Monday, January 5, 2009

Sign of the Times

Jan. 5 - Hyundai Motor America announced an agreement with WALKAWAY USA, LLC to offer consumers unique financial protection in this uncertain economic environment called the "Hyundai Assurance Program."

Beginning today, Hyundai will provide a private label version of WALKAWAY Protection for Automotive Financing as a complimentary 12-month vehicle return program provided on every new Hyundai that is financed or leased at participating dealers.

The WALKAWAY program allows you to return the car and cancel related debt when unforseen life circumstances emerge, such as loss of employment. The benefit is also available in cases of physical disability, medical-related loss of license, international employment transfer, self-employed personal bankruptcy and accidental death. The Hyundai Assurance Program is complimentary for one full year, covers all Hyundai models and is available to everyone.

"In this uncertain economy, we are looking for ways to reassure shoppers that Hyundai still represents the best value in the auto industry," said John Krafcik, acting president and CEO, Hyundai Motor America. "Our agreement with WALKAWAY allows us to offer a unique form of financial protection in all 50 states for the first time by an automaker."

The program covers up to a maximum of $7500 negative equity and a correctly handled vehicle return has no credit history impact.

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