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Archive for August, 2012

Hyundai as a brand has grown significantly in the last 25 years, both in its quality and scope of offerings. That doesn’t change with the new 2012 Azera.

Hyundai felt as though they needed a car that fit between the Sonata and Geneis sedans, and a sedan for customers that weren’t quite at the spending level of an Equus yet. Enter the all new 2012 Azera, a reasonably priced front-drive automotive statement.

The Hyundai Azera measures 193.3 inches long and 73.2 inches wide, neatly splitting the different between the Sonata and the Genesis. The exterior falls directly in line with the rest of the Hyundai family’s updated “Fluidic Sculpture” design, which is undeniably attractive. A chrome grille initiates the winged ‘in flight’ look that continues throughout the car. A wraparound LED taillight is unique to the Azera and eighteen inch wheels with 245/45 tires are standard.

Power-adjustable leather-upholstered front seats come standard, a well located shifter, and optional power tilting and telescoping wheel make finding an optimal driving position simple and quick. The dash pad spreads outwards, wing-like from the center console, a continuation of the models overall design theme. The interior is also roomy with more than enough space for both the driver and passenger. Heated front and rear seats, a backup camera, navigation system, integrated Bluetooth, and Hyundai’s Blue Link telematics system all come standard. There is also an additional Technology package that adds 19-inch wheels, a tilt-and-slide sunroof, an Infinity audio system, ventilated front seats, and a power rear sunshade.

The driving experience with the new Azera rivals that of any Ford Taurus or Buick LaCrosse. Thanks to the struts with coil springs and a multilink independent rear setup system with disc brakes and standard ABS. The steering is precise and is electronically assisted to provide a force in the countersteer direction when the vehicles stability-control systems realizes there is forthcoming  danger based on vehicle trajectory, road conditions, or simple operator buffoonery.

There is only one powertrain available to Hyundai Azera customers, which is a 3.3-liter V-6 and a six-speed automatic transmission with a manual shifting mode and steering-wheel-mounted paddles. The Azera delivers 293 horsepower and smooth and quiet shifting. Phoenix Hyundai drivers are sure to enjoy the overall driving experience of the new Hyundai.

The Azera is now available to at Chapman Hyundai, so come by for a test drive or any more information on the new model.

Low APR vs. Cash

There is a wide range of financing alternatives for customers in search of a new automobile. Of course you can pay cash, but for many if not most that choice involves factors such as the annual percentage rate and a “cash back” incentive. Cash back is a popular enticement that dealerships offer in order to encourage people to buy a new vehicle. While these offers seem like a good deal, potential buyers should weigh other factors to determine if the cash-back incentive makes the most financial sense. Here are a few common options explained:

Cash-Back Program:
Cash-back incentives typically are offered by the car manufacturer as a cash-back reward for people who buy a new car. For example, a consumer goes to buy a new 2013 Hyundai Sonata from a Phoenix Hyundai dealer, agrees to a financing plan they will receive a $500 ‘cash-back’ incentive to use as part of the cars down payment.

A new car is a major purchase, and few people pay cash for it. Most consumers obtain a loan to buy a new car or finance the purchase through the manufacturer or a financing department. A car loan, like any loan, comes with interest rates, known as an annual percentage rate, or APR. For example a consumer could get a 2013 Hyundai Genesis Coupe for a low APR of 1.9% for 36 months, 2.9% for 48 months, 3.9% for 60 months, and 4.9% for 72 months .

Low APR or Cash Back?
Some car manufacturers offer a combination cash back and a low interest rate. Some of these offers are either/or, meaning the consumer may choose either the cash-back reward or the low interest rate, while others offer both cash back and low interest.

If a new Hyundai Phoenix consumer is faced with the decision of purchasing a new car with a cash-back incentive or a low APR, they must perform a few calculations. There are several automobile websites that offer calculators that help with this task. For example, if you’re offered $5,000 cash back or a 1.0 percent APR on a 48-month loan for purchase of $24,230—with no trade-in or cash down—you’ll save $13 per month by choosing the low financing over the cash-back offer.

Cash Purchase vs Low APR:
Another option for Hyundai car buyers is to skip financing altogether and pay for a car in cash. Buying a car in with cash saves you money in the long run as you don’t have to pay interest, but it also takes a lot of money out of your pocket. As long as you aren’t taking money out of your emergency funds or selling other assets to purchase the car, buying a car with cash is often a good option.

For consumers who drive hybrids or alternative fuel cars, every month is Fuel Efficiency Month, but Hyundai is now petitioning to make August the official “National Fuel Efficiency Month”.

John Krafcik, president and CEO of Hyundai Motor America was quoted saying “”There’s a day, week or month for just about everything else, so we feel the time is right for a national Fuel Efficiency Month to help shine a spotlight on the ecological and economic benefits here”.

With four new Hyundai Phoenix vehicles who achieve 40 mpg highway or more and an absence of gas-guzzling SUVs, Hyundai can actually claim to have the highest fuel economy and lowest CO2 of any U.S manufacturer. It even sold more 40 mpg vehicles than Toyota, Nissan, Honda, Ford and Chevrolet combined last year. Hyundai is leading the way to inspire people into reducing fuel use.

Hyundai kicked off their campaign on World Environment Day in New York, Austin, Chicago and Las Vegas. At each kick-off event consumers can learn about efficient driving and the benefits of driving greener vehicles. The national Fuel Efficiency Month is overall meant to improve fuel-efficient driving skills, raising awareness of routine maintenance and of course to show the reasons to buy a Hyundai.

The company officially sent its petition, which held over 25,000 signatures, on July 5th to Washington. You can keep updated on the progress of National Fuel Efficiency Month by visiting Hyundai’s Facebook page. You can also stop by your Arizona Hyundai dealer for more information.