Just In Time For Hari Raya! Check Out Hyundai’s Step-Up Financing For Purchase Of A New Car!
Hyundai-Sime Darby Motors (HDSM) recently introduced its step-up financing plan just in time for Raya Celebrations with their Distinctive Raya Promotion! Hyundai’s step-up financing plan allows flexible and affordable repayment of up to nine years, along a 90 per cent loan.
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Do you think this step-up financing plan is worth it? Let’s dive in!
The financing plan gives you a 9 year loan, along with a low installment for the first few years, and then slightly increases after that. However, at the end of the plan, buyers will be expected to pay a high installment.
Based on the estimate calculator, a monthly installment for the Kona is RM1,242 but instead you’re only paying RM958. As for the Elantra, Grand Starex, Santa Fe and Sonata, Hyundai’s step up plan offers them at RM1,098, RM1,348, RM1,388 and RM1,548 respectively.




“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 its 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,” said Low.
Customers who have purchased any 2020 Hyundai Models from now until June 30, 2021 will also receive an OGAWA Smart Vogue Prime chair worth RM11,999 (only while stock lasts).
All Hyundai models come with a five-year or 300,000km whichever comes first warranty as well as a 3-year or up to 50,000km free maintenance (whichever comes first).
For more information on this campaign or any Hyundai products and services, visit hyundai.com.my
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JPJ Running Numbers
KUALA LUMPUR
VQK8374
SELANGOR
BSM2735
JOHOR
JYQ8972
PULAU PINANG
PRY3830
PERAK
APE8871
PAHANG
CFF1463
KEDAH
KGE2059
NEGERI SEMBILAN
NEJ4487
KOTA KINABALU
SJQ1561
KUCHING
QAB1870N
Last updated 02 Feb, 2026
Fuel Price
Petrol
RON 95
RM 2.54
+0.02
RON 97
RM 3.10
+0.02
RON 100
RM 5.00
VPR
RM 6.23
Diesel
EURO 5 B10
RM 2.88
+0.04
EURO 5 B7
RM 3.08
+0.04
Last updated 22 Jan, 2026
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