Hyundai Earns Top Honors for Third Consecutive Year
COSTA MESA, Calif., Nov. 12, 2013 – Hyundai, the automaker offering car buyers “America’s Best Warranty” for 15 years, now offers consumers “America’s Best Certified Pre-Owned Program” as well. For the third-consecutive year, Hyundai has earned the title of “Best Popular Brand” by IntelliChoice in its annual Certified Pre-Owned Car Awards. The three-year winning streak lends validity to the claim as the best in the industry.
Hyundai’s 10-year, 100,000-mile warranty, commitment to industry-leading quality and expanding lineup catapulted sales to more than 700,000 units last year. This combination provides a rich source of high-quality pre-owned inventory that enables dealers to offer outstanding CPO vehicles. Dealers benefit by capturing another revenue stream and buyers benefit from the option to buy a well-maintained Hyundai model that retains its original 10-year, 100,000-mile warranty package at a great price.
“New car buyers know that Hyundai offers the best overall value in the industry with a tremendous quality lineup and ‘America’s Best Warranty’ which has now translated to leadership in the pre-owned market for three consecutive years,” said Dave Zuchowski, executive vice president, Sales, Hyundai Motor America. “At Hyundai, we make every effort to ensure our vehicles surpass customer expectations and this philosophy extends to pre-owned models. This award is proof that our customers shop with confidence knowing we offer the most competitive warranty and Certified Pre-Owned program in the industry.”
“Hyundai’s Certified Pre-Owned program offers consumers an unsurpassed comprehensive program consisting of an excellent warranty, 100% inspection score, thorough dealer compliance and strong financing incentives,” said Eric Anderson, Ownership Database Supervisor, IntelliChoice. “Hyundai’s strength in these areas helped them earn the top ranking for Popular Brand Certified Pre-Owned program for the third straight year. Hyundai has also had a 70% increase of certified sales over that time.”
Hyundai’s enhanced Certified Pre-Owned vehicle program provides buyers with:
IntelliChoice, part of the Motor Trend Automotive Group, is the market leader in automotive ownership cost and car value analysis. IntelliChoice provides consumers with information and tools to make better purchase decisions.
IntelliChoice evaluates manufacturer Certified Pre-Owned programs within two categories: Premium and Popular. Each program is assessed by the following criteria: warranty, inspection list, title verification report, special financing, roadside assistance, return and exchange provisions, compliance system, used cost of ownership and market penetration. Each area is weighted based on consumer preference and overall consumer benefits. The overall rankings are then determined by adding the scores of each of the certified areas.
For more information on Hyundai’s Certified Pre-Owned program, visit: www.HyundaiCertified.com
HYUNDAI MOTOR AMERICA
Hyundai Motor America, headquartered in Costa Mesa, 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 820 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.
For more details on Hyundai Assurance, please visit www.HyundaiAssurance.com