Posted on 05. Mar, 2016 by in Hyundai Canada

02/12/2016, CHICAGO,IL

Automaker Earns Highest Achievement for Lowest Ownership Costs

Hyundai was named a altogether code leader in a 2016 Kelley Blue Book 5-Year Cost to Own Awards. Hyundai ranked No. 1 among mainstream brands for a lowest projected tenure costs. These awards are formed on Kelley Blue Book’s 5-Year Cost to Own information for new cars for a initial five-year tenure period.

While debasement (or detriment of value) and fuel costs might be a biggest responsibility incurred in owning a vehicle, there are other factors that can have a poignant impact on a consumer’s budget. Kelley Blue Book 5-Year Cost to Own information takes into care depreciation, approaching fuel costs, financial and word fees, upkeep and correct costs, and state fees.

“Kelley Blue Book’s 5-Year Cost to Own information evaluates a other out-of-pocket losses drivers will catch over a initial squeeze price, that helps consumers select a automobile that best fits their needs and their long-term budget, assisting save income down a road,” pronounced Dan Ingle, clamp boss of automobile valuations, attention solutions and general for Kelley Blue Book. “In further to a low Kelley Blue Book® Fair Purchase Price and low fuel, upkeep and correct costs opposite a full indication lineup, Hyundai also has a mid-range debasement and word cost, creation it a 2016 5-Year Cost to Own Best Brand among all automakers.”

Kelley Blue Book Fair Purchase Price is a cost shoppers typically compensate a play for a new car, formed on tangible new-car exchange and practiced frequently as marketplace conditions change. Some of a models pushing Hyundai’s success embody a 2016 Accent, Elantra, Sonata, and Veloster. 

“Hyundai’s goal is to make things better,” pronounced Mike O’Brien, clamp president, corporate and product planning, Hyundai Motor America. “Being named a altogether code leader in Kelley Blue Book’s 2016 5-Year Cost to Own Awards shows the joining to emanate and build improved vehicles opposite the lineup. We trust each owners deserves assent of mind. It’s because the cars come customary with America’s Best Warranty, saving the owners income on what would have been out-of-pocket expenses.”

Kelley Blue Book 5-Year Cost to Own information is grown regulating Kelley Blue Book® Residual Values to calculate debasement costs. Kelley Blue Book calculates sum tenure costs for new vehicles by requesting a worldly gratefulness methodology along with vicious financial information from third-party providers.

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