FOUNTAIN VALLEY, Calif., Jan. 30, 2015 /PRNewswire/ -- Following the success of last year's "Hyundai Sonata Starter Boost" program, Hyundai Motor America and BoostUp have renewed their partnership through January 4, 2017. Hyundai will continue to offer a dollar for dollar match, up to $500, to consumers that buy a new Hyundai using their BoostUp funds as a down payment.
"Our relationship with Hyundai has allowed thousands of people to afford the car of their dreams," said John Morgan, Founder and CEO of BoostUp. "The goal of BoostUp is for people to save responsibly for life's big purchases, and what better way to reward them for doing so than by giving them a $500 Boost toward the purchase of any one of Hyundai's great vehicles."
Hyundai was the first automotive company to partner with BoostUp and this partnership has helped over 5,000 consumers save for and buy a new Hyundai. The majority of BoostUp users are first time car buyers drawn to the free BoostUp account, simplicity of goal-based saving and receiving Boosts from Hyundai, family and friends.
"We are extremely excited to continue our partnership with BoostUp, which is a perfect way to help today's smart car buyers," said Bob Pradzinski, vice president of national sales, Hyundai Motor America. "Younger car buyers are looking for different ways to afford a new vehicle and our partnership with BoostUp gives prospective customers a hassle free savings platform that comes with a $500 reward for their savings effort."
About Hyundai Motor America
Hyundai Motor America, headquartered in Fountain Valley, Calif., is a subsidiary of Hyundai Motor Co. of Korea. Hyundai vehicles are distributed throughout the United States by Hyundai Motor America and are sold and serviced through more than 820 dealerships nationwide. All Hyundai vehicles sold in the U.S. are covered by the Hyundai Assurance program, which includes the 5-year/60,000-mile fully transferable new vehicle limited warranty, Hyundai's 10-year/100,000-mile powertrain limited warranty and five years of complimentary Roadside Assistance. Hyundai Blue Link Assurance Connected Care provides owners of Hyundai models equipped with the Blue Link telematics system with proactive safety and car care services complimentary for one year with enrollment. These services include Automatic Collision Notification, Enhanced Roadside Assistance, Vehicle Diagnostic Alert, Monthly Vehicle Health Report and in-vehicle service scheduling.
BoostUp is a first of its kind social savings platform that makes buying your next car or home easier. BoostUp helps people save for their down payment by offering a dollar-for-dollar match ("Boost") on their savings from brand partners, family and friends. Consumers create a free and secure BoostUp account, set a goal, automate their savings and receive Boosts to help them reach their dreams faster. BoostUp is headquartered in Detroit, Michigan. For more information, please visit www.BoostUp.com.
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SOURCE Hyundai Motor America