KARACHI: Hyundai has announced the Installment Plan for its hybrid models, thus making it convenient to own fuel-efficient vehicles.
New financing options are available for the Tucson Hybrid, Elantra Hybrid, and Santa Fe Hybrid.
In addition to the installment plans, Hyundai offers one year of free insurance on cash purchases of the Elantra Hybrid.
All hybrid variants also come with a 4-year/100,000 km vehicle warranty and an 8-year/160,000 km battery warranty to guarantee long-term reliability.
A hybrid vehicle in the automotive industry refers to two or more sources of power being combined.
The common elements are normally a gasoline or diesel internal combustion engine and an electric motor, and a battery. Both put together make it powerful.
The combination provides better fuel economy and lower emissions than conventional fuel-only vehicles.
In many markets, Hyundai offers both HEV and PHEV variants of several of its models.
| Model | Price (PKR) | Down Payment | Balance Tenure (Months) | Monthly Installment (with Admin) |
| Santa Fe Signature AWD | 14,295,000 | 45% | 24 | 348,427 |
| Santa Fe Signature AWD | 14,295,000 | 45% | 18 | 453,458 |
| Santa Fe Signature AWD | 14,295,000 | 45% | 12 | 680,188 |
| Santa Fe Smart FWD | 12,850,000 | 45% | 18 | 409,306 |
| Santa Fe Smart FWD | 12,850,000 | 45% | 12 | 613,958 |
| Sonata 2.5 | 11,545,000 | 50% | 18 | 331,806 |
| Elantra Hybrid | 9,895,000 | 50% | 18 | 285,972 |
| Elantra Hybrid | 9,895,000 | 40% | 18 | 346,500 |
| Tucson Hybrid Signature AWD | 12,240,000 | 50% | 18 | 373,333 |
| Tucson Hybrid Smart FWD | 11,220,000 | 50% | 18 | 328,333 |
These are vehicles that combine a conventional gasoline engine with an electric motor to improve fuel efficiency and performance.
PHEV models have larger batteries and allow for external charging. It also provides a limited all-electric range before the gasoline engine is engaged.
The plug-in hybrid offerings of Hyundai include the Hyundai Tucson Plug-In Hybrid: This one offers an all-electric range of around 33 miles.
Hyundai Santa Fe Plug-In Hybrid: A plug-in hybrid version of its popular SUV.
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