The Hyundai Motor India Ltd has launched its new Exchange And Upgrade Scheme in order to help customers realize their dream of owning a big car. This new Hyundai Exchange And Upgrade Scheme has been conceived for the users of small compact cars and it allows one to reduce his or her monthly loan payments and yet upgrade for a bigger car. A statement issued by the Hyundai Motors India read, ‘The new scheme would allow the owners of small cars to lower their monthly car-loan payments even as they upgrade to a bigger car.’ The statement said that small car owners can bring their vehicles to any Hyundai dealership for an evaluation. The value of their small car would be registered as a down payment in order to facilitate them to own a bigger Hyundai car.

Speaking about this scheme, Arvind Saxena, the Hyundai Motor India Senior vice-president (Marketing and Sales), said, ‘We want to see people upgrade to bigger compact cars and sedans which would be more compatible with the lifestyle of our current customers.’ He then added that this Exchange And Upgrade Scheme has been specially crafted for those consumers who were so far forced to use small vehicles because of financial limitations. This new Exchange And Upgrade Scheme of the Hyundai Company was introduced in India in the first week of July and would remain operational till the month’s end. The offer is open for all cars, whereas one can upgrade to cars such as Santro, Hyundai Ilo, Accent and Verna under this scheme.