Hyundai Motor Company offers truck owners daily compensation of 150,000 won, up to 5 million won a year, and one-stop support for used truck sales

[Financial News] Hyundai Motor Company said on the 1st that it has introduced new support measures for customers who use trucks as a business tool.
The most notable program is the "Large Truck Business Care" service. It covers losses incurred when a vehicle cannot be operated due to an accident or warranty repairs, and applies to all large truck models, including the Xcient and Hyundai New Power Truck.
Eligible customers are those who purchased a vehicle through Hyundai Commercial's standard installment plan. They can receive 150,000 won per day of downtime, up to 5 million won a year.
The second measure is a "trade-in" program designed to ease the burden of replacing a vehicle. Hyundai Motor Company has joined forces with its affiliate Hyundai Commercial to connect the process of selling an old truck and buying a new one into a single service.
Through the commercial vehicle used-car trading app operated by Hyundai Commercial, a partner logistics company will visit customers free of charge to inspect the vehicle and guarantee a quote. Customers who sell their truck this way and then buy a new one can also receive low-interest financing support. Hyundai Motor Company said it plans to expand partnerships with other used-car trading platforms in the future.
A Hyundai Motor Company official said, "Because trucks are business assets for commercial vehicle customers, we prepared this program to reduce the burden when a vehicle stops and help them continue their business stably." The official added, "We will continue to roll out customer support measures that can lower total cost of ownership and strengthen business competitiveness."
[email protected] Kim Dong-chan Reporter