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Hyundai Assurance
Overview Hyundai is the first automaker to offer a vehicle return program in the U.S. that allows you to walk away from your loan or lease without having to worry about negative equity. It lets you return your vehicle in case of certain life-altering circumstances. That’s the Hyundai Assurance. Program details • Available on all new Hyundai vehicles. • Available to everyone regardless of age, health, or employment history. • 12 months complimentary on every new Hyundai vehicle loan or lease. • Covers up to $7,500 in negative equity. Coverage in case of: • Involuntary unemployment • Physical disability • Loss of driver’s license due to medical impairment • International employment transfer • Self-employed personal bankruptcy • Accidental death How it Works 1) You file a benefit request with Hyundai Assurance. 2) Your benefits specialist will determine the value of your vehicle based on the average of your dealer’s appraisal and the values from leading industry guides. 3) Provided you have made at least two scheduled payments on your loan or lease, you pay for the amount above the Hyundai Assurance benefit (if anything) and any car payments that were due prior to you filing for the benefit. 4) After such payment (if any) and upon benefit approval, you return the vehicle to the selling dealer. 5) You walk away without further financial obligation or negative impact to your credit! For more information click here or contact the Hyundai Administrator at 1-800-443-2570.See dealer for LIMITED WARRANTY details. Hyundai Assurance is valid on any new Hyundai model financed or leased at participating dealers only, for up to one year after purchase. Restrictions apply. *See your participating dealer or the program certificate for complete coverage details. Hyundai is a registered trademark of Hyundai Motor America. All rights reserved. ©2008 Hyundai Motor America. - close window - |
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