In collaboration with local banking institutions, Hyundai Motor Philippines Inc. (HMPH) is set to introduce a variety of exclusive car payment alternatives through the “Hyundai Finance” program. The initiative is being launched in partnership with an initial group of local collaborators, including East West Bank (EWB), Banco De Oro (BDO), and Bank of the Philippine Islands (BPI) – three of the Philippines’ widely known and trusted banks. These esteemed partners will facilitate seamless and efficient application processes for Hyundai customers.
On October 19, 2023, a ceremonial agreement signing for this latest initiative took place at Conrad Manila in Pasay City. Present at the event were Mr. Dongwook Lee, President of HMPH, and Mr. Cecil Capacete, Managing Director of HMPH, alongside key representatives including Ms. Jocelyn Legaspi, First Vice President the Secured Lending Head of EWB, Ms. Susan Audrey Rivera, Senior Vice President the Consumer Lending Group Head of BDO, and Mr. Dennis Fronda, Senior Vice President the Retail Lending Bancassurance Group Head of BPI.
Related: Hyundai reveals the updated 2024 Tucson
“Hyundai Finance is being introduced to better meet the needs and help more Filipinos drive home their dream Hyundai. We wish to make the overall buying process all the more convenient for them. Which is one of the many proactive efforts we are taking to keep our promise to continuously innovate the Hyundai brand experience.”
Hyundai introduces a new range of car payment options with “Hyundai Finance”
Faster and easy applications are on the way with “Hyundai Finance”.
Jerome Tresvalles on Nov 28, 2023You are here:HomeLatest StoriesNewsHyundai introduces a new range of car payment options with “Hyundai Finance”
In collaboration with local banking institutions, Hyundai Motor Philippines Inc. (HMPH) is set to introduce a variety of exclusive car payment alternatives through the “Hyundai Finance” program. The initiative is being launched in partnership with an initial group of local collaborators, including East West Bank (EWB), Banco De Oro (BDO), and Bank of the Philippine Islands (BPI) – three of the Philippines’ widely known and trusted banks. These esteemed partners will facilitate seamless and efficient application processes for Hyundai customers.
On October 19, 2023, a ceremonial agreement signing for this latest initiative took place at Conrad Manila in Pasay City. Present at the event were Mr. Dongwook Lee, President of HMPH, and Mr. Cecil Capacete, Managing Director of HMPH, alongside key representatives including Ms. Jocelyn Legaspi, First Vice President the Secured Lending Head of EWB, Ms. Susan Audrey Rivera, Senior Vice President the Consumer Lending Group Head of BDO, and Mr. Dennis Fronda, Senior Vice President the Retail Lending Bancassurance Group Head of BPI.
Related: Hyundai reveals the updated 2024 Tucson
“Hyundai Finance is being introduced to better meet the needs and help more Filipinos drive home their dream Hyundai. We wish to make the overall buying process all the more convenient for them. Which is one of the many proactive efforts we are taking to keep our promise to continuously innovate the Hyundai brand experience.”
Dongwook Lee
President, HMPH
To start off this new initiative, Hyundai is rolling out a set of financing schemes for the Creta and Stargazer, two major market drivers for the South Korean automaker in the Philippines.
The initial option involves a minimal upfront payment, requiring a 20 percent down payment for a 60-month term. The second choice offers complimentary amortization for up to five months within a 60-month term. The third option features zero interest with a 20 percent down payment, applicable to 12 or 18-month terms. If you want to take advantage of this, you can head over to Hyundai Philippines’ website to view the full terms and conditions, alternatively, you can ask about this new program at any Hyundai dealership.
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