Hyundai Motor Holds 'SUV SUMMER Festival'

Jul 01, 2025
















Photo courtesy : carguy(www.carguy.kr)









Hyundai Motor announced on the 1st (Tuesday) that it will hold a "SUV SUMMER Festival" that will apply an ultra-low interest rate promotion of 2.9% for the month of July to ease the burden on customers to purchase vehicles ahead of the full-fledged summer vacation season.









A total of eight vehicles, including hybrid vehicles such as ▲ Kona ▲ Tucson ▲ Santa Fe ▲ GV70 ▲ GV80, lowered ▲ Kona ▲ GV70 ▲ GV80 by 1.6%p from the previous interest rate of 4.5%, and ▲ Tucson ▲ Santa Fe by 1.1%p from the previous interest rate of 4.0%. (Based on 60 months installment)





















If 1% of the vehicle's amount is paid in advance during the promotion period and the remaining total amount is carried out in 60-month installments, the monthly installment of the Kona Smartstream Gasoline 1.6 Turbo Modern model will be reduced by about KRW 17,200 from KRW 444,600 to KRW 427,400, and the total payment will also be saved by KRW 1,028,400.









The Tucson Modern model reduces monthly installment payments by 13,300 won from 497,600 won to 484,300 won, saving 797,900 won in total payments.









The monthly installment of the Santa Fe Exclusive model will be reduced by 17,000 won from 636,700 won to 619,700 won, and the total payment fee can be saved by 1,021,000 won.












The burden of purchasing the popular Genesis model, ▲GV70 ▲GV80, is also greatly reduced.









For the GV70 gasoline 2.5 turbo basic model, the monthly installment will be reduced by 37,700 won from 977,800 won to 94,100 won, saving 2,261,800 won in total payments.









For the GV80 gasoline 2.5 turbo basic model, the monthly installment will be reduced by 48,600 won from 1,262,400 won to 1,213,800 won, and the total payment will be saved by 2,920,100 won.









Meanwhile, Hyundai Motor will also hold a 'burden DOWN promotion' with special low-interest rate benefits during the month of July.




The Burden DOWN Promotion" is a 36-month suspension installment product that guarantees the price of a used car and suspends the installment as much as the remaining amount of the vehicle, and temporarily repay the grace period by returning the vehicle to the maturity round, and Grandeur (including hybrid vehicles) has been added since July."









During the grace period, only the principal and interest of the rest of the amount excluding the grace period were paid to minimize the customer's initial cost of purchasing a vehicle and the burden of monthly payments.









If the 'burden DOWN promotion' is applied, the ▲ Grandeur (including hybrid vehicles) can receive an installment rate of 1.9%p lower from 4.7% to 2.8%, and the ▲ IONIC 5 ▲ IONIC 6 ▲ Kona Electric can benefit from an interest rate of 2.9%p lower from 4.7% to 1.8%.







A Hyundai Motor official said, "We have prepared special promotions for customers who are considering purchasing vehicles for the summer vacation season. We will continue to prepare various promotions to boost domestic demand and reduce the burden on customers."



Editor Song Moon-cheol mc.song@carguy.kr











This article was translated by Naver AI translator.