Hyundai Motor’s Tucson, Equus and Genesis Honored
in Inaugural True Car Pre-owned Value Awards
- Tucson, Equus and Genesis won in compact utility, premium executive and premium full-size categories, respectively, for holding their value better than competing vehicles.
April 28, 2016 – Hyundai Motor’s Tucson, Equus and Genesis were named winners in the inaugural TrueCar Pre-Owned Value Awards. This new award, which is powered by ALG, TrueCar’s analytics division and the benchmark for future vehicle values, identifies used vehicles that represent excellent value for consumers based on future resale value.
Tucson, Equus and Genesis won in compact utility, premium executive and premium full-size categories, respectively, for holding their value better than competing vehicles.
“Each of the three ranked Hyundai vehicles provides a unique value proposition for consumers in its respective segment,” said Jim Nguyen, TrueCar EVP and general manager of ALG. “The Hyundai Tucson led the charge during Hyundai's recent surge in popularity here in the U.S. market. Dynamic styling and a well-appointed list of features have led to sustained demand for the Tucson among used car shoppers in the red hot compact utility segment.”
Hyundai CPO vehicles earned the top honor for being backed up with a manufacturer’s warranty. In addition to the striking design, safety, technology and uncompromised workmanship found in all Hyundai vehicles, a Hyundai CPO vehicle comes fully equipped with a suite of benefits Hyundai values at more than $2,000.1
Hyundai’s CPO program includes vehicles up to five years old and with 60,000 or fewer miles. Its CPO program also includes a warranty for the remainder of the original five-year/60,000-mile bumper-to-bumper warranty and 10-year/100,000-mile powertrain warranty. Furthermore, owners have access to 10 years/unlimited miles for roadside assistance, $50 deductible for warranty repairs, and rental car and travel interruption reimbursement for covered repairs. In addition, owners can transfer the vehicle to a private-party buyer and, as an added bonus, get a three-month subscription to Sirius/XM satellite radio and a complimentary CARFAX Vehicle History Report™.
“Our certified pre-owned program offers significant value and additional protection for customers," said Derrick Hatami, Vice President of National Sales for Hyundai Motor America. "Earning third-party accolades from TrueCar and other industry analysts reinforces the strength of our CPO program and the quality of our vehicles."
The 2016 TrueCar Pre-Owned Value Awards recognize pre-owned 2014 model-year vehicles across 27 segments available for resale in 2016 that are expected to retain the highest percent of their value over the next three years. Award winners are determined through careful analysis of used vehicle performance, brand outlook and product competitiveness. To account for differences across trim levels, model averages are weighted based on percentage share relative to the entire model line.
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 830 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 limited warranty, Hyundai’s 10-year/100,000-mile powertrain limited warranty and five years of complimentary Roadside Assistance. Hyundai Blue Link Connected Care provides owners of Hyundai models equipped with the Blue Link telematics system with proactive safety and car care services complimentary for one year with enrollment. These services include Automatic Collision Notification, Enhanced Roadside Assistance, Vehicle Diagnostic Alert, Monthly Vehicle Health Report and In-Vehicle Service Scheduling.
About Hyundai Motor
Established in 1967, Hyundai Motor Company is committed to becoming a lifetime partner in automobiles and beyond. The company leads the Hyundai Motor Group, an innovative business structure capable of circulating resources from molten iron to finished cars. Hyundai Motor has eight manufacturing bases and seven design & technical centers worldwide and in 2015 sold 4.96 million vehicles globally. With more than 110,000 employees worldwide, Hyundai Motor continues to enhance its product line-up with localized models and strives to strengthen its leadership in clean technology, starting with the world’s first mass-produced hydrogen-powered vehicle, ix35 Fuel Cell and IONIQ, the world’s first model with three electrified powertrains in a single body type.
More information about Hyundai Motor and its products can be found at:
http://worldwide.hyundai.com or http://globalpr.hyundai.com/
Global PR Team
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