A
decade ago Hyundai pioneered America's
Best Warranty™ to show you the
faith we have in our cars. Today, in addition
to our warranty, we're introducing Hyundai Assurance,
to show you the faith we have in you. Right now,
buy or lease any new Hyundai, and if in the next
year you lose your income*, we'll let you return
it. That's the Hyundai Assurance.
Overview
Hyundai is the first automaker in the U.S. to
offer a vehicle return program 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.
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 financed or leased
- Covers up to $7500.00 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
- You purchase or lease the Hyundai of your
choice using the financing option of your choice
- Should you experience any of the income loss
situations noted above, you file a benefit request
with Hyundai Assurance
- 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.
- Provided you have made at least two scheduled
payments on your loan or lease, you pay for
the amount above the Hyundai Asurance benefit
(if anything) and any car payments that were
due prior to you filing for the benefit.
- After such payment (if any) and upon benefit
approval, you return the vehicle to the selling
dealer.
- You walk away without further financial obligation
or negative impact on your credit!
For more information,
click here or call 1-866-771-9166
*See your participating dealer
or the program certificate for complete coverage
details. Hyundai Assurance is valid on any new
Hyundai model financed or leased, for up to one
year after purchase. Restrictions apply.
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