Hyundai Sime Darby Motors launches leasing programme for Grand Starex, Appreciation Programme for frontliners

Hyundai Local News MPV News

Hyundai-Sime Darby Motors (HSDM) has launched its Hyundai Grand Starex Smart Lease Programme to offer corporations and businesses an attractive leasing programme with significant savings. The programme, which is in partnership with Sime Darby Rent A Car, is also available for individuals.

Customers who sign up for the Hyundai Grand Starex Smart Lease programme – which can be from 3 to 5 years – will enjoy the ownership experience of a new vehicle without having to worry about a loan application, and costs related to long-term maintenance, roadtax and insurance. There is also no need to consider the resale value or have the headache of disposing a vehicle.

Less outlay than a downpayment
Customers will only need to pay the agreed fixed monthly payment, a 2-month deposit and a booking fee of RM500 upon signing of the Hyundai Smart Lease Agreement. The deposit fee is lower compared to a downpayment and there is flexibility at the end of term. When the lease agreement expires, customers can opt to renew the lease programme with a new unit.

“We have tailored the programme to fit the business vehicle needs of companies. The Smart Lease programme will provide greater flexibility without the hassle and burden of hefty up-front payments and other costs,” said Low Yuan Lung, Managing Director of HSDM. He added that the cost-savings are approximately RM17,000 for a 5-year ownership term.

Customers who use the programme can choose from all four variants of the MPV – Standard Corporate, Executive Plus without bodykit, Executive Plus with bodykit, and Executive Prime. The Grand Starex can accommodate up to 11 persons and is powered by a 2.5-litre turbodiesel engine with a 5-speed automatic transmission.

The monthly payment for the Standard Corporate variant is RM2,800 for a 5-year leasing programme with mileage capped at 15,000 kms per annum. This includes a car replacement benefit of 3 days. Customers can choose to extend the mileage cap up to 30,000 kms per annum or 40,000 kms per annum with a monthly repayment of RM3,250 and RM3,550, respectively.

Showing gratitude to frontliners
Meanwhile, HSDM has a special programme to express gratitude to the healthcare workers and frontliners dealing with public health emergencies – such as fire fighters and uniformed law enforcement officers – as well as public school teachers.

Known as the Hyundai Frontliners Appreciation Programme, it is an initiative by HSDM to show its appreciation and support to frontliners who have worked tirelessly to serve the people. The programme comes with grocery vouchers, and other goodies worth RM7,900 in total. Additionally, a special rebate will make owning a new Hyundai model more affordable.

Older Hyundai models can now be covered under HSDM’s Extended Warranty programme

Vaccination does not make you immune to COVID-19 infection. You can still get infected without showing symptoms but can spread the coronavirus. Do not stop taking protective measures such as wearing a facemask, washing hands frequently and social distancing.


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