Hyundai Motors is one of the leaders in the manufacture of cars in India. It is also one of the top 7 exporters of the world with 7 with 346 Hyundai dealers in India with 800 service points. Hyundai cars and motorbikes are also state-of-the-art vehicles; several prizes and awards every year confirm their superior qualities. The company was founded on December 29, 1967, and is headquartered in Seoul, South Korea. It operates through the following business areas: Vehicle, Financial, and Others. If you’re interested in investing in the Hyundai Dealership Business Opportunity in India then keep on reading this post ahead. Here we will discuss all the details related to Hyundai Motor India Dealer Cost, Profit Share, Requirements, and How to Apply. Stay tuned for more details.
Hyundai Motor India Dealer Cost in India
Let us tell you that the Hyundai Vehicle division offers various motor vehicles in India. The Financial division provides financing, leasing, and credit cards. Other division includes the manufacture of railways. In 2013, Hyundai Elantra Won the ‘Best Design and Styling’ Award at ‘Bloomberg UTV Auto Car India 2013’, ‘Saloon Car of the Year’ Award at ‘Bloomberg UTV Auto Car India 2013’, ‘Car of the Year Award at ‘Car India & Bike India Awards’. It operates through the following business areas: Vehicle, Financial, and Others.
Now Hyundai Motor India is distributing the dealership to eligible people to start their business. Hyundai Motor India Dealer is one of the most profitable businesses in the automobile sector and sold 6,02,111 units in 2023 (recorded sales to date). Through this article, we will be discussing the process of applying for a Hyundai Motor Dealership in India including the Investment Cost and Profit Margin.
Procedure for Hyundai Dealership 2024 Apply Online
If you wish to apply for the Hyundai Dealership 2924 in India please find the steps below;
- As a first step please visit the official website of Hyundai Motor Dealer India or directly click the link here => https://hyundaidealerindia.com/
- On the web homepage, scroll down and read the complete Guide to Applying for a Hyundai Motor Dealership.
- Then click on the icon “Apply Online” in the upper section menu.
- Once you click on the link next page you need to fill in “Become a Dealer Application Form”.
- Now you have to fill in all the asked details i.e. Name, City, Previous business experience, and other details.
- After filling out the application form, click on the “Submit” button below.
- Before Applying for any Dealership you need to make sure there is no present dealer in the desired location.
- Once the Team finds the Application promising the Company, the Area Manager will call you to take it the discussions forward.
Hyundai Dealership Space Required & Investment
| Company Name | Hyundai |
| Headquarters | Gurugram |
| Space Required |
|
| Dealership fees | Rs 10 lakhs |
| License | Rs 50,000 |
| Infrastructure (Building construction, workshop shed, tools & Equipment, electrical, water & pipe fitting) | INR 85 lakhs approximately |
| Corporate identity | 5 lakhs |
| Working Capital | 1.5 crore |
| Investment for Stock | 1.5 to 2 crore |
| Other Investment expenses include Advertisement, Human Resource Management, Spare Parts | 30 lakhs |
| Total Investment | INR 5 to 7 crore |
Profit Margin of Hyundai Moter Dealership Business
Hyundai company manufactures many different types of 4-wheelers like cars, sedans, SUVs, KUVs etc. Including petrol and electricity as well as spare parts and merchandise. They Provide the best Service to their customers and dealers.
- Average Profit Margin => 3% -4% (Vehicle type Sedan, SUV).
- Net Profit on Spare Parts => 20% -25% on MRP
Eligibility Criteria and Documents Required for Hyundai Dealership:
- Previous Experience in the Automobile business.
- GST Registration Certificate.
- NOC for Unit or Shop.
- Dealership Agreement.
- Trade License.
- Trade Certificate.
- EPF and ESIC Registration.
- Shop Address Proof and Photographs.
Advantages of Getting Hyundai Dealership in 2024
- One of the main benefits of Applying for Hyundai Dealership is the brand name. The brand value the company has created since 1996 has developed deep trust among its customers by providing the best quality, affordable price, and top-class services to its customers.
- The Company provides a wide variety of car models which include Hyundai Santro, Hyundai ii0, Hyundai Grand i10, Hyundai i20, Hyundai 4S Fluidic Verna, Hyundai Elantra, and a few others. Although the quality and comfort differ it also provides a dealer with a good number of options which thereby increases Sales.
- Hyundai today is the second most purchased brand for Cars in India. The company keeps on building the trust of its customers It is on these very principles that the brand has survived so far and made a huge success in Indian markets where a majority of people belong to the middle or lower classes.
- The company also provides operational and spare parts support to the four-wheelers offered for sale at the respective Hyundai dealerships. Training will be provided to workshop technical staff and non-technical staff and sales team on product features & benefits, customer handling, and sales process.
- The Company also focuses on Corporate Social Responsibility known as CRS activities which shows its intention towards betterment of the society gives a fair public image and builds more trust with the customers.
Hyundai Car Dealership Inquiry Contact Details
- CORPORATE OFFICE – Hyundai Motor India Limited
- Address: Plot C-11, City Center, Sector – 29, Gurugram, Haryana, 122001
- Email ID: [email protected]
- Officail Site: www.hyundaidealerindia.com
- Toll-Free Number: 1800 11 4645
NOTE: Hyundai requires dealers to have a successful track record for at least two years before then only they will consider the dealership for a partnership with Hyundai. To open your dealership you must comply with your state, county, and city’s regulations regarding car dealerships. You should also have passion and professionalism if you want to be a successful Hyundai Dealer in your region.
