Hyundai i20 promotion, why it is convenient and why not

The state eco-incentives with scrapping are exhausted, but the Hyundai i20 continues to be on promotion in November, thanks to the so-called Hyundai Maxi Scrap.

In practice, a vehicle registered by 31/12/2011 must be scrapped, in order to obtain an initial discount of about 2,550 euros and a loan with an advance, mini-installments and maxi-final installments, at a rather low rate and with the inclusion of some services.

Let’s see the amounts: for a Hyundai i20 Connectline, equipped with the mild hybrid 48V 1.0 TGDI from 100 HP, worth 20,400 euros, you can start from an initial discounted price list of 17,850 euros. By paying an advance of € 6,850, the subsequent monthly installments amount to 128,89 euro (TAN 2.95%, APR 4.78%), with the addition of € 3 for collection costs.

At the end, the maxi installment is equal to 8,976 euros, with the usual options of replacement, return or redemption.

These amounts also include a complete insurance policy, calculated for the province of Florence, with theft and fire coverage, vandalism, natural and socio-political events, glass; in addition, ancillary warranties, vehicle assistance and three years of new value.

Benefits

For the Hyundai i20, you can count on an interesting initial discount: the car costs 17,850 euros, and with a lower than average TAN, the monthly installments of about 129 euros also include specific insurance. Browsing the Hyundai website, then, you can find other benefits, even through online booking, not to mention the 5-year warranty.

Disadvantages

The scrapping of a ten-year car is necessary to activate the offer, and therefore the € 6,850 must be paid in full. It is a good idea to carefully calculate the additional financial charges to be paid, such as the monthly collection costs, and any optionals that may be present in the cars on offer.

In summary

Model (example)

Hyundai i20 Connectline 48V 1.0 TGDI 100 CV iMT + EXT pack

Promotion

Hyundai Maxi Scrap, Hyundai i-Plus

Expiration

November 30, 2021

List

20.400 euro

Discounted price list

17.850 euro

Additional services

Theft / fire policy with vandalism, natural and socio-political events, glass, ancillary guarantees, vehicle assistance and 36 months of new value; duration 36 months, calculated on the province of Florence

Advance

6.850 euro

Rate

36 monthly installments of 128.89 euros, 3 euros of monthly collection costs

TAN

2,95%

TAEG

4,78%

Maxi rata finale (VFG)

8.976 euro

Mileage limit

Not indicated

Limitations and conditions

Offer valid in case of scrapping of used vehicle registered by 31/12/2011


Source: Motor1.com Italia – News by it.motor1.com.

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