- #11271 of 13217
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New Hyundai Assurance Buy-Back program
by tenpin288
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Jan 03, 2009 (2:16 pm)
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Not to change the subject from the hybrid debate, but I saw this advertised today.
Hyundai Assurance program
What do you think? Will this help spur sales? Would this or maybe something similar from another manufacturer make a buying decision easier for you if you were on the fence? Just curious. 
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- #11272 of 13217
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Re: New Hyundai Assurance Buy-Back program [tenpin288]
by joe97
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Jan 03, 2009 (2:25 pm)
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Replying to: tenpin288 (Jan 03, 2009 2:16 pm)
Sounds like the perfect program to introduce for the state of the economy right now.
Two ad spots:
http://www.youtube.com/watch?v=bVAWviuVmK4
http://www.youtube.com/watch?v=4c_nAmJbjvw
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- #11273 of 13217
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Re: New Hyundai Assurance Buy-Back program [tenpin288]
by backy
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Jan 03, 2009 (2:26 pm)
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Replying to: tenpin288 (Jan 03, 2009 2:16 pm)
I think it might help in cases where people are worried about losing their jobs--which is likely quite a few potential car buyers. Regardless of how much it increases sales of Sonatas et. al., I applaud Hyundai for offering this program. To my knowledge, no other automaker has offered anything like it. I am wondering if any other automakers will respond with a similar program, as some did after Hyundai first offered their long warranty in 1999?
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- #11274 of 13217
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Re: New Hyundai Assurance Buy-Back program [backy]
by tenpin288
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Jan 03, 2009 (2:37 pm)
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Replying to: backy (Jan 03, 2009 2:26 pm)
I am wondering if any other automakers will respond with a similar program, as some did after Hyundai first offered their long warranty in 1999?
That's what I am curious about. If Hyundai were to see a significant sales bump from this in the next month or so compared to other manufacturers, will the others offer something like this? I would think that they would at least have to consider it.
Also, I wonder if this will have any effect on the dreaded new car depreciation. Any thoughts on that aspect?
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- #11275 of 13217
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Re: New Hyundai Assurance Buy-Back program [tenpin288]
by backy
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Jan 03, 2009 (3:30 pm)
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Replying to: tenpin288 (Jan 03, 2009 2:37 pm)
I don't know about affecting depreciation, since the program only kicks in if the owner loses his/her income, and from what I've seen the program is not transferable to a 2nd owner.
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- #11276 of 13217
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Re: C/D on hybrid mid-sized sedans [backy]
by explorerx4
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Jan 03, 2009 (3:37 pm)
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Replying to: backy (Jan 03, 2009 2:10 pm)
unlike you, i checked the toyota website before posting.
it is part of packages 2 and up.
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- #11277 of 13217
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Re: C/D on hybrid mid-sized sedans [explorerx4]
by backy
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Jan 03, 2009 (4:01 pm)
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Replying to: explorerx4 (Jan 03, 2009 3:37 pm)
That's good to know. When I ordered a 2004 Prius in late 2003, the only option on it was SABs and I could swear it had the cargo cover. I suppose if you bought a base Prius you could just buy a cargo cover on eBay etc.--but maybe that would blow the entire value proposition of the car in your eyes? 
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- #11278 of 13217
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Re: C/D on hybrid mid-sized sedans [backy]
by explorerx4
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Jan 03, 2009 (5:01 pm)
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Replying to: backy (Jan 03, 2009 4:01 pm)
can't get a moonroof, it's not on my list.
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- #11279 of 13217
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Re: C/D on hybrid mid-sized sedans [explorerx4]
by elroy5
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Jan 03, 2009 (5:38 pm)
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Replying to: explorerx4 (Jan 03, 2009 5:01 pm)
Some don't like moonroofs. There may be some that don't want a cargo cover. Hard to believe, isn't it?
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- #11280 of 13217
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Re: C/D on hybrid mid-sized sedans [elroy5]
by backy
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Jan 03, 2009 (5:47 pm)
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Replying to: elroy5 (Jan 03, 2009 5:38 pm)
Actually I have read posts from people who don't like moonroofs---consider them a safety hazard. Personally I like them but I can do without them. I like cargo covers too, but it's one of those things that's easy to pick up later if a car doesn't have it. Not a big deal. For that matter, a moonroof can be added to a Prius. Now, something like ABS or ESC or airbags, those are impractical to add to a car after the fact, so it's more important they are there if they are important to the buyer.
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