Hyundai: If you lose your job, just return your car. We'll deal with your lender.

[w¡n9Nµ7 §£@¥€r 123]

DETROIT (Dow Jones) -- Hyundai Motor Co. announced a new incentive plan Monday that would allow new car buyers to break contracts and return vehicles if they lose their job or income.

...

The South Korean company is offering to cover up to $7,500 in negative equity on the lease or purchase of one of its cars or trucks.

If buyers loses their income for reasons ranging from unemployment to death, Hyundai will allow them to return the vehicle.

"Hyundai is the first auto maker to offer a vehicle return program in the U.S. that allows you to walk away from your loan or lease without having to worry about negative equity," the company said on its web site.

http://money.cnn.com/news/newsfeeds/articl...15_FORTUNE5.htm

[one...two...tree 2,762]

Wow!

[w¡n9Nµ7 §£@¥€r 123]

Wow!

Wow is right.

It's bad out there.

[Pinocchio Liberal 268]

Wow!

Wow is right.

It's bad out there.

No they were garunteed a bail out!

[EstebanTrabajos 7]

[Amby 490]

I saw this on the news earlier and thought only someone who worries about being able to make their car payment is going to buy a Hyundai anyways

[mawilson 2,133]

I saw this on the news earlier and thought only someone who worries about being able to make their car payment is going to buy a Hyundai anyways

Well the Genesis is quite nice...

[Amby 490]

I saw this on the news earlier and thought only someone who worries about being able to make their car payment is going to buy a Hyundai anyways

Well the Genesis is quite nice...

stfu...I did not ask for your opinion

[spookyturtle 9,466]

Anything to stimulate sales. Will they do this in addition to their usual huge discounts and selling for well under invoice?

[mawilson 2,133]

I saw this on the news earlier and thought only someone who worries about being able to make their car payment is going to buy a Hyundai anyways

Well the Genesis is quite nice...

stfu...I did not ask for your opinion

You didn't have to:

So what do you think about the new Hyundai Genesis?

I like it.

I just looked it up since you're all wetting your tips over it and well...me likeeeeey too

[Amby 490]

I saw this on the news earlier and thought only someone who worries about being able to make their car payment is going to buy a Hyundai anyways

Well the Genesis is quite nice...

stfu...I did not ask for your opinion

You didn't have to:

So what do you think about the new Hyundai Genesis?

I like it.

I just looked it up since you're all wetting your tips over it and well...me likeeeeey too

I know. As soon as you said that I remembered saying that.

eta: that's why I said stfu

Edited January 6, 2009 by Amby

[spookyturtle 9,466]

I saw this on the news earlier and thought only someone who worries about being able to make their car payment is going to buy a Hyundai anyways

Well the Genesis is quite nice...

The Genesis is a nice car.

[jundp 191]

I saw this on the news earlier and thought only someone who worries about being able to make their car payment is going to buy a Hyundai anyways

Not necessarily! A good friend of mine has a Hyundai and she is a nurse, her hubster is a social worker. They aren't RICH but they are super comfortable financially. She just liked this car over all the others she looked for. But I don't think she has a car payment....I think they just saved up and paid cash for it.

Anyway, it's still cool.

[Pinocchio Liberal 268]

Anything to stimulate sales. Will they do this in addition to their usual huge discounts and selling for well under invoice?

Hec yeah! they are gonna get a billion or two to play with. Special deal just for us.

[spookyturtle 9,466]

Anything to stimulate sales. Will they do this in addition to their usual huge discounts and selling for well under invoice?

Hec yeah! they are gonna get a billion or two to play with. Special deal just for us.

Leave it to the US to bail out a Korean company. Maybe it's part of the tax cut plan.