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Hyundai Welcomes First Cash For Clunker Customer

by Brian Yalung on Thursday, July 2nd, 2009

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While everyone is still studying their options for the Cash for Clunkers deal or the Car Allowance Rebate System, Hyundai announces that it is ready to entertain folks and also reveal their very first customer for the said deals.

Katherine Michon of Arlington, Virginia was the first to trade-in an eligible clunker for a new Hyundai, replacing her 15 mile-per-gallon 1995 Ford Explorer with a 26 mile-per-gallon Hyundai Elantra Touring, at Alexandria Hyundai in Alexandria, Virginia.

Hyundai buyers will receive the full rebate allocated under the CARS program (also known as “cash for clunkers”) when an eligible trade-in is exchanged for a qualifying Hyundai model.

Hyundai is the first automaker to extend the government incentive to consumers, accelerating its implementation by several weeks by backing dealerships with short-term cash advances as the government organizes the rollout of the program industry-wide.

(Source) Press

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