Three Hyundai Models Take Home TrueCar Pre-Owned Value Awards
The 2014 Hyundai 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.
The 2014 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.