Hyundai Send Back

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Car dealers are desperate for business, and many are getting creative. Korean automobile maker Hyundai is trying a new approach. It’ll take your car if you have a “life changing event,” like getting fired from your job. The new program claims that “if you cannot make your payment because of a life changing event, we’ll allow you to return your vehicle and walk away from your loan obligation – and in most cases, we will cover most, if not all of the difference”. This program is good up to one year, post purchase, and at least two payments must be made in order for it to become effective.

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~ by mlmcored on August 2, 2009.

One Response to “Hyundai Send Back”

  1. This is a great idea. I love it! People worry about how they’re going to pay for things if they make a major purchase and their lifestyle income changes.

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