'We think BoostUp helps young people learn the value of saving for a new car.' - Mark Medinger, Savannah Hyundai
(PRWEB) January 22, 2014
Attention college students, high school students and military personnel. Savannah Hyundai is helping people finance their new car through a partnership with BoostUp, a new social savings program that helps consumers save for a down payment on a new Hyundai.
Savannah Hyundai will match every dollar (up to $500) contributed on the consumer’s BoostUp site (Boostup.com). “We think it helps young people learn the value of a new car by saving money for the down payment,” said Mark Medinger, owner of Savannah Hyundai. “They must purchase or lease a new Hyundai vehicle from dealer stock. The incentive must be used as down payment assistance towards the purchase or lease.
“Hyundai is the only car manufacturer partnering with BoostUp," says Medinger. “And Savannah Hyundai will match up to $500.00 towards the purchase of a new or used vehicle.”
BoostUp is a new social savings website where consumers can save money for their down payment for life’s big purchases. Consumers actually save their own money on the BoostUp.com site and can also accept contributions from friends and family members. Companies, like Savannah Hyundai, partner with savers matching some of their savings to help in purchase a new or used vehicle.
“We are happy to be partnering with this startup company in order to help our customers save for a new car,” says Medinger. “It can be hard to save for anything, but when you have a company willing to match your contributions, it can be a great incentive to save.”
BoostUP’s slogan, ‘Life’s expensive. Get a Boost,’ primarily targets young people just starting out. The site is designed to help millennials or anyone purchasing a car, house, pay for a vacation or even a wedding. In order to take advantage of the BoostUp down payment program, customers must have a BoostUp account for at least 30 days.
Hyundai has recently been rated the Most Reliable Automobile Manufacturer by CarMD. Savannah Hyundai Assurance Program, the first of its kind in the U.S. auto industry, allows consumers to walk away from a financing obligation when certain adverse life events occur.
For more information about Savannah Hyundai’s partnership with BoostUp, stop in and customers can visit the dealership at 7011 Abercorn Street in Savannah, GA or call 888-588-3612.