Hyundai Capital Launches Lease and Rental Program Tailored to Genesis GV90
Hyundai Capital announced on November 12 that it would launch "Genesis Finance THE 90," a lease and rental financing program optimized for the newly launched Genesis GV90.
"Genesis Finance THE 90" combines the benefits of the existing "Genesis Finance" program with premium care services provided throughout the vehicle's life cycle.
Customers receive a 3.6% discount on the vehicle price and discounts on rental fees when they sign a vehicle contract. Customers using the seven-seat GV90 Standard can save 250,000 won per month compared with general financing products. Over a 60-month period, this amounts to total savings of 15 million won.
Additional discounts are also available based on customers' battery management and vehicle usage history. Customers who enroll in "Battery Life Care 2.0 (Battery Coach+)," a battery management program, can receive an additional discount worth 50,000 won per month, and those who achieve the target reward score will receive a 300,000 won reward. In addition, customers who own or have used an existing Genesis vehicle, an imported vehicle, a Hyundai Motor electric vehicle (excluding the Casper), or the Nexo hydrogen vehicle can receive an additional discount of 120,000 won per month when they use "Genesis Finance THE 90."
Customers who have Hyundai Motor's Blue Members membership points can use them to pay part of their monthly lease or rental fees.
The "90 New Vehicle Replacement Service" is also drawing attention. If a vehicle-to-vehicle collision occurs within one year of delivery and the repair costs amount to at least 30% of the vehicle's new-car purchase price, the customer will not have to pay the cost of purchasing a replacement vehicle. They can use a new vehicle by paying only the costs required for its registration, such as acquisition tax and mandatory bond purchases, which will be added to their monthly payments.
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A Hyundai Capital representative said, "The program offers a range of financial benefits along with the best premium care services." The representative added, "We will continue to develop our products and services so that 'Genesis Finance THE 90' can become another reason to choose the Genesis GV90."
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