Hyundai Car Finance: Hyundai Capital UK (Hyundai Finance) | www.hyundaifinance.co.uk

Hyundai Car Finance

Last Update: September 7th, 2016

Hyundai’s formation in South Korea occurred in 1967. The founder was Chung Ju-yung who helped to guide this automotive brand on the pathway to become the market leader in their home country. The Hyundai Motor Group was created more recently when they took on their local competitor Kia. This had been a successful brand, but they were rocked during the Asian financial crisis and headed into bankruptcy. This larger company took on a 51% stake, although this share has dropped to a little over 30% today (they are still the largest shareholder). The common trend seen in Asian motoring came in late 2015 when they crafted a luxury rebadged design in the Genesis.

Over 2015 they sold 4,964,837 units whilst their fellow brand Kia also had a good year notching up 2,916,118 sales. With almost 8 million registrations between them, this combo marks the Group as the 5th largest on the worldwide stage. To run through the new cars showcased at www.hyundai.co.uk, we begin with the I10 (from just £7995). This follows with I20 (£9995), I30 (£12,995), I20 Coupe (£13,025), Ix20 (£14,145), I20 Active (£15,225), I30 Tourer (£15,495), Tucson (£18,995), I40 Saloon (£19,695) and the I40 Tourer surpasses the £20k mark at £20,945. The other models include I800 (£24,845), Santa Fe (£31,850) and finally the Genesis is also featured on the site that jumps up to £50,705.

The British public have taken the most to their very cheapest offering in the I10. This stylish city car has a similar look of the Toyota Yaris. Hyundai finance (plus that of Kia) is provided by Hyundai Capital UK. This is a joint partnership with Santander Consumer that launched in 2012. Capital had started out in their home country in 1993. Credit can be applied for through any of their 320 dealerships across the UK. A higher share of these actually belong to Kia at 170. Collectively, the customer base sits close to 120,000. The www.hyundaicapital.co.uk website essentially acts as a gateway to Kia’s and also www.hyundaifinance.co.uk that we are addressing here.

There is no Hyundai Capital login, but you can manage your account by filling in forms or by making payments (to pay you are taken away to a secure page on Santander Consumer). The 2 plans offered are simply named Conditional Sale and Personal Contract Purchase. With CS, the term span is 12 to 60 months and PCP is 24 to 48 months. There are 0% Hyundai offers specifically on their CS plan. The limitation being 50% deposits. The PCP offers came in at 6.9% usually with contributions up to £1500. We did spot a 0% PCP deal on the Tucson, but with a 2 year term. Finally, the contact times during the week are 8am/6.30pm and Saturday is 9am/1.30pm.

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