Hyundai Veloster And Santa Fe Win 2014 Vincentric Best CPO Value Awards
FOUNTAIN VALLEY, Calif., Aug. 6, 2014
FOUNTAIN VALLEY, Calif., Aug. 6, 2014 /PRNewswire/ -- Hyundai's award-winning
Certified Pre-Owned (CPO) Program added to its accolades as Veloster and Santa
Fe won their category in the 2014 Vincentric Best CPO Value in America awards.
Hyundai's three-door sporty coupe won in the subcompact coupe segment, while
Santa Fe beat out all other CUV competitors in the mid-size crossover
Hyundai Motor America.
"Hyundai's CPO program gives customers an added level of comfort, satisfaction
and peace of mind in their vehicle purchase," said Steve Flood, director,
Sales Planning and Retail Operations, Hyundai Motor America. "By selecting a
Hyundai CPO vehicle, consumers receive $2,066^* of added value over a
comparable non-certified used Hyundai. Veloster and Santa Fe are both
excellent vehicles offering stylish design and functionality for different
lifestyles, and as these awards show, great value."
The Vincentric Best CPO Value in America awards are vehicle-specific honors
that determine the best value certified pre-owned model in each segment. Using
a statistical analysis, the company identified the Vincentric Best CPO Value
in America winners by measuring which vehicles had lower-than-expected
ownership costs given their market segment and price.
Vincentric measures cost of ownership using eight different cost factors:
depreciation, fees & taxes, financing, fuel, insurance, maintenance,
opportunity cost, and repairs. Each CPO vehicle was evaluated in all 50 states
plus D.C. assuming each has been driven 15,000 miles per year, with the
expectation that they will be driven an additional 15,000 miles per year over
the coming five years.
Hyundai's CPO program benefits include:
o10-year/100,000-mile CPO Powertrain Limited Warranty from the original
in-service date and zero (0) miles
o10-year/Unlimited Mileage Roadside assistance from the original in-service
oRental car reimbursement (up to $35/day for up to 10 days per occurrence)
oTowing coverage to the nearest Hyundai dealership
oTravel breakdown reimbursement (for breakdowns more than 150 miles from
home, up to $100 per day, $500 per occurrence)
o90-days of no-charge SiriusXM^® satellite radio (for vehicles equipped
oComplimentary CARFAX^® Vehicle History Reports™
For a full list of Hyundai CPO coverage, visit:
*$2,066 represents the national value of benefits included in the purchase of
a Hyundai CPO vehicle as compared to a non-certified used Hyundai. Since
$2,066 represents an average for all Hyundai CPO vehicles sold nationally,
individual value received may vary.
Vincentric provides data, knowledge, and insight to the automotive industry by
identifying and applying the many aspects of automotive ownership costs.
Vincentric data is used by organizations such as Yahoo! Autos, AOL, Cars.com,
Chrysler, Toyota, BMW, Mercedes-Benz, Kiplinger.com, Business Fleet Magazine,
NADA Guides, and Fleet-Central.com as a means of providing automotive insight
to their clientele. Vincentric, LLC is a privately held automotive data
compilation and analysis firm headquartered in Bingham Farms, Michigan.
HYUNDAI MOTOR AMERICA
Hyundai Motor America, headquartered in Fountain Valley, 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. Hyundai Blue Link Connected Care provides
owners of Hyundai models equipped with the Blue Link telematics system with
proactive safety and car care services complimentary for one year with
enrollment. These services include Automatic Collision Notification, Enhanced
Roadside Assistance, Vehicle Diagnostic Alert, Monthly Vehicle Health Report
and in-vehicle service scheduling.
For more details on Hyundai Assurance, please visit www.HyundaiAssurance.com
Please visit our media website at www.hyundainews.com and our blog at
Hyundai Motor America on Twitter | YouTube | Facebook
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SOURCE Hyundai Motor America
Contact: Jim Trainor, firstname.lastname@example.org, 714-594-1629
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