Hyundai Motor Company Launches Customer Promotion for High-Performance Avante N and Ioniq 5 N Deliveries
10th Anniversary of High-Performance Brand 'N'
Invitation to Germany's Nurburgring Race
Test Drive Events, Rental, Installment, and Lease Promotions
Hyundai Motor Company announced on the 3rd that it will carry out various customer promotions to celebrate the 10th anniversary of the launch of its high-performance brand 'N.'
Hyundai first unveiled the N brand at the Frankfurt Motor Show in September 2015 and has been striving to popularize high-performance cars over the past 10 years by launching models such as the Avante N and Ioniq 5 N.
To commemorate the 10th anniversary, Hyundai is inviting customers who purchase the Avante N or Ioniq 5 N from the 1st of this month until the 30th of next month to participate in a lottery for a chance to be invited to the '2025 N?rburgring 24-hour Endurance Race (5 people)' and the 'HMG Driving Experience Center (80 people).'
Selected customers can either watch the race live at the N?rburgring in Germany or drive N vehicles on the track at the HMG Driving Experience Center located in Taean, Chungnam.
In addition, Hyundai is holding a 'Together Test Drive Event' until the 30th, where customers can test drive N vehicles at 10 driving lounges nationwide. Customers wishing to test drive can apply through Hyundai’s official event page, and winners can test drive at the driving lounges.
Hyundai has also prepared financial promotions such as 'N Finance Installment' and 'N Finance Rent·Lease' to allow more customers to experience N vehicles. The N Finance Installment combines guaranteed residual value and deferred installments in a 'vehicle return deferred installment' plan and lowers customers’ purchase burden through low-interest operation.
For a 36-month term, the guaranteed residual value and interest rates for the Avante N are up to 65% residual value guarantee and 3.5% interest, and for the Ioniq 5 N, up to 55% residual value guarantee and 2.9% interest are applied. Customers using this installment plan can make a lump-sum repayment of the deferred amount by returning the vehicle at the end of the term.
The N Finance Rent·Lease offers discount and additional service types. Choosing the discount type reduces the monthly payment for a 60-month lease under the user’s name by about KRW 50,000 for the Avante N and about KRW 110,000 for the Ioniq 5 N compared to before. The additional service type lowers the monthly payment by about KRW 10,000 for the Avante N and about KRW 80,000 for the Ioniq 5 N for a 60-month lease under the user’s name. Additionally, as an extra service, lessees can experience accommodation, food and beverages, and the circuit at Inje Speedium once a year for a total of five times during the vehicle lease period.
Hot Picks Today
"It Was Fantastic" Jensen Huang's Daughter Seal...
- "Korea Is Great": Visitors Spent an Extra $435 Each... Want to Stay Longer, But ...
- "You'll Regret Not Buying Now"... Minister Urges Travelers to Purchase Airline T...
- To Withdraw His Late Sister’s $300 Deposit, 50-Year-Old Indian Man Brings Her R...
- 'Maternity Leave for Second Child' Interrupted... 1997-born White House Spokespe...
A Hyundai Motor Company official said, "To mark the 10th anniversary of the launch of the high-performance brand N, we have prepared various customer programs," adding, "With the start of a new decade, we will strive to let more customers know the driving pleasure that N pursues."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.