Hyundai Now Guarantees the Value
of Your Trade-In
Hyundai has announced its new Assurance Trade-in Value Guarantee, which guarantees future trade-in values on new car purchases.
This program gives Hyundai buyers a solid number to determine what their car will be worth two to four years down the line as a trade-in.
The trade-in value is calculated using the industry-standard Automotive Lease Guide.
This new initiative goes into affect on all Hyundai models starting in May.
Hyundai is quick to point out that the residual value for its models is already among the highest in the industry, and that this new program offers one of the benefits of leasing, but with all the benefits of owning.
To qualify, the vehicle must be purchased at an authorized Hyundai dealership and then traded in within 24 to 48 months on a new Hyundai vehicle.
My Recommendation for Car Shoppers
TrueCar No-Haggle, Edmunds Price Promise, and 1-800 Car Show are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.California Residents - Important:
There is a new online car buying service called Roadster, available only to California residents, which I highly recommend you try - especially if you hate the stress of haggling with a car salesman. They provide an expert concierge who negotiates the price of the car and delivers it to your home with zero hassle - you never have to interact with a dealership. Here is my in-depth review of Roadster and why I recommend it.- Gregg Fidan
About: Gregg Fidan
Gregg Fidan + is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.
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