The Hyundai Assurance Program

[Jan 5, 2009.]

 

In a time of economic uncertainty car buyers are more leery than ever about buying a new car.  Things like job loss, medical emergency or personal financial downturn weigh heavily on the minds of the average car buyer.

Hyundai to the rescue, with the help of Walkaway USA, LLC.  Hyundia introduced their assurance program that offers something completely unique to car buyers.  They allow a car buyer to return the car for 12 full months if they experience job loss.

“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 Walkaway USA program was introduced in Canada back in 2000 and has allowed for consumers to walk away from $35 million in auto-related debt not to mention auto retailers with a competitive advantage.  They are proud to be the first and only car return company that protects car buyers from financial shortfalls arising from the depreciation of new and used vehicles.

“We are pleased to collaborate with Hyundai in offering this program through an automaker for the first time in the United States,” said Paul Budvitis, president of WALKAWAY USA, LLC.  “WALKAWAY is one of the most innovative products to hit the auto-finance marketplace, addressing consumers’ most pressing challenge to purchasing a new car in today’s economy.”

The Hyundia Assurance program is available to any consumer, regardless of age, health, employment history or financed amount of the vehicle. The program is complimentary for the first 12 months of the financing or lease date for vehicles financed through Hyundai Motor Finance Company and other third-party lenders and financing sources.

 

About Author:

Brent Lane is a Mortgage Consultant in Roseville, California. He helps homeowners in California with their mortgage financing and writes on his BLOG at www.thelanegroup.blogspot.com