Hyundai offering up to RM5k extra trade-in support for existing owners, up to RM3k more for other brands

Hyundai offering up to RM5k extra trade-in support for existing owners, up to RM3k more for other brands

Hyundai-Sime Darby Motors (HSDM) has been a busy company of late. Now based in a nice new HQ in Ara Damansara, the Hyundai distributor recently launched the Kona crossover, Sonata flagship sedan and Elantra C-segment sedan. All are eye-catching designs, but to further entice prospects, HSDM is rolling out a year-end trade-in campaign offering up to RM5,000 extra on your car’s trade-in value.

According to HSDM, “most used car dealers tend to undervalue second-hand Hyundai cars and will offer the lowest possible price in order to get a higher resale profit, presuming that the car will be difficult to sell”. However, the company says that actual resale value for Hyundai cars is only slightly lower, or on par with other car brands of the same segment and year.

With this campaign, a collaboration with Sime Darby Motors’ multi-brand pre-owned car dealer Sime Darby Auto Selection, Hyundai car owners “can now look forward to competitive prices that are hard to beat”.

The deal is up to an additional RM5,000 above the trade-in market value for an older Hyundai, or up to RM3,000 over the trade-in price for other makes. The offer is until December 31, 2020. Of course, purchases made in 2020 will also enjoy sales tax exemption.

“This way, potential Hyundai car owners can shop with peace of mind, and perhaps consider buying a more premium model than they had initially planned. Through our efforts, we hope to continue to invigorate the car industry, especially as the country manoeuvres through this challenging Covid-19 times,” said Low Yuan Lung, MD of HSDM.

To qualify for this special trade-in offer, certain terms and conditions apply. Car owners must ensure all their documents are genuine and meet Puspakom’s requirements. The trade-in of the used vehicle will be done via Sime Darby Auto Selection. Click on these links to check out new arrivals Kona, Sonata and Elantra.

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Danny Tan

Danny Tan loves driving as much as he loves a certain herbal meat soup, and sweet engine music as much as drum beats. He has been in the auto industry since 2006, previously filling the pages of two motoring magazines before joining this website. Enjoys detailing the experience more than the technical details.

 

Comments

  • YB Albert on Dec 21, 2020 at 9:13 pm

    If Sime darby can offer rm5000 extra to entice buyers,can u imagine the insane and obscene amount of gross profits per car .
    Hyundai is one of the top 10 automobile brands now worldwide.
    But here in Bolehland,it is a bombshell..just superlative gargantuan premium pricing as the hardcore Hyundai loyalist is paying for a fairytale unrealistic price.

    Like or Dislike: Thumb up 12 Thumb down 1
  • Semi-Value (Member) on Dec 21, 2020 at 11:11 pm

    better buy proton x50 or x70 than these korean kimchi no rv crap

    Like or Dislike: Thumb up 8 Thumb down 3
  • Celup King on Dec 22, 2020 at 1:13 am

    Koreans cannot sell. Period.
    Upping prices just leads to a deadend.

    Like or Dislike: Thumb up 0 Thumb down 0
  • sam123 on Dec 22, 2020 at 8:54 am

    greeed

    Like or Dislike: Thumb up 0 Thumb down 0
  • will NOT buy this car. no thank you sime darby. you are super expensive and NOT worth the money. u made hyundai DOA

    Like or Dislike: Thumb up 2 Thumb down 0
    • pdesign on May 31, 2022 at 3:34 pm

      thankfully hyundai success in indonesia i think a country without korean cars feels weird because korean cars outside their in european and america their a big competitor for japanese

      Like or Dislike: Thumb up 0 Thumb down 0
  • Botani Boy on Dec 22, 2020 at 12:02 pm

    the enticement just isnt atrractive enough now. Please just dont think of huge profit all the time.
    Bolehland business seem to be about cepat untung and kaya these days.

    Produce good quality, reasonably priced car, to establish trust, confidence and loyalty in owners. Then later think about making profit.

    Like or Dislike: Thumb up 1 Thumb down 1
  • Muhammad Hafiizh on Dec 22, 2020 at 1:59 pm

    will kona EV enter msia market ?

    Like or Dislike: Thumb up 0 Thumb down 0
  • Not keen on K pop on Dec 22, 2020 at 5:11 pm

    Poor resale value of Korean cars indicate a perception of inferior quality (vs Japanese & German), lack of spare parts (vs Japanese), lack of confidence of bankers on their worthiness… But do not be despair. The poor resale value is good for those needing another car for their kids.

    Like or Dislike: Thumb up 0 Thumb down 0
    • pdesign on May 31, 2022 at 3:36 pm

      till this day i still dont understand why hyundai failed in malaysia but i do believe that korean is not a bad cars they are good as good as european cars

      Like or Dislike: Thumb up 0 Thumb down 0
  • Imbhotep on Dec 23, 2020 at 3:37 am

    If not mistaken, Renault offer RM20k for trade-in for any model….hyundai just offer 1/4 from the Renault provide…

    Like or Dislike: Thumb up 0 Thumb down 0
    • Smoke Myvi on Dec 23, 2020 at 3:06 pm

      Don’t forget Renault offer is only applicable to 2019 model.

      Like or Dislike: Thumb up 0 Thumb down 0
  • Kellie Moyse on Dec 30, 2021 at 2:25 am

    Where do i find this car

    Like or Dislike: Thumb up 0 Thumb down 0
 

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