Salem Hyundai

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, finance or lease a 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 to offer a vehicle return program in the US 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.
• Cover up to $7,5000 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 new 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 Assurance 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 financing obligation or negative impact to your credit.

 

For more information, please call a Salem Hyundai Sales Consultant at 603-898-9766.

 

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 dealer or the program certificate for complete coverage details.  Hyundai is a registered trademark of Hyundai Motor America.  All rights reserved.  ©2009 Hyundai Motor America.

http://www.hyundaiusa.com/financing/HyundaiAssurance/HyundaiAssurance.aspx