Hyundai Taps Carfax for Certified Pre-Owned (CPO) Program
Shoppers Get No-Cost Carfax Reports with All Hyundai Certified Cars
CENTREVILLE, Va., Sept. 30 -- Hyundai Motor America today named Carfax as the official vehicle history report provider for its Certified Pre-Owned (CPO) program. Hyundai pre-owned vehicle shoppers get the assurance of a no-cost Carfax Vehicle History Report with every Hyundai CPO vehicle.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080507/CARFAXLOGO )
"Certified sales are surging and Hyundai has a great name," said Michael Ciasulli, Owner of Maxon Hyundai in Union, NJ. "We've used Carfax for years and it's proven to increase my profitability and improve my turn. Having a Carfax Vehicle History Report as part of the Hyundai CPO program makes us even better."
Starting Oct. 1, all Hyundai dealers selling CPO vehicles will be required to run a Carfax Vehicle History Report as part of the certification process. Eligible vehicles have less than 60,000 miles and are no more than 5 years old. All Hyundai CPO cars pass a 150-point inspection and are backed by an industry first 10-year, 100,000 mile powertrain warranty. In addition, these cars come with another industry first, the Carfax Buyback Guarantee.
"Hyundai's CPO sales were up 68.4 percent in the first seven months in an industry down 8.4 percent, evidence that our CPO program is attracting consumers to our brand," said Tracy Bowes, manager of assurance products, Hyundai Motor America. "Having America's Best Warranty(TM) and the security of a Carfax Vehicle History Report on our certified pre-owned vehicles is just another example of how Hyundai stands behind our quality, allowing us to grow in an extremely competitive market."
With the addition of Hyundai, thirty motor vehicle manufacturers have chosen Carfax to build consumer confidence for their Certified Pre-Owned vehicle programs.
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 780 dealerships nationwide.
About Carfax (www.carfax.com)
Millions of used car buyers and sellers each year rely on Carfax, the most trusted provider of vehicle history information. Using the unique 17-character vehicle identification number (VIN) found on vehicle dashboards and title documents, Carfax instantly generates a detailed Vehicle History Report on any used car or light truck. Carfax Vehicle History Reports(TM) provide valuable information that helps used car buyers and sellers make better decisions. For more information or to become a Carfax-subscribing dealer, visit www.carfaxonline.com.
Available Topic Expert(s): For information on the listed expert(s), click appropriate link.
Larry Gamache
Photo: http://www.newscom.com/cgi-bin/prnh/20080507/CARFAXLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com