Hyundai Motor India Ltd, India’s largest passenger car exporter and the second largest car manufacturer, today announced that the special scheme for the state and central government and PSU employees which was launched during the month of October 2008, has been extended till December 2008 looking at the huge success of the scheme. This scheme is in addition to the special schemes already prevailing for its customers.
The Government employees scheme is even more value added as the discounts offered under the special scheme which was recently announced have increased. Under the scheme, there are special pricing, attractive finance options, etc to enable the government employees to own a Hyundai car. And this is in addition to the full benefit of the reduction of 4% in Excise duty which has also been passed on to the customers.
This scheme is applicable on the entire product range of Hyundai products and there are attractive exchange and loyalty schemes as well. Government employees can avail the exchange benefits up to Rs. 20,000 on all the above cars.
Hyundai has tie-ups with State Bank of India, Axis Bank and HDFC Bank to provide with attractive finance schemes for the government employees for their vehicle purchase. The promotional activities and State Bank of India’s active participation proved vital for the scheme’s success. On the announcement of the scheme, Arvind Saxena, Sr. Vice-President for Marketing & Sales, HMIL, said: "We value the government employees and are pleased with the tremendous response that we have received from them. The scheme announced will provide the government employees with an attractive value for money proposition. We have extended the scheme so that more and more government employees can be benefited “
Government Employee Scheme (December 2008):
Model | Customer Value | Exchange / Loyalty | Total Offer |
Santro GL | Rs 24,738 | Rs 24,738 | |
Santro GLS | Rs.27,673 | Rs.7,500 | Rs 35,173 |
i10 1.2 Sportz | Rs 18,702 | Rs.7,500 | Rs 26,202 |
Getz Prime | Rs.16,280 | Rs.10,000 | Rs 26,280 |
Accent | Rs.12,200 | Rs.10,000 | Rs 22,200 |
Verna | Rs.26,660 | Rs.20,000 | Rs 46,660 |
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