Hyundai is no doubt one of the most well-established and respected car manufacturers in the world today. Over the years the experts at Hyundai have worked hard to ensure that they are offering the best to their consumers. And that goes for services related to vehicle protection as well. Through the Hyundai Assurance program, the auto manufacturer has been able to reach out to the greater population by offering services that boost consumer confidence.
When did the Assurance program come to be?
The popular Hyundai Assurance
program came into being in the dark recession days. During this time, the
program promised consumers that Hyundai would buy back their vehicles if they
happened to lose their jobs, became disabled, or even filed for bankruptcy.
This program proved to be a hit with many customers not just in the United
States but also in other parts of the world.
What are the benefits of the Hyundai Assurance program?
As stated earlier, this program aims to offer some sort of financial cushion to consumers in times of uncertainty. If you happen to own a Hyundai car and you have financial issues, you can return the car to the manufacturer and receive a refund for the money you spent on the purchase. Of course, the vehicle has to be in good condition if you are to be guaranteed a good payback package.
How does the Hyundai Assurance program work?
Also referred to as the
Hyundai Assurance buy-back program, the Assurance program has never been well
understood by many people. This includes car buyers in Langhorne and other
parts of the United States. Essentially, when you buy a new Hyundai car,
dealerships such as McCafferty Hyundai Sales will give you a projected residual
value for your car. If you have the car maintained by an authorized Hyundai
dealer like McCafferty Hyundai Sales, when you decide to trade in your car
in the future, the dealership will make a comparison between the car’s residual
value and the projected value you were given when you purchased the car. You
will receive the higher value of the two, whether it’s the actual value or the
projected value.
Why are car buyers paying attention to the program?
The Assurance program does not mean that Hyundai only makes sales through its relentless promotions. However, there is no doubt that Hyundai has gained a larger proportion of the market share due to this. Better mileage, better designs, and better reliability have all contributed to the auto manufacturer’s resurgence in the industry.
Marketing has also been an important element in this case. This is because it has been able to bring in new buyers. Many people who had dismissed Hyundai cars before are now finding them to be the most ideal option due to the Hyundai Assurance program.
Categories:
Finance
