Used Cars Archives - Page 4 of 4

Hyundai, Toyota, Honda, Ford get best used cars honors

Hyundai keeps reaping praise. Edmunds.com, the respected California-based automotive web site, has selected two Hyundai models on its list of the top-15 recommended used cars since 2004. Hyundai, Ford, Honda and Toyota all had two models on the list, with the Hyundai Elantra selected as the best used sub-compact and the Hyundai Azera chosen as the best used large sedan. “With used car prices still soaring, it’s important for consumers to have expert guidance to get the best value,” said Scott Oldham, editor in chief of Edmunds.com. “By taking into consideration a range of factors from consumer ratings to NHTSA crash safety tests, to True Cost to Own metrics, these cars are the most attractive options in the used car

Hyundai announces used car trade-in price guarantee

For the third time in 12 years, Hyundai has announced an automotive industry marketing first. This time, the South Korean manufacturer will guarantee the trade-in price of new cars after two, three or four years. =Hyundai recently ended its industry unique Hyundai Assurance Program. It promised to buy back buyers' cars if they lost their jobs. In 1999, Hyundai became the first manufacturer of offer a 10-year, 100,000-mile warranty. With the new program, Hyundai buyers can only apply the trade-in value to a new Hyundai. If the assessed value of that car is higher than Hyundai's guaranteed price, the buyer will get to apply the higher value to a new car. If the assessed value is lower, the buyer will