Hyundai Assurance Program06 Jan 2009
We all know times are tough, it is especially tough for those who sell big ticket items in our uncertain economic climate.
Hyundai Motor America unveiled a novel approach to the problem over the weekend. Dubbed the Hyundai Assurance Program, the South Korean automaker said that people who finance or lease a new Hyundai during the next 12 months can return the car if they "experience an involuntary loss of income" within one year of the purchase date.
Hyundai, has developed a walk-away program that will allow those who have lost a job to walk away from their auto loan. There are strings attached but it could be a great move to get people into cars for Hyundai.