With the auto industry and the economy, failing left and right everywhere, there’s one company that seems to be responding to the needs of its customers, many of whom are finding themselves without a job. Essentially, Hyundai USA is offering to owners or lessees the chance to walk away should they involuntarily lose their job through a program called “Hyundai Assurance”.
From Hyundai’s Website:
Hyudai 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…
Covering in case of:
- involuntary unemployment
- physical disability
- loss of drivers license due to medical impairment
- international employment transfer
- self-employed personal bankruptcy
- accidental death
Not quite enough to completely restore my faith in humanity, but I sense a glimmer of real compassion here.
Good for you Hyundai. This will not be forgotten.