Drive an EV for Less in the 'High Oil Price Era'... Hyundai Capital Offers 5-7% Discounts on Hyundai and Kia Lease and Rental Deals

IONIQ 5, IONIQ 6, Kona EV, EV6, and EV9 Included
Maximized Savings with Government Subsidies and Tax Benefits
Low-Interest Installment Program at 2.3% APR Available for Installment Customers

On June 19, Hyundai Capital announced that it is launching a discount promotion for leasing and rental customers of Hyundai Motor Company and Kia's flagship electric vehicles, including the IONIQ series, Kona, and EV9.

Using the Hyundai Motor Company Ioniq 6. Hyundai Capital

First, Hyundai Capital is offering a 7% discount on the vehicle price as well as a 7% discount on monthly lease and rental fees for Hyundai Motor Company's main electric vehicle lineup: IONIQ 5, IONIQ 6, and Kona EV.

For example, if a customer leases the IONIQ 6, they can use the vehicle for a monthly fee in the 540,000 won range, which is 120,000 won less per month than before. Through this promotion, a customer who leases the IONIQ 6 for 60 months can save approximately 7.2 million won in total costs.

Benefits are also provided for customers using Kia electric vehicles. Customers who lease or rent the Kia EV6 or EV9 receive a 5% discount on the vehicle price and an additional 5% discount on monthly lease and rental fees. If customers lease these vehicles for 60 months, they can save a total of 4.8 million won on the EV6 and 7.2 million won on the EV9.

Typically, the price of electric vehicle lease and rental products reflects government and local government subsidies received by leasing and rental companies as the purchasers. This means that customers can conveniently enjoy these benefits without needing to apply for subsidies separately.

Additionally, by using lease or rental products, customers can reduce the initial costs that arise when purchasing a vehicle, such as acquisition and registration taxes. Corporate and individual business customers can also treat the lease or rental fees as business expenses to enjoy tax benefits.

Meanwhile, Hyundai Capital is also operating the 'EV Burden Down' program for customers who wish to purchase an electric vehicle through installment payments. This program allows customers to defer up to 60% of the total vehicle price to the end of the installment period, significantly lowering their monthly payments.

For example, when using the IONIQ 5, customers only need to pay the principal and interest on 40% of the vehicle price during the installment period, which amounts to monthly payments in the 310,000 won range. At the end of the installment term, customers can return the vehicle and settle the deferred amount using the pre-guaranteed residual value of the car.

A Hyundai Capital representative said, "As fuel prices continue to rise, we have prepared these benefits so that customers can use electric vehicles more economically," adding, "By taking advantage of these benefits, customers can experience Hyundai Motor Group's electric vehicles at a reasonable price."

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