Hyundai Says Clunkers Incentive Accounts for 7% of Sales

Last week, Hyundai announced that it would start accepting eligible “clunkers” as trade-ins, even before the federal government’s official program began allocating funds. It was part of the automaker’s recent “Assurance” campaign, and it seemed to work at least a little, with 7% of the company’s sales over that period coming from clunker-eligible trade-ins.

Almost any brand in today’s climate would be ecstatic with a sales increase of 7%. Hyundai says Ford and Dodge led the list of brands traded in, at 32% and 23%, respectively. The company also touted its own current incentives and $1.49 gas deal. According to Hyundai, with those deals in place, if you fully qualify for Cash for Clunkers a new Elantra could be had for $8,620.

Hyundai expects sales from the program to grow to about 10% for the entire month of July.

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Comments

I beleive this new legislation is a big win for consumers who is ready to buy a new car with fuel efficient models

Jim henry

www.cashforclunkersfacts.info
http://www.cashforclunkersfacts.info

Great job Hyundai. And, thanks for this update. I have a list of eligible cars over on my website. Check it out.

-Jay
http://getcashforclunkers.us