Program Overview
Know your car's future trade-in value, today.
Purchasing a new vehicle is one of life's big events. You want to know everything you can about the true value of your options. But at the time of purchase, how can you know the future trade-in value of the vehicle you are considering?
Introducing the Hyundai Assurance Trade-In Value Guarantee. A program that future-proofs the value of your new Hyundai by guaranteeing today exactly how much it will be worth, two, three, or four years from now. Hyundai: Impressive value today. Guaranteed value down the road.
How the Hyundai Trade-in Value Guarantee works:
At the time of purchase, customers will be provided with an assessment of the vehicle's future value for months 24 through 48, based on an independent source. This is the guaranteed value.
When customers return to purchase a new Hyundai during months 24 through 48 of ownership, they can trade-in their qualifying vehicle towards the purchase of a new Hyundai vehicle.
At the time of trade-in, the customer's vehicle will be assessed to determine the current market value. This current market value will then be compared to the guaranteed value.
- If the vehicle is worth less than what we guaranteed, the customer will receive the higher guaranteed trade-in value amount, less any applicable mileage charges or damage costs.
- If the vehicle is worth more than what we guaranteed, the customer will receive the higher amount. Win-Win.
The higher of either the guaranteed value or the current market
value can be applied to the purchase of a new Hyundai. The guaranteed
value must be applied towards the purchase of a new Hyundai financed
through Hyundai Motor Finance (HMF) and only when a customer shows proof
of all required vehicle maintenance at authorized Hyundai dealerships.
Hyundai Trade-In Guarantee Percentage to Be Applied to MSRP 2011 Model Year Values |
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|
|
24-30 Month Guaranteed Resale Value Percentage |
31-36 Month Guaranteed Resale Value Percentage |
37-42 Month Guaranteed Resale Value Percentage |
43-48 Month Guaranteed Resale Value Percentage |
|
Accent |
50.0% |
46.0% |
41.0% |
37.0% |
|
Azera |
50.0% |
46.0% |
41.0% |
37.0% |
|
Elantra |
61.0% |
58.0% |
52.0% |
49.0% |
|
Elantra Touring |
56.0% |
52.0% |
48.0% |
44.0% |
|
Equus |
57.0% |
54.0% |
50.0% |
47.0% |
|
Genesis |
54.0% |
50.0% |
46.0% |
43.0% |
|
Genesis Coupe |
57.0% |
54.0% |
50.0% |
46.0% |
|
Santa Fe |
57.0% |
54.0% |
50.0% |
47.0% |
|
Sonata |
57.0% |
54.0% |
50.0% |
47.0% |
|
Tucson |
57.0% |
54.0% |
50.0% |
47.0% |
|
Veracruz |
57.0% |
54.0% |
50.0% |
47.0% |
Program applies to new vehicle purchases, lease vehicles do not qualify for the benefit. Terms and conditions subject to change.
Guaranteed Trade-In Value of qualifying vehicle based on independent source. Consumer will get the higher of the Guaranteed Trade-In Value, less mileage charges and damage costs, or market value which will be assessed at time of trade in. Market value based on the highest of: NADA Yellow Book, Kelly Blue Book, Manheim Auction Value or dealer appraisal. Applicable to all new Hyundai vehicles purchased on or after May 1, 2011. Must show proof of vehicle maintenance through an authorized Hyundai dealer at time of trade in. Customer must pay mileage fee of $0.20 per mile over 15,000 miles per year. Customer responsible for all damage to vehicle. Not available on leased vehicles. Valid only during months 24-48 of ownership. Trade-in value dollar amount must be applied toward a new Hyundai vehicle and must be financed through Hyundai Motor Finance (HMF). See www.hyundai.com or your Hyundai dealer for full details.