Link Copiedcheck_circle
Auto News

Just In Time For Hari Raya! Check Out Hyundai’s Step-Up Financing For Purchase Of A New Car!

Soveena

Share via

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. 




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 

Gallery

Tagged:

hyundai kona
Hyundai Sime Darby Motors
Hyundai Elantra
Hyundai Santa Fe
Share via

Related News

International
2022 Hyundai Kona; Hyundai To Test A New Powertrain?

2022 Hyundai Kona; Hyundai To Test A New Powertrain?

The Kona, a compact crossover that Hyundai unveiled for the 2018 model got a mid-cycle facelift in 2021. The model needs a total overhaul, and recent spy images show that work on the vehicle is still ongoing. The updated photographs show the Kona towing a large load.

15-07-2022
Videos
2021 Hyundai Kona Electric EV Full Review | Most affordable EV in Malaysia?

2021 Hyundai Kona Electric EV Full Review | Most affordable EV in Malaysia?

Hyundai Sime Darby Motors has officially debuted the the 2021 Hyundai Kona Electric which will be available in three variants: Lite, Plus and Max! Starting from RM150k will this EV be Malaysian's next favorite pick for Electric vehicles? Learn more about 2021 Hyundai Kona Electric EV's exterior, i

29-11-2021
Auto News
An SUV To Suit Almost Every Lifestyle, Meet The Hyundai KONA Family!

An SUV To Suit Almost Every Lifestyle, Meet The Hyundai KONA Family!

The Hyundai KONA family is made up of the KONA, KONA Hybrid, KONA N Line, KONA Electric and the KONA N. The subcompact SUV was launched with two petrol engines but was then introduced to diesel, hybrid and battery-electric powertrains, as well as the sporty N Line trim.

20-09-2021
International
2020 Hyundai Kona Facelift Debuts With Sharper Exterior and New N-Line Variant

2020 Hyundai Kona Facelift Debuts With Sharper Exterior and New N-Line Variant

The biggest change on the exterior of the Hyundai Kona is at the front, where the face has been completely reworked

01-09-2020
Auto News
New Hyundai Motor Malaysia Social Media Page Goes Live

New Hyundai Motor Malaysia Social Media Page Goes Live

Ahead of the planned takeover, Hyundai Motor Malaysia has just launched its new social media pages.

10-06-2025
Auto News
Demand For Diesel-Powered Vehicles Will Remain Strong Despite Subsidy Rationalisation - Sime Darby

Demand For Diesel-Powered Vehicles Will Remain Strong Despite Subsidy Rationalisation - Sime Darby

Sime Darby Bhd anticipates that demand for the diesel-powered vehicles in its portfolio will continue to be strong despite the rationalization of the diesel subsidy.

28-08-2024
New Car
BYD Dolphin Malaysia Price And Specs Leaked – 2 Variants, Up to 427 KM, From RM99,900 Nett!

BYD Dolphin Malaysia Price And Specs Leaked – 2 Variants, Up to 427 KM, From RM99,900 Nett!

BYD Dolphin EV hatch prices and specs leaked ahead of official launch, starts from RM99,900 nett!

27-07-2023
Review
6 Reasons Why The Hyundai Kona Electric Is Worth A Serious Look

6 Reasons Why The Hyundai Kona Electric Is Worth A Serious Look

We revisited the Hyundai Kona Electric recently, and here are 6 reasons why it’s still worth a serious look.

12-04-2023

Latest News

Auto News
Tough Times, But Everyone Still Wants a Saga: Sales Jump 38% Despite a Slow Market

Tough Times, But Everyone Still Wants a Saga: Sales Jump 38% Despite a Slow Market

Proton Saga defies the 2026 market slump with a 38% sales surge! Discover the new 1.5L engine, Level 1 ADAS, and tech upgrades making it Malaysia’s top choice.

03-04-2026
Auto News
Malaysia Is Angry… But The World Is Already in Energy Crisis

Malaysia Is Angry… But The World Is Already in Energy Crisis

Malaysia is cutting the BUDI95 quota to 200L. While we argue over liters, the world is in "Energy Survival Mode." Is an EV your secret to beating the 2026 crisis?

03-04-2026
Auto News
GWM Malaysia Eyes Top 10 Spot by 2028: 6 New Models to Launch, Led by Tank 300 HEV

GWM Malaysia Eyes Top 10 Spot by 2028: 6 New Models to Launch, Led by Tank 300 HEV

GWM Malaysia targets Top 10 status by 2028, launching 6 new SUVs starting with the Tank 300 HEV.

02-04-2026
Auto News
Why Your Next Group Trip Costs 80% More: Diesel Hits Historic RM6.02 (April 2-8)

Why Your Next Group Trip Costs 80% More: Diesel Hits Historic RM6.02 (April 2-8)

Malaysia's tour bus and van rates jump 80% as diesel hits a historic high.

01-04-2026
Auto News
Bye-Bye RM1.99? Why Your Petrol Subsidy is Now a 'Timed' Reality

Bye-Bye RM1.99? Why Your Petrol Subsidy is Now a 'Timed' Reality

Will RON95 hit RM2.87? SERC warns of a "timed reality" for Malaysia's petrol subsidies. Break down the RM4 billion subsidy bill and what the 200L quota cut means for you.

01-04-2026
Auto News
MITI Breaks Silence: The Truth Behind the '80% Export' Ultimatum

MITI Breaks Silence: The Truth Behind the '80% Export' Ultimatum

MITI breaks its silence on the viral BYD "80% export" rumors. From the RM100k EV price floor to the truth behind the BYD Shark "ban," here is the official clarification on Malaysia's automotive future.

31-03-2026
Auto News
DUI Offenders Face Direct Compensation to Families Under New Law

DUI Offenders Face Direct Compensation to Families Under New Law

Transport Minister Anthony Loke confirms new amendments to Act 333 for DUI offenders.

31-03-2026
Auto News
7 Years of Peace of Mind: Why the Saga MC3’s New Warranty is a "Must-Have" Add-On

7 Years of Peace of Mind: Why the Saga MC3’s New Warranty is a "Must-Have" Add-On

Proton's new RM1,200 extended warranty for the Saga MC3 offers 7 years of cover. We decode the costs, the 1.5L i-GT engine risks, and the resale value hacks.

30-03-2026