PCP offers on the Hyundai Velostar, New i20
and Santa Fe SUV are the first high-profile deals under the new
joint venture between the manufacturer and Santander Consumer
Finance.
Incorporated under the name Hyundai Capital UK, the
partnership between Santander and Hyundai, plus Kia, was
formally announced in March, but the latest deals are the first
since the official launch last week.
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The Velostar and Santa Fe will be offered at
£199 a month, 5.9% APR, over 36 months, with a £4,645 deposit, plus
£1,500 contribution from the manufacturer; while the i20 is
available on the same term length at 6.9% APR, at £119 a month,
with a £1,850.50 deposit, plus £250 from Hyundai.
Although a number of Hyundai finance offers
have continued or begun since March, a spokesperson for the South
Korean manufacturer confirmed the deals were the “biggest,
headline” offers of the partnership with Santander.
Further comments from Manroop Khela, managing director of
Hyundai Capital UK, will be published in
the July issue of
Motor Finance
magazine.
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