
Certainty in Uncertain Times
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, buy 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.
Hyundai Assurance
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 vehicles.
- Available to everyone regardless of age, health, or employment history.
- 12 months complimentary on every new Hyundai vehicle 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
- You purchase or lease the new Hyundai of your choice using the financing option of your choice.
- Should you experience any of the covered 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 your loan or lease in order to qualify for benefit approval.
- 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.
- Upon benefit approval, you return the vehicle to the selling dealer and pay any Additional Balance Amounts and the amount above the $7,500 Hyundai Assurance benefit amount (if any).
- You walk away without further financial obligation, leaving your credit rating intact.
For more information contact Allen Hyundai at (888) 313-7744.
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 your participating 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.