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Fuel Lock Program from Hyundai and Pricelock Announced

by Brian Yalung on Tuesday, June 30th, 2009

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There is a new program that aspiring car owners and fuel consumption saver people may want to check out, courtesy of Hyundai and Pricelock. The two companies have come up with a new program which will lock the price of fuel to $1.49 per gallon for a year on select new car models under the Hyundai brand.

For the Hyundai program, Pricelock will issue car buyers fuel cards, similar to credit cards, which drivers will use to purchase gasoline at any of the 165,000 participating gas stations, approximately 93% of all service stations in the U.S. Using the Pricelock card, the car buyer will be charged $1.49 per gallon for fuel, regardless of the price on the pump.

Of course, if the pump price is below $1.49 per gallon, the cardholder will not use the fuel card, but instead will pay the lower pump price using cash or a credit or debit card and still be able to participate in the upside.

This is not affiliated with Keetsa.

(Source) Press

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Categories: Auto, Cars, Fuel Efficient.

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