Consortia

Meet the Hyundai consortium

How about making your dream of a new car come true, with flexible, interest-free installments? Discover the Hyundai consortium here and learn how to simulate your plan to buy your vehicle.

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Hyundai Consortium: make your dream of a new car come true without paying interest

Veja como adquirir seu consórcio sem burocracia. Fonte: Hyundai.
See how to acquire your consortium without bureaucracy. Source: Hyundai.

In this post we will discuss the Hyundai consortium and how you can do it to buy your dream car.

Therefore, we will tell you more about values, fees, installments and consortium values. Furthermore, we will see how it can be very advantageous for the dealership's customers.

Follow below. Good reading!

Minimum Incomenot informed
Interest rateExempt
Deadline to payUninformed
release periodUninformed
Consortium ValueUninformed
Do you accept negatives?Uninformed
BenefitsPlanned purchase, savings, different options for terms and installments, comfort and convenience, guaranteed delivery
Consortium characteristics

How to apply for Hyundai consortium

See how to purchase your Hyundai vehicle interest-free, with convenience and guaranteed delivery.

How does the Hyundai consortium work?

Afinal, como funciona o consórcio? Fonte: Hyundai.
After all, how does the consortium work? Source: Hyundai.

Therefore, the Hyndai consortium works exactly as the name suggests, in a consortium system. Therefore, it refers to a modality where individuals or legal entities come together with a common purpose. In this case, that purpose is the purchase of a Hyundai vehicle.

Therefore, within the Hyundai website, the customer carries out a vehicle simulation and enters the consortium group by paying smaller installments until they are awarded the vehicle.

Thus, if the customer is included, the remaining amount is diluted in future installments. Remembering that contemplation can occur per bid as well.

What is the limit of the Hyundai consortium?

Regarding the Hyndai Consortium limit, the maximum amount that the customer can pay to purchase the vehicle is not stated on the official website. To know this information it is necessary to carry out the simulation.

Therefore, when carrying out a simulation on the Hyundai website, the customer must enter the amount they intend to purchase from the consortium. Therefore, using this amount, vehicle options, payment terms and installment value are presented.

Hyundai Advantages

As is already the purpose of the consortium itself, with the system it is possible for the user to make a planned purchase. In other words, in this case of the Hyundai consortium you will be planning to purchase a new vehicle from the brand and for this you will pay installments, without interest rates, scheduling the purchase of your vehicle.

Therefore, when acquiring credit, the customer does not pay an interest rate. Therefore, only administrative costs are charged, which are diluted in the consortium installments.

Furthermore, by purchasing a consortium, the customer has the possibility of choosing the model, payment term and installment amount, according to their financial budget.

Hyundai main features

Com o consórcio Hyundai é possível adquirir diversos dos veículos da marca, como o HB20 R Spec. Fonte: Hyundai.
With the Hyundai consortium it is possible to purchase several of the brand's vehicles, such as the HB20 R Spec. Source: Hyundai.

Within the Hyundai website we have access to some car options to hire the consortium and purchase the vehicle.

Therefore, see some of the models available on the website:

  • Azera;
  • Crete;
  • Elantra;
  • Grand Santa Fe;
  • HB20;
  • HB20 R Spec;
  • HB20S;
  • HB20X;
  • HR;
  • i30;
  • ix35;
  • Santa Fe;
  • Tucson.

Furthermore, an important characteristic to be mentioned is that there are 2 modes of contemplation. In other words, draw or bid.

Therefore, when drawn, the customer who is up to date with their installments will be able to guarantee their right to the vehicle. In case of bidding, it is admitted after the draw, where active customers can set bids for the contract.

Thus, upon acquiring the right to the credit covered, the customer will be able to purchase their Hyundai vehicle. To this end, the residual payment for the vehicle must be paid through a payment agreement between the buyer and the seller.

For whom the consortium is indicated

Ultimately, it is ideal for people who do not have the full amount to make the purchase. In other words, make the entire purchase at the same time.

Therefore, the consortium aims to facilitate this payment so that people with low income and less financial capacity can make their purchase without problems.

However, it was not possible to find information on whether it is favorable for negative candidates. Anyway, but how can we create this consortium? Let's see this now in the next topic.

How to form a Hyundai consortium?

The first thing that can be done is the simulation through the Hyundai website. Subsequently, the customer will have the option to schedule contact by phone or schedule a visit from a representative. 

Finally, if you are looking to purchase your new vehicle and are unable to do so in cash or are unable to obtain credit approval, Consórcio Hyundai may be the best option.

Therefore, see our recommended content on how to request yours.

How to apply for Hyundai consortium

See how to purchase your Hyundai vehicle interest-free, with convenience and guaranteed delivery.

About the author  /  Marina Poncio

Graduated in Financial Management from UNOPAR. Acted as manager of large multinational companies. He is currently dedicated to editing, planning and producing content for the web specializing in economics and finance.

Reviewed by  /  Junior Aguiar

Senior Editor

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