Hyundai launches in-house finance

Hyundai Motor Company Australia (HMCA) has launched Hyundai Finance. Born from an exclusive partnership between HMCA and Hyundai Capital Australia, Hyundai Finance is designed to make the purchase of a new Hyundai easier, with a range of tailored and flexible finance solutions available.

HMCA says this partnership marks an important step in creating an intuitive and consistent journey for Hyundai owners, from purchase through ownership.

“We are proud to introduce Hyundai Finance in partnership with Hyundai Capital Australia, to provide our customers an even more convenient purchase and ownership experience,” said Hyundai Motor Company Australia Chief Executive Officer, Ted Lee.

“Through this exclusive partnership, we can offer financing solutions tailored to our customers and their chosen Hyundai model, exclusive offers and a seamless application process.”

Key benefits of the partnership include:

• Seamless Experience: Customers can select their Hyundai model and apply for
  finance directly in the showroom, making the process simpler and more convenient.
• Tailored Solutions: Flexible payment options, personalised interest rates and a Guaranteed Future Value2 product that secures the vehicle's minimum resale value at the end of the loan term (subject to fair wear & tear and kilometre conditions).
• Exclusive Finance Offers: Access to exclusive campaigns and promotions tailored specifically for Hyundai customers, such as deposit bonus offers for new and demonstrator vehicles.

The Guaranteed Future Value loan provides the following benefits:

• Guaranteed Future Value (GFV)2: Gives the vehicle’s minimum resale value at the end of the loan term.
• Flexible Options: At the end of the term, customers can choose to:

1. Trade-in: The vehicle’s value is used towards paying out the loan. If the trade-in value is higher than the GFV, the equity can be put towards a new Hyundai.
2. Keep: Pay the GFV amount to own the vehicle outright.
3. Return: Hand back the car with no further payments, provided it meets the agreed fair wear & tear and kilometre conditions.

• Competitive Repayments: The GFV2 product potentially lowers monthly payments compared with traditional financing, making Hyundai vehicles more affordable3.

For more information about Hyundai Finance products, including GFV 2 and all terms and conditions, click HERE.

Finance is provided by Hyundai Capital Australia Pty Ltd ABN 42 611 226 316 Australian Credit Licence 554051. For approved applicants only. Terms, conditions, fees, charges and eligibility criteria applies.

2 The Guaranteed Future Value (GFV) is the minimum future value of your new or approved demo Hyundai set out in your contract. At the end of the term, you can sell your car to us, and we will pay the GFV which will be put against your final payment, provided you're not in default under your contract and subject to fair wear and tear requirements and agreed kilometres being met.

3 Total interest payable on the loan will be higher than a loan with no GFV.