Volkswagen Financial Services Korea is conducting a special financing promotion throughout February for its flagship SUV lineup, the Tiguan 2.0 TDI Prestige and the Tiguan Allspace 2.0 TSI Prestige models.
This February promotion offers a low-interest financing option at 1.97% along with a guaranteed residual value of up to 50%, making it possible for customers to lower their monthly payments to around 300,000 KRW through the guaranteed residual value financing program.
With the 1% low-interest financing program, customers who sign a contract for the Tiguan 2.0 TDI Prestige model (MSRP: 47.9 million KRW) or the Tiguan Allspace 2.0 TSI Prestige model (MSRP: 51.9 million KRW) can pay a 30% down payment and purchase their vehicle over a 36-month contract duration at 1.97% interest.
If purchased through the guaranteed residual value financing program, customers can operate the Tiguan 2.0 TDI Prestige model or the Tiguan Allspace 2.0 TSI Prestige model with a 30% down payment for monthly payments of 345,500 KRW and 361,400 KRW, respectively, over a 36-month contract period.
Additionally, it is possible to access reasonable rates around 4%, with guaranteed residual values of 49% and 50%, respectively. Customers using the guaranteed residual value financing program will have their vehicle priced guaranteed at the residual value regardless of the used-car market when they return the vehicle at the end of the contract term. If the vehicle is not returned, they can continue driving the vehicle by repaying the loan principal equivalent to the residual value at the end of the contract.
Moreover, Volkswagen Korea offers a ‘5-year/150,000 km free warranty extension program’ and a ‘total care service for accident repair,’ which supports the deductible up to five times when insured repair of an accident occurs at an official service center (with a limit of 500,000 KRW per accident, no distance limits for the first year).
The Volkswagen Tiguan is a second-generation facelift model that has been upgraded in all aspects, including design and technology. With high fuel efficiency, practicality, and a reasonable price, it retains the number one position in the domestic imported SUV market and is the only imported SUV that has achieved cumulative sales of 60,000 units as of November last year (excluding Allspace, based on the KAIDA single model basis).
The long-wheelbase model, the Tiguan Allspace, has gained immense popularity since its launch in August last year, selling a total of 2,282 units in just six months due to its spaciousness and quiet driving experience.
Meanwhile, this special financing promotion for the Volkswagen Tiguan and Tiguan Allspace will only be available until the end of this month, and more details can be found on the Volkswagen Financial Services website.
Lee Sang-jin daedusj@autodiary.kr