Hyundai-Sime Darby Motors launches Smart Lease programme for Grand Starex, fr. RM2,800 for 5-yr plan

Hyundai-Sime Darby Motors launches Smart Lease programme for Grand Starex, fr. RM2,800 for 5-yr plan

Hyundai-Sime Darby Motors (HSDM) has launched a Smart Lease programme for the Hyundai Grand Starex. The programme, which is being run in partnership with Sime Darby Rent A Car (SDRAC), offers corporations, businesses as well as individuals the chance to utilise the MPV via an attractive three- to five-year leasing plan.

What the leasing programme does is offer customers the ownership experience of a new vehicle without the hassle of going through a loan application or having to spend on long-term maintenance and annual road tax/insurance, because the lease rental covers these soft costs. It also takes away the worry about resale value or the headache of disposing a vehicle.

Customers only need to pay the agreed fixed monthly payment, a two-month deposit and a booking fee of RM500 upon signing of the lease agreement. As for variant choices, the programme offers all four variants of the 11-seater MPV available here, namely the Standard Corporate, Executive Plus, Executive Plus SE (with bodykit) and the Executive Prime.

The monthly payment for the Standard Corporate variant is as low as RM2,800 for a five-year leasing programme with mileage capped at 15,000 km per annum, and the plan also includes a car replacement benefit of three days, should that need arise. Customers can choose to extend the mileage cap up to 30,000 km per annum or 40,000 km per annum with a monthly repayment of RM3,250 and RM3,550 respectively.

When the lease agreement expires, customers can opt to renew the lease programme with a brand-new unit. The company says that the Hyundai Smart Lease Programme offers significant cost savings of approximately RM17,000 for a five-year ownership.

“We have tailored the programme to fit the business vehicle needs of companies. The Smart Lease programme will provide greater flexibility without the hassle and burden of hefty upfront payments and other costs,” said HSDM MD Low Yuan Lung. Find out more about the programme or register your interest via the HDSM website.

GALLERY: 2021 Hyundai Grand Starex Executive Plus SE

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Anthony Lim

Anthony Lim believes that nothing is better than a good smoke and a car with character, with good handling aspects being top of the prize heap. Having spent more than a decade and a half with an English tabloid daily never being able to grasp the meaning of brevity or being succinct, he wags his tail furiously at the idea of waffling - in greater detail - about cars and all their intrinsic peculiarities here.

 

Comments

  • Adamos on Aug 19, 2021 at 6:46 pm

    Leasing cars in Malaysia makes no sense at all.

    Like or Dislike: Thumb up 2 Thumb down 1
  • 2800x12x5years = RM168k…basically it is almost the same as paying full amount but not belongs to u 5 years later eventually…what’s the point?

    Like or Dislike: Thumb up 3 Thumb down 0
    • Jeremy on Aug 20, 2021 at 12:08 pm

      For a car brand that has super low RV and no 2nd hand buyers, this might work for those wanting to try out korean cars.

      Like or Dislike: Thumb up 1 Thumb down 0
  • Minamah on Aug 20, 2021 at 3:19 am

    E’eleh, buat lease program, mcm la Starex ni full-spec. AEB pun xde. ACC jauh skali. Market lain complete semua. Lg satu, bila nk jual latest Starex d M’sia?

    Like or Dislike: Thumb up 0 Thumb down 0
  • zamer on Aug 20, 2021 at 8:06 am

    Not sure if this called smart.

    2.8k x 60mths = 168K.
    Brand new car is about 150k

    Buy – u pay road tax & maintenance but u own the car at the end of loan tenure. Still hold value if you are selling it. U can in fact use it forever or rent it out.

    Lease – 168k nicely gone out of your pocket after 5 yrs. Sime Darby benefit this as you help to pay them for the car. They would further resell and get money out of it.

    Conclusion: Be Smarter than them. BUY

    Like or Dislike: Thumb up 10 Thumb down 0
 

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