Hyundai offers $1.49 gas guarantee for buyers

Posted on Tuesday, June 30th, 2009 at 9:15 AM EDT.

The Associated Press is reporting that Hyundai is offering to guarantee gas at $1.49 a gallon for consumers who buy its vehicles during the next two months.

The Korean automaker says it will guarantee the price for one year for consumers who buy most Hyundai vehicles between July 1 and Aug. 31.

Hyundai says it is targeting  potential car buyers who are holding back because they are unsure about the direction of gas prices. The average price for a gallon of unleaded was $2.63 on Tuesday, according to the story.

At $1.49, consumers would save $1.14 per gallon, although that could rise or fall depending on the future direction of pump prices. (The Associated Press)

This entry was posted on Tuesday, June 30th, 2009 at 9:15 AM EDT and is filed under Industry. You can follow any comments to this entry through the RSS 2.0 feed. Comments are currently closed.