Hyundai Capital Launches Genesis Exclusive Financial Program 'G-Finance'

Industry's First
Customized Auto Financing Program

[Asia Economy Reporter Ki Ha-young] Hyundai Capital announced on the 4th that it will launch 'G-Finance,' an exclusive financial program for Genesis customers, in collaboration with Hyundai Motor Company.

G-Finance is the industry's first customized automobile financial program (FTO) that allows customers to combine various conditions as they wish. It expands the customized order program (BTO), which lets customers select only the necessary options when purchasing a Genesis, to financing as well.

G-Finance is mainly composed of installment plans, lease/rental car programs, and subscription programs. New car installment plans can be chosen in various ways depending on the customer's situation. The installment period can be set up to 120 months, and up to 80% of the principal can be deferred to reduce the customer's burden and expand their options. The ability to configure installment products flexibly according to the customer's vehicle replacement cycle and repayment capacity distinguishes it from existing automobile financial programs.

When using lease or rental cars, it also differentiates itself from existing financial products. This product offers an economical option that includes new car exchange insurance and a smart repair service that restores vehicle exterior damage for one year, as well as a selectable option composed of additional services preferred by customers. The selectable option enhances customer satisfaction by allowing customers to freely choose essential vehicle use and maintenance services such as premium tinting, leather coating, and regular visit car washes.

For customers sensitive to trends and who prefer using new cars, a subscription program has also been introduced. By using this program, customers can select a new Genesis 3 times in 3 years or 2 times in 4 years depending on the contract period. When replacing the vehicle, a new car is provided, and various services offered in the lease/rental car program can also be used.

A Hyundai Capital official said, “The financial program tailored to Genesis, Korea’s representative premium car model, features the ability for customers to combine various conditions in the form they desire.”

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