Trade-In Value Guaranteed By Hyundai Assurance Trade-in Value Guarantee
FOUNTAIN VALLEY, Calif. April 20, 2011 -- Renewing its industry-leading focus on consumer protection, Hyundai today announced the introduction of the all-new Hyundai Assurance Trade-in Value Guarantee. The Guarantee is a direct result of Hyundai's sensitivity to consumer preferences and is made possible by the strength of Hyundai's residual values, now among the highest in the industry.
This newest addition to the Assurance suite of programs eliminates concern about depreciation by giving Hyundai owners a guaranteed value for their vehicle in months 24 through 48 of ownership. The program will be applied to all new vehicles purchased on or after May 1, 2011 at no additional cost to consumers. Because of the exceptional quality of its vehicles, Hyundai offers more car for the money now, and more money for the car later, under this guaranteed trade-in program.
All Hyundai vehicles sold in the U.S. are covered by the complimentary Hyundai Assurance program, which currently includes the 5-year/60,000-mile fully transferable new vehicle warranty, Hyundai's 10-year/100,000-mile power train warranty, five years of complimentary Roadside Assistance and now 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. Customers can trade in their qualifying vehicle towards the purchase of a new Hyundai vehicle during months 24 through 48 of ownership. At the time of trade-in, the customer's vehicle will be assessed to determine the current market value and compared to the guaranteed value. If the assessed value is higher than the guaranteed value, the customer will be able to apply that value toward the purchase of a new Hyundai vehicle. If the assessed value is less than the guaranteed value, the customer will be able to use the guaranteed value toward the purchase of a new Hyundai vehicle financed through Hyundai Credit.
At time of trade-in, the customer must show proof of vehicle maintenance at the recommended intervals through authorized Hyundai dealerships. Coverage is only applicable when the current market value of a vehicle drops below the guaranteed trade-in value of the vehicle. Lease vehicles are not covered by the Trade-in Value Guarantee.
For a full list of eligibility requirements, please visit: www.Hyundai.com.
HYUNDAI MOTOR AMERICA
Hyundai Motor America, headquartered in Fountain Valley, Calif., is a subsidiary of Hyundai Motor Co. of Korea. Hyundai vehicles are distributed throughout the United States by Hyundai Motor America and are sold and serviced through more than 800 dealerships nationwide. All Hyundai vehicles sold in the U.S. are covered by the Hyundai Assurance program, which includes the 5-year/60,000-mile fully transferable new vehicle warranty, Hyundai's 10-year/100,000-mile power train warranty, 5-years of complimentary Roadside Assistance and the Hyundai Trade-in Value Guarantee.
Get complete specifications on these vehicles:
- 2011 Hyundai Veracruz Limited AWD
- 2011 Hyundai Veracruz Limited
- 2011 Hyundai Veracruz GLS AWD
- 2011 Hyundai Veracruz GLS
- 2011 Hyundai Tucson Limited Auto FWD PZEV
- 2011 Hyundai Tucson Limited Auto FWD
- 2011 Hyundai Tucson Limited Auto AWD PZEV
- 2011 Hyundai Tucson Limited Auto AWD
- 2011 Hyundai Tucson GLS Auto FWD PZEV
- 2011 Hyundai Tucson GLS Auto FWD
- 2011 Hyundai Tucson GLS Auto AWD PZEV
- 2011 Hyundai Tucson GLS Auto AWD
- 2011 Hyundai Tucson GL Manual FWD
- 2011 Hyundai Tucson GL Auto FWD
- 2011 Hyundai Sonata SE Auto TGDI
- 2011 Hyundai Sonata SE Auto
- 2011 Hyundai Sonata Limited Auto TGDI
- 2011 Hyundai Sonata Limited Auto PZEV
- 2011 Hyundai Sonata Limited Auto
- 2011 Hyundai Sonata Hybrid
- 2011 Hyundai Sonata GLS Manual
- 2011 Hyundai Sonata GLS Auto PZEV
- 2011 Hyundai Sonata GLS Auto
- 2011 Hyundai Santa Fe SE 3.5 Auto FWD
- 2011 Hyundai Santa Fe SE 3.5 Auto AWD
- 2011 Hyundai Elantra Touring GLS Automatic
- 2011 Hyundai Elantra Limited
- 2011 Hyundai Elantra GLS M/T
- 2011 Hyundai Elantra GLS A/T
- 2011 Hyundai Azera Limited
- 2011 Hyundai Azera GLS
- 2011 Hyundai Accent SE 3-Door
- 2011 Hyundai Accent GS 3-Door
- 2011 Hyundai Accent GLS 4-Door
- 2011 Hyundai Accent GL 3-Door
- 2011 Hyundai Santa Fe Limited 3.5 Auto FWD
- 2011 Hyundai Santa Fe Limited 3.5 Auto AWD
- 2011 Hyundai Santa Fe Limited 2.4 Auto FWD
- 2011 Hyundai Santa Fe GLS 3.5 Auto FWD
- 2011 Hyundai Santa Fe GLS 3.5 Auto AWD
- 2011 Hyundai Santa Fe GLS 2.4 Manual FWD
- 2011 Hyundai Santa Fe GLS 2.4 Auto FWD
- 2011 Hyundai Santa Fe GLS 2.4 Auto AWD
- 2011 Hyundai Genesis Coupe 3.8 Track Manual
- 2011 Hyundai Genesis Coupe 3.8 Track Auto
- 2011 Hyundai Genesis Coupe 3.8 R-Spec Manual
- 2011 Hyundai Genesis Coupe 3.8 Grand Touring Auto
- 2011 Hyundai Genesis Coupe 2.0T R-Spec Manual
- 2011 Hyundai Genesis Coupe 2.0T Premium Auto
- 2011 Hyundai Genesis Coupe 2.0T Manual
- 2011 Hyundai Genesis Coupe 2.0T Auto
- 2011 Hyundai Genesis 4.6L
- 2011 Hyundai Genesis 3.8L
- 2011 Hyundai Equus Ultimate
- 2011 Hyundai Equus Signature
- 2011 Hyundai Elantra Touring SE Manual
- 2011 Hyundai Elantra Touring SE Automatic
- 2011 Hyundai Elantra Touring GLS Manual
Complete specifications on these and other vehicles are available at the New Car Buyers Guide!

