Hyundai offers finance

HYUNDAI Motor Company Australia will offer finance for the first time from September 1.

HMCA announced the formation of Hyundai Capital at last week’s Elantra launch and said 19 of its Australian dealers had already signed on to offer "a number of different finance options for private and fleet customers".

A joint-venture partnership with AAA-rated financial services company GE Money Motor Solutions, Hyundai Capital says it will also offer products unique to Hyundai.

The finance will be available to retail and fleet buyers, lessors and dealers of new and used Hyundai cars from Hyundai dealerships.

Hyundai Capital’s first offering is a five-door Getz for no deposit, $69 a week (plus on-road costs) for five years with no residual payment at the end of the five years.

"Hyundai customers will be able to choose from Hyundai Capital’s larger variety of tailored, flexible and structured finance plans to suit their circumstances than offered by banks, credit unions and other finance houses," said Alan Crouch, newly appointed sales and marketing manager for Hyundai Capital.