Hyundai announced that the 2012 Elantra has received a Residual Value Award form ALG in the compact car segment. ALG is the industry benchmark for residual values and depreciation date. ALG annually recognizes automakers’ outstanding achievements in producing new vehicles that are predicted to preserve the highest percentage of their original price after a conventional three-year period. Award winners are determined through careful study of the competition in each segment, historical vehicle performance and industry trends. Vehicle quality, production levels relative to demand and pricing and marketing strategies remain the key factors that affect ALG’s residual value forecast. The trade-in value guarantee is the newest addition to the Hyundai Assurance suite of programs. It eliminates concern about depreciation by giving Hyundai owners a guaranteed value for their vehicle in months 24 through 48 of ownership. The 2012 Elantra sets the bar in the compact sedan category offering a “class-above” midsize car interior volume, modern design, outstanding fuel economy, and loads of comfort and convenience features.
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