Reply With QuoteSee what Hyundai (Spelling) is advertising? They will buy back the car you got from them if you lose your job so your not stuck with the payments. Thats impressive.
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See what Hyundai (Spelling) is advertising? They will buy back the car you got from them if you lose your job so your not stuck with the payments. Thats impressive.
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"The catch? There’s actually quite a few besides having A-list credit to qualify for a new car purchase in the first place. Here’s the list:Originally Posted by WNYresident
The program lasts one year from lease or purchase date of a new Hyundai vehicle, which is financed through Hyundai Motor Finance Company and some other third-party lenders.
New car buyers must have made at least two scheduled payments on their loan or lease, be current on all payments and pay for any outstanding balance above the $7,500 benefit amount which results from negative equity.
The circumstances covered on the assurance program include involuntary unemployment (being laid off), physical disability, loss of driver’s license due to medical impairment, international employment transfer and self-employed personal bankruptcy.
Once the benefit is approved by the Hyundai Assurance administrator and the customer pays any outstanding balance, the customer returns the vehicle to the selling dealer, whose appraisal is factored into the valuation formula, and the consumer avoids further financial obligation or negative impact to his/her credit. The dealer is then able to remarket the vehicle."
http://www.autotropolis.com/wiki/ind...dai_Now%3F_Yes!
Yes, impressive. But lets see this scenario: you buy a Hyundai and loose you job within the specified period after purchase. They take the car back, you may still have to cough up cash and now you have no car to get back and forth to prospective job interviews.
Their commercial is good
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Agreed. Just amybe a little too good to be true!
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