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Hyundai Assurance Trade-in Value Guarantee

 
                                                                   




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.




LEGAL

Program applies to new vehicle purchases. Lease vehicles do not qualify for the benefit. Terms and conditions subject to change




Frequently Asked Questions:

 

How much does the Trade-In Value Guarantee cost?

     The Hyundai Trade-In Value Guarantee is provided to you at no cost.

What is the guaranteed trade-in value?

     Your guaranteed trade in value is the minimum amount you will receive for your qualified Hyundai     

     when presented to a participating Hyundai dealership as a trade in on the purchase of a new

     Hyundai  vehicle.

When can I trade in my vehicle and exercise the Trade-In Value Guarantee?

      You may trade in your vehicle and exercise the Trade-In Value Guarantee if your purchased vehicle is   

      traded in more than 24 months and prior to the 49th month after  the Guarantee effective date.

Will my Trade-In Value Guarantee ever be reduced?

      Yes, it will be reduced for excessive wear and use based on Hyundai Motor America's standards for    

      normal use and for mileage in excess of 15,000 miles per year.

What happens if I drive more than 15,000 miles per year?

     Your Trade-In Value Guarantee will be reduced by 20 cents per mile for each mile over 15,000 miles   

     per year for the time between the effective date of your guarantee and the trade-in date.

Who is the Administrator?

      Interstate National Dealer Services is the administrator and may be reached at 1-888-661-9410 or by   

      mail at:

      Interstate National Dealer Services

      6120 Powers Ferry Road NW

      Suite 200

      Atlanta, GA 30339

Can I buy a Hyundai from any Hyundai Dealership and receive Trade-In Value Guarantee?

     You may purchase a new Hyundai vehicle from any Hyundai Dealership, but must trade-in your    

     purchased vehicle at a Participating Hyundai Dealership.

     A participating dealership is one that has not opted out of the program through which this guarantee

     is provided.

Do I have to buy a new vehicle to receive the Trade-In Value Guarantee amount on my vehicle?

      Yes, the vehicle that is covered by the Guarantee must be purchased by a participating dealership in   

      conjunction with your purchase of a new Hyundai vehicle.

 Do I have to trade in my Hyundai at the same dealership from which I purchased it?

      No, you may trade it in at any participating dealership.

   

Do I have to follow a regular maintenance schedule on my Hyundai in order to qualify for this guarantee?

      Yes, you must provide proof that you have performed all scheduled maintenance at any Hyundai   

      dealership prior to your trade-in date.

 Do I need to provide proof of ownership when I trade in my vehicle?

     Yes, you must provide proof of your ownership of the purchased vehicle on the trade-in date.

    

What happens if my vehicle is worth more than the Trade-In Value Guarantee when I go to trade it in?

     You will receive the value of your vehicle as appraised by the Hyundai Dealership.

Do I have to finance my vehicle through Hyundai Credit America when I trade in my purchased Hyundai  vehicle?

     Yes, on your trade-in transaction, you must finance that purchase through Hyundai Credit America.

Is this guarantee transferrable?

      No, you may not assign or transfer this Guarantee at any time. No other person has any rights under   

      this Guarantee.

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