Hyundai-Sime Darby Motors introduces new step-up financing plan – up to nine-year tenure

As part of its ‘Disctinctive Raya Promotion’, Hyundai-Sime Darby Motors (HSDM) today introduced a new step-up financing plan to offer “flexible and affordable” loan repayments of up to nine years, with a maximum of 90% financing.

With the new financing plan, monthly instalments for the Hyundai Kona starts at RM958, the Elantra from RM1,098, the Grand Starex from RM1,348, the Santa Fe from RM1,388, and the Sonata from RM1,548 – all based on a nine-year loan tenure at 90% financing.

“The bank’s recent implementation of stricter loan approvals has resulted in tougher loan approvals. We understand the predicament of our customers, therefore we have introduced this step-up financing scheme to help lower their monthly commitments when purchasing a new car and hopefully, help them in securing a loan,” said HSDM Managing Director, Low Yuan Lung.

“With every product and service offering, we aim to surpass our customers’ expectations by creating distinctive experiences and providing excellent value. We are constantly studying customers’ expectations of our products and offerings, and we will keep improving not only to meet them but also to exceed their expectations,” Low added.

As part of the Distinctive Raya Promotion, HSDM is also including a free Ogawa Smart Vogue Prime massage chair worth RM11,999 for every purchase of a 2020 Hyundai model, while stocks last. The promotion will run from now until the 30th of June 2021, coinciding with the extended sales tax exemptions period, which means you’ll get to save even more on your new car.

All Hyundai models come with a five-year/300,000 km warranty, as well as a 3-year/50,000 km free scheduled service package.

HSDM recently went on the offence with its car launches, with two new models – the Elantra 1.6 Executive and the new Kona facelift – launched in the span of just one month. HSDM have also already confirmed that more are coming, including the Palisade and the Hyundai Kona N-Line – so keep your eyes peeled!


Please enter your comment!
Please enter your name here