Hyundai is going back to it’s roots of industry-leading consumer protection, as it announces a new program called the Hyundai Assurance Trade-In Value Guarantee. The latest edition to the Hyundai Assurance program, guarantees trade-in values for months 24-48 of of ownership. The program is made possible by Hyundai’s high residual values, which are now among the best in the industry.
All Hyundai vehicles sold in America are backed by the complimentary Hyundai Assurance suite of programs which includes; a 5-year/60,000 mile fully transferable new vehicle warranty, 10-year/100,000 mile power-train warranty, five years of Roadside Assistance, and now, the Trade-In Value Guarantee.
“Hyundai Assurance is a partnership with our owners in their purchase of a vehicle,” said John Krafcik, president and CEO, Hyundai Motor America. “Depreciation is the single highest cost of car ownership. While Hyundai’s depreciation is now among the lowest in the industry, Assurance will remove many of the barriers and concerns about vehicle ownership. Through Assurance, we share in our owners’ investment, and the Trade-in Value benefit extends this partnership from the initial purchase all the way through what we hope will be the consumer’s next purchase of another Hyundai.”
Hyundai Assurance Trade-in Value Guarantee is valid for all new cars sold through participating U.S. Hyundai dealerships. The guaranteed trade-in value is determined by the Automotive Lease Guide (ALG) forecast of future value
– By: Stephen Calogera