How the Hyundai Trade-in Value Guarantee works:
At the time of purchase, customers will be provided with an assessment of the premium 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. As effective of January 4, 2012, the following premium vehicles are applicable for the current Trade-In Guarantee Value - Genesis Coupe, Genesis and Equus vehicles.
