Gabby Watson
Updated: Jan 2019
Gabby Watson
Updated: Jan 2019
The following terms and phrases – OR ANY TERMS AND PHRASES WITH SIMILAR MEANINGS – suggesting a distressed sale or language suggesting a dealer has received special pricing or inventory, are damaging to the Hyundai brand. They must not be used in advertising/marketing:
Below/At Cost or Invoice ● Authorized Distribution Center ● As Seen on TV ● Bailout ● Closeout ● Best/Discount Prices ● Dealer/Retailer Cost ● Blow Out/Blow out Sale ● Factory Allocation ● Clearance ● Factory Challenged ● Everyone is Approved ● Guaranteed Credit Approval ● Factory Authorized ● Inventory Reduction ● Factory Invoice ● Low Price Guaranteed ● Garage Sale ● No Credit Rejected ● Bad Credit ● All Applications Accepted ● Overstocked ● Guaranteed Lowest Price ● Prices Slashed ● Liquidation ● Special Allocation ● Meet/Beat/Match ● Undersold ● Outlet Sell Down ● Warehouse Price ● Price Protection Guaranteed ● We Finance Everyone ● Public Notice ● Wholesale Cost ● Sell Off ● Volume Discount ● Special Price/Purchase Undercut ● Warehouse Store ● Undersell ● We Won’t be UndersoldThe Minimum Allowable Advertising Price (MAAP) shall be:
1. MAAP = (Dealer Invoice + Freight and Installed Options) - (National Consumer Facing Offers)
● Inclusion/exclusion of freight charges must comply with state laws. ● Only HMA/HMF National or Regional customer cash/rebates (Retail Bonus Cash, Sales Event Cash or HMF Bonus Cash) may be used to reduce an advertised price below dealer invoice for new Model Year vehicles.2. Service Rental Car will be considered new vehicles as it pertains to MAAP.
Reference to “Credit” should not infer that all credit types are approved. References or offers relating to credit should be based on approved or pending approval. Approved uses of Credit in advertising:
● "No Credit? Bad Credit? Don’t worry. We want to help approve you."● "We offer low rate financing." ● "Credit Problems? We can help."● "We want to approve your credit.● "Credit Specialists – Providing financing for challenged credit."● "Get Pre-approved today."● "Financing options for everyone."● "Apply now for easy credit. Good credit, bad credit, no credit, we can help!"