Hyundai Elantra Tops New Car Purchases under CARS Program
Hyundai was the first one to honor the cash for clunkers program and it looks like the gamble is paying off. Out of all the cars that were preferred by car buyers after the trade-in, Hyundai Elantra stood tall. The Elantra topped the likes of other cars such as Ford and Dodge. Hyundai accounted for 41% while Ford 32%.
Apparently the price disparity had a bearing here. After the trade-in, they Hyundai Elantra ran a total cost of $8,620. Remember, though many people are hesitant on what car to get after the car rebate program, they will always consider the cost of the new vehicle. Though there will be exceptions such as brand preference, hard times means wiser buying.
Ford ran second but it still had quite a number of buyers. So if other car manufacturers should follow, who knows which other car would make the grade? Again, it depends on the price after discount, something which for now, points motorists to the Hyundai Elantra.
(Source) Press
Tags: brand preference, car buyers, car manufacturers, car purchases, car rebate, Cars, disparity, Dodge, exceptions, Hyundai, hyundai elantra, motorists, new car, rebate program