Magna Motors Dealership Limited, the exclusive Hyundai dealers of Jamaica, has partnered with National Commercial Bank (NCB) to offer a groundbreaking 6% loan deal on all 2016 Hyundai models, whereby Magna Motors is facilitating this reduced interest rate for the first year of the loan.
The announcement comes after Magna Motors recently rolled out its newest line of cars and commenced sales in the Jamaican market. The All-new Hyundai Tucson, the Grand i10 Sedan, Grand i10 Hatchback, Accent, Santa Fe, Veloster, Elantra, and the H-1 are the models being highlighted, with the Creta to join the lineup in the comi
“We are elated to have NCB on board to offer this incredibly low interest rate to our customers,” said Carlos Geourzoung, Sales Manager, Magna Motors Dealership Limited. “Hyundai embodies luxury, comfort and affordability across their markets globally, and we are proud to match these standards in Jamaica. By combining a specially discounted interest rate we are making our award-winning vehicles more accessible. We have created a unique package to pull customers to our brand and our excellent customer and service care packages.”
Mrs. Audrey Tugwell Henry, Senior General Manager, Retail Banking Division, NCB expressed confidence in the Magna loan offer, noting that it is a perfect fit to enable customers to upgrade for the New Year. “The key selling points make this offer a remarkable one - an attractive interest rate, plus flexible payment terms, and two payment holidays per year,” she said, adding that following the first year’s interest rate of 6%, NCB’s variable interest rate which is currently at 8.99% will apply.
Geourzoung revealed that an NCB station has been installed at Magna Motors’ 22-24 Balmoral Avenue location to aid in the loan application process. “We want to simplify the process, and having the Bank’s presence inside our office will bring the convenience directly to our customers, from the moment they come through our doors to select their new Hyundai.”
