Blog Entry
Hyundai of Tempe Report: 2012 Elantra Earns Residual Value Award
November 29, 2011 by HyundaiDifference, under Hyundai Awards, Hyundai Elantra.
Photo: 2012 Hyundai Elantra
Most car buyers consider sticker price to be the most important number when choosing a new vehicle, but there’s another important number to consider that isn’t found on a window sticker: the resale value.
A car’s resale value is an important factor to consider when considering a new car to buy since depreciation is typically a car buyer’s primary expense during ownership.
Just days after we announced that the 2012 Hyundai Tucson received a Best Resale Value Award from kbb.com, another Hyundai of Tempe – the 2012 Elantra – has been named the best compact car in terms of depreciation.
The 2012 Hyundai Elantra has just won a Residual Value Award from ALG for the second year in a row. Unlike kbb.com’s Best Resale Value Awards, which recognize which vehicles maintain the best value after five years of ownership, ALG’s Residual Value Awards recognize which new vehicles are predicted to retain the highest percentage of their original price after the first three years of ownership.
“The Elantra’s eye-catching sporty profile and upscale interior, combined with Hyundai’s increasing image of quality, earn the model its second consecutive win in the Compact Car segment,” said Raj Sundaram, ALG. “High demand and minimal incentives also help it nab the top spot.”
The 2012 Elantra sets the bar in the compact sedan category offering a “class-above” midsize car interior volume, modern design, outstanding fuel economy, and loads of comfort and convenience features, all at an attractive starting price. Elantra also delivers standard advanced safety technologies including a new Vehicle Stability Management (VSM) system to optimally manage Electronic Stability Control (ESC) and the Motor-Driven electric Power Steering (MDPS).
“Hyundai’s Elantra stands out in the competitive compact segment, offering innovation, content, style, and 40 mpg highway standard fuel economy,” said Mike O’Brien, vice president, Product and Corporate Planning, Hyundai Motor America. “Strong residual value is an important element in Hyundai’s overall value equation, reducing the overall cost of ownership and allowing us to offer customers the Hyundai Assurance Trade-In Value Guarantee.”
The Trade-In Value Guarantee is the newest addition to the Hyundai Assurance suite of programs. It eliminates concern about depreciation by giving Hyundai owners a guaranteed value for their vehicle in months 24 through 48 of ownership.
Call Hyundai of Tempe or stop into our Tempe Hyundai dealership to find out more about Hyundai’s amazing Trade-In Value Guarantee and test drive a Hyundai Elantra today.
Hyundai of Tempe
8050 South Autoplex Loop
Tempe, AZ 85284
