• June 16, 2011

Hyundai is renewing its partnership with Motozuma.com, a free social savings website where consumers can save money to be used for a down payment on a new vehicle purchase. Motozuma users can save their own money or money they are gifted by family and friends.

Hyundai says as part of the program it will offer a dollar-for-dollar matching incentive up to $500 for a consumer that buys a new 2011 - 2012 Hyundai using their Motozuma account funds as a down payment.  Motozuma acts as the facilitator of the down payment at the dealership.

Motozuma says its customers are younger, first-time car buyers. The site also has educational and car-buying tools.