Hyundai Motors, Diamond Bank Vehicle Credit scheme runs till end of Feb

By Theodore Opara

Prospective patrons and fleet managers willing to access soft bank loans to procure  Hyundai vehicles at discount price without necessarily undergoing bureaucratic bank charges can take advantage of Hyundai Motors Nigeria and Diamond Bank PLC ‘Dream Deal’ vehicle finance offer  the management of both organizations have announced that this scheme will run till end of February 2016.

The scheme christened ‘Hyundai/Diamond Dream Deal: It’s the best time to own a brand new Hyundai’ was extended to meet yearning customers’ request and it   promises to ease payment with 48 equal monthly installments without collateral or management fee, the duo assured.

Hyundai Motors Nigeria head of sales and marketing, Jatin Nadkarni who gave this hint at the inauguration ceremony in Lagos said the credit scheme was in line with Hyundai strategy and direction to make Hyundai vehicle acquisition a seamless experience.

He said successful customers would aside these seamless benefits enjoy series of other offers including interest as low as 14%; special prices; waiver of commitment and management fees, free labour and consumables for three months with one Samsung Galaxy Tab for every car purchased.

Also describing vehicle credit facility as a common practice in advanced markets, Mr. Nadkarni said the initiative is consequent upon the federal government National Automotive Industry Development Plan (NAIDP) aimed at encouraging patronage of new vehicles, particularly home made cars. The company listed some passenger and commercial vehicle models that can be procured during this bonanza as Hyundai i10, Xcent, Accent, Elantra and Hyundai H100 truck with H1 van and school bus respectively.

He dismissed risk of hidden charges in the liberal credit facility, remarking that Hyundai Motors with Diamond Bank have integrated the vehicle acquisition plan to enable many more customers including those without functional account with the bank to embrace the facility.

“The evolving needs and preferences of prospective vehicle buyers prompted this campaign, which essentially would lessen the burden of owning a serviceable car, Mr. Nadkarni affirmed.

Also adding that the opportunity was designed to discourage patrons of used vehicle also known as tokunbo, the Hyundai Motors sales and marketing helmsman said: “I still can’t see the wisdom in patronizing tokunbo cars that doesn’t come with service history let alone offering value for money; which means, inheriting the liability of a previous user at unimaginable expense.