchasing a Kia leisure vehicle (RV) using auto installments within 3 months after completing installment payments. Kia designed this program to reduce the burden of purchasing the Stinger Meister for customers in their early to mid-40s who seek the value of both performance sedans and family sedans, while also considering future replacement with an RV.


From this month until September, individual and sole proprietor customers who take delivery of the Stinger Meister and use this program will receive benefits including ▲a minimum installment interest rate of 1.0% (when paying in full with a Hyundai M-series card with a down payment of 10% or more) and a 1 million KRW reduction in installment payments over a total installment period of 36 months. Additionally, the waiver of early repayment fees throughout the installment period allows customers to freely repay the principal according to their financial situation, and if they purchase a Kia RV using auto installments within 3 months after completing installment payments, an additional 2 million KRW reduction in installments will be applied.


Furthermore, individual customers using the Shift Plan program who consider trading in their vehicle for another Kia model can conveniently sell their vehicle and repay the remaining deferred payments by using the ‘Used Car Price Guarantee Service.’


A Kia Motors official stated, “After careful consideration of benefits that can alleviate the burden of purchasing the Stinger Meister for the young 40s generation, we launched the ‘Shift Plan’ purchase program. We will continue to develop purchase programs that can reduce the burden of vehicle purchases.”



Meanwhile, Kia added the Stinger Meister to the vehicles eligible for the ‘Start Plan’ purchase program launched last month, making it more accessible for the 20s and 30s generation.


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing