Friday, February 05, 2016
Current Weather
Loading Current Weather....
Published: Thursday, 4/21/2011

Hyundai to guarantee new-car trade-in price


NEW YORK — Hyundai Motor Co. said Wednesday it will guarantee the trade-in price of new cars sold in the United States starting May 1.

Analysts said it’s the first time an auto company has made such a guarantee.

The company will guarantee the value of a car that’s traded in after two, three, or four years. The automaker surprised the industry in 1999 with a 10-year, 100,000-mile warranty.

Recommended for You

Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.

Related stories