HYUNDAI ASSURANCE: WE'VE GOT YOUR BACK FOR ONE FULL YEAR

A decade ago Hyundai pioneered America's Best Warranty. Now we're providing another kind of confidence. Finance 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.

Starting today you can feel good about buying a car, despite these current times. If you find that you cannot make your payment because of a covered 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.

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. That's the Hyundai Assurance.

Program Details

  • Available on all new Hyundai models.
  • Available to everyone, regardless of age, health or employment history.
  • 12 months complimentary on every new Hyundai vehicle financed or leased.
  • Covers up to $7,500 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:

  1. You finance or lease the Hyundai of your choice using the finance option of your choice.
  2. Should you experience any of the circumstances noted above, you may file a request for benefit with the Hyundai Assurance Administrator. You must have made at least two scheduled payments and be current on you loan or lease in order to qualify for benefit approval.
  3. Your benefits specialist will determine the value of your vehicle based on the average of your dealer's appraisal and the values from industry leading guides.
  4. Upon benefit approval, you return the vehicle to the selling dealer and pay any additional balance amounts and the amounts above $7,500 Hyundai Assurance benefit amount (if any).
  5. You walk away without any further financial obligation, leaving your credit rating intact.
 
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More Information

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