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 This Article

Written By

Soveena

Hi I'm Soveena

Share via

Related News

Auto News

21-12-2022
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

11-06-2025
New Car

11-04-2023
Auto News
Hyundai Kona Electric Launched In Malaysia; Priced from RM149,888 to RM199,888

Hyundai Kona Electric Launched In Malaysia; Priced from RM149,888 to RM199,888

Hyundai Sime Darby Motors has officially debuted the the 2021 Hyundai Kona Electric which will be available in three variants: Lite, Plus and Max. Price will begin from RM149,888 for the e-Lite, while the e-Plus will go for RM169,888. The range-topping e-Max is priced at RM199,888.

23-11-2021
Auto News
Deals, Deals, Deals!: Hyundai Promise Offers Certified Used Cars With Attractive Promotions

Deals, Deals, Deals!: Hyundai Promise Offers Certified Used Cars With Attractive Promotions

Starting from September 17 to 19 limited certified used Hyundai units will be on special deals via Hyundai Promise, Hyundai-Sime Darby Motors’ (HSDM) approved used car programme which provides a seamless way of trading and buying pre-owned Hyundai vehicles.

17-09-2021
Auto News
A New Alternative: Hyundai Grand Starex Smart Lease Programme Launched

A New Alternative: Hyundai Grand Starex Smart Lease Programme Launched

Hyundai-Sime Darby Motors (HSDM) has recently announced the Hyundai Grand Starex Smart Lease Programme, offering a three to five years leasing programme that allows worry-free ownership of the Grand Starex.

19-08-2021
Auto News
Thank You, Heroes!: Hyundai Frontliners Appreciation Programme Kick Starts

Thank You, Heroes!: Hyundai Frontliners Appreciation Programme Kick Starts

Amidst the pandemic and the ongoing effort of our frontliners in combating this crisis, Hyundai-Sime Darby Motors (HSDM) has initiated the Hyundai Frontliners Appreciation Programme - an ode to all the local heroes who have worked all this while tirelessly.

17-08-2021

Latest News

Auto News
2026 Car Tint Guide: Top Brands Malaysians Recommend

2026 Car Tint Guide: Top Brands Malaysians Recommend

We’ve rounded up the 5 best car tints to keep your cabin comfy, protect your skin, and maintain privacy.

16-02-2026
Auto News
Tesla Malaysia Completes First Vehicle Delivery in East Malaysia

Tesla Malaysia Completes First Vehicle Delivery in East Malaysia

Tesla Malaysia has completed its first official vehicle delivery in East Malaysia at its pop-up experience centre in Kuching.

16-02-2026
Auto News
MAA: Jan 2026 New Vehicle Sales Down by 29% at 64,298 Units

MAA: Jan 2026 New Vehicle Sales Down by 29% at 64,298 Units

Jan 2026 saw a total of 64,298 units of new vehicles being sold, marking a 29% decrease over the previous month.

16-02-2026
Auto News
Jetour Malaysia Launches Owners Club, T2 Previewed at First Gathering

Jetour Malaysia Launches Owners Club, T2 Previewed at First Gathering

JETOUR Malaysia launches its owners club with a Genting convoy drive and exclusive preview of the upcoming T2 SUV.

16-02-2026
Auto News
West Coast Expressway Expects 35% Traffic Surge for CNY

West Coast Expressway Expects 35% Traffic Surge for CNY

WCE anticipates 160,000 vehicles daily during the Chinese New Year festive rush, a 35% increase compared to last year.

14-02-2026
Auto News
Chery Malaysia’s 2026 Plans Detailed – Four New Models, 30% CSH Sales, Gen 4 Outlet

Chery Malaysia’s 2026 Plans Detailed – Four New Models, 30% CSH Sales, Gen 4 Outlet

Chery Malaysia’s 2026 vision will see the automaker launching four new models, and 30% of its sales coming from CSH models.

13-02-2026
Auto News
Zeekr Malaysia Set To Release Three New Models In 2026

Zeekr Malaysia Set To Release Three New Models In 2026

Zeekr Malaysia confirm plans to release three new models locally this year, could include 9X as ‘new flagship’ offering too.

13-02-2026
Auto News
Traffic Nightmare Hits Klang Valley, Economy Feels the Burn

Traffic Nightmare Hits Klang Valley, Economy Feels the Burn

Commuters face unprecedented jams as KL and Selangor grind to a halt this festive season.

13-02-2026