$1.49 gasoline today only, compliments of Hyundai
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If you’re planning a big driving trip this holiday weekend and you happen to be in the Los Angeles area near Hollywood Boulevard and Bronson Avenue, today’s your lucky day -- between the hours of noon and 2 p.m., that is.
To promote its latest car-buying spiff, Hyundai is running a $1.49 gas promotion at one gas station in Los Angeles, one in New York and one in Chicago -- for two hours only.
Because we aren’t allowed to announce this until 11 a.m. today, your proximity to the location, or your willingness to use your existing tank of gas to travel there, will save you more than half the current cost of regular gasoline.
Where?
Hollywood 76 gas station
5890 Hollywood Blvd. (southeast corner of Hollywood and Bronson)
Los Angeles, CA 90028
When?
Today, July 1, from noon to 2 p.m.
How much?
Regular-grade gasoline: $1.49 a gallon (a savings of $1.58)
Mid-grade gasoline: $1.64 (a savings of $1.55)
Premium gasoline: $1.79 (a savings of $1.48)
Why is Hyundai doing it?
What Hyundai hopes is that you will now be aware of its summer incentive program called Hyundai Assurance Gas Lock, which begins today and runs through Aug. 31. All new Hyundais purchased during that time qualify to receive a special credit card that Hyundai helps to pay at most major gas stations, keeping your regular gas prices at $1.49 a gallon for one year or 12,000 miles, whichever comes first.
John Krafcik, chief executive and president of Hyundai Motor America, is convinced that this promotion, in conjunction with other Hyundai programs, will help stimulate new car buying this summer. “Our research shows that nearly 40% of potential new car buyers are staying out of the market specifically due to uncertainty around future gas prices.”
-- Joni Gray