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FROM THE AP
Can’t make the payments on a new car you just
bought? No problem - just return it free of charge.
At least that’s the deal being offered by Hyundai Motor America.
In a bid to woo skittish consumers, the South Korea-based automaker will cover the depreciation on a returned leased or financed vehicle for those who find themselves unable to make their car payments.
The “Hyundai Assurance Program” only applies to customers stricken by misfortune outside of their control, such as losing their job, becoming disabled or losing their drivers license for medical reasons.
The automaker launched the program on Friday.
Hyundai produces the Sonata sedan and the Santa Fe SUV at its Alabama plant.