Economy, Auto

SsangYong’s New Korando on Presale

SsangYong’s New Korando on Presale SsangYong’s New Korando on Presale

Ramak Khodro, the official retailer of South Korean SsangYong Motor in Iran, has announced the presale of the latest version of Korando mini-SUV, saying it would start soon.

According to the company officials, the ‘Korando Facelift Premium Plus’ is priced at 1.45 billion rials ($38,900), with the car being delivered within two months, local auto website Persian Khodro reported.

The car is priced at $19,000 in the international market.

 Buying in cash, customers will enjoy a 24% Mosharekat (partnership interest) – a Sharia-based partnership contract between the borrower and the lender – and in case the customer cancels the contract the interest rate will be decreased to 21%.

The company has also made it possible for buyers to pay a part of the car’s price in installments over a period of 12-36 months. The installment interest rate will be from 0 to 23.5% depending on the installment period.

Korando’s power comes from a 149-horsepower, 1.99-litre, 4-cylinder engine, available with a six-speed manual and CVT gearbox transmission. 

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