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. As effective of January 4, 2012, the following premium vehicles are applicable for the current Trade-In Guarantee Value - Genesis, Genesis Coupe and Equus vehicles.
Legal
Program applies to new vehicle purchase. Lease vehicles do not qualify for the benefit. Terms and conditions subject to change.
This Program is not to be considered a guaranteed “trade-in” value or range of guaranteed “trade-in” values as defined by the State of Texas.
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