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Hyundai Taps Carfax for CPO Program

September 30, 2009

CENTREVILLE, Va. — Hyundai Motor America today named Carfax as the official vehicle history report provider for its certified pre-owned (CPO) program. Hyundai pre-owned vehicle shoppers will receive a no-cost Carfax Vehicle History Report with every Hyundai CPO vehicle.

"Certified sales are surging and Hyundai has a great name," said Michael Ciasulli, owner of Maxon Hyundai in Union, N.J. "We've used Carfax for years and it's proven to increase my profitability and improve my turn. Having a Carfax Vehicle History Report as part of the Hyundai CPO program makes us even better."

Starting Oct. 1, all Hyundai dealers selling CPO vehicles will be required to run a Carfax Vehicle History Report as part of the certification process. Eligible vehicles have less than 60,000 miles and are no more than five years old. All Hyundai CPO cars pass a 150-point inspection and are backed by a 10-year, 100,000 mile powertrain warranty. In addition, these cars come with another industry first, the Carfax Buyback Guarantee.

"Hyundai's CPO sales were up 68.4 percent in the first seven months in an industry down 8.4 percent, evidence that our CPO program is attracting consumers to our brand," said Tracy Bowes, manager of assurance products, Hyundai Motor America. "Having America's Best Warranty and the security of a Carfax Vehicle History Report on our certified pre-owned vehicles is just another example of how Hyundai stands behind our quality, allowing us to grow in an extremely competitive market."

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