Peugeot Limits Popular SUV to 210 Units... 7-Month Installment Fee Waiver

[Asia Economy Reporter Suyeon Woo] French automobile brand Peugeot announced on the 3rd that it will conduct a bold promotion waiving the full 7-month installment payments for customers purchasing its representative popular models, the 'Peugeot 3008 Sport Utility Vehicle (SUV)' and '5008 SUV.'

The official importer Hanbul Motors explained that this promotion was prepared to commemorate Peugeot's 210th anniversary and to significantly reduce the burden of vehicle purchases for customers due to the prolonged COVID-19 pandemic.

The promotion applies to the latest 2021 models, totaling 210 units: 110 units of the Peugeot 3008 SUV and 100 units of the Peugeot 5008 SUV. All customers who pay 30% of the vehicle price upfront through PSA Finance and use the 48-month installment program will receive the benefit of full waiver of 7 months' installment payments. For example, if a Peugeot 5008 SUV GT is delivered in November, the full installment amount of approximately 6.3 million KRW (principal and interest) due until June next year will be waived.

Dong Geuntae, Executive Director of Sales at Hanbul Motors, said, "We prepared this bold promotion waiving the full 7-month installment payments to ease the burden of vehicle purchases caused by the prolonged COVID-19 pandemic and to overcome these difficult times together. Since this is an unprecedented promotion targeting the latest model year of the most popular models, we hope customers can experience Peugeot's best-selling SUV models without the burden of installment payments."

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