G Finance Installment Interest Rate Reduced by 0.7 Percentage Points

Hyundai Capital "Use G Finance for Genesis Electric Vehicles Too" View original image

[Asia Economy Reporter Ki Ha-young] Hyundai Capital announced on the 8th that it has enhanced the benefits of the G Finance program, a financial program for Genesis customers.


The G Finance installment interest rate was lowered by 0.7 percentage points to reduce the burden on customers planning to purchase Genesis vehicles. For the standard 60-month plan, the rate was reduced from 3.4% to 2.7%, and for the 120-month plan, from 5.3% to 4.6%.


Hyundai Capital, together with Hyundai Motor Company, newly introduced the 'Win-Back' program, which offers additional discount benefits when Genesis and imported car owners purchase Genesis vehicles. By model, customers can receive an additional discount of 1,000,000 KRW for the G90, 500,000 KRW for the G80, GV80, and Electrified G80, and 300,000 KRW for the G70 and GV70.


With the launch of the Genesis brand's first electric vehicle, the eG80 (Electrified G80), exclusive benefits have also been strengthened. Customers who purchase G Finance selective lease or rental car products can additionally use services essential for vehicle use and management, such as premium tinting, leather coating, and regular visit car washes, along with the option to purchase electric vehicle charging points (500,000 KRW, 1,000,000 KRW, 1,500,000 KRW) at a discounted price.


There are also benefits for customers purchasing vehicles with Hyundai Card. If customers pay over 10,000,000 KRW using the Genesis-exclusive card 'Genesis Card' or Hyundai Motor exclusive cards 'Hyundai Mobility' or 'Hyundai EV Card' and use the Save Auto program, they can receive an additional discount of 1,000,000 KRW (500,000 KRW discount + 500,000 KRW cashback) for the G90, and 500,000 KRW (200,000 KRW discount + 300,000 KRW cashback) for other Genesis models.



G Finance is a Genesis-exclusive financial program that allows customers to freely set the installment period and defer up to 80% of the principal. Unlike existing auto finance programs, it offers various financial conditions tailored to customers' vehicle replacement cycles and repayment capacity.


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