Realizing that people weren’t buying cars because they feared losing their jobs, Hyundai now includes job loss insurance in the deal. Buyers who lose their jobs within a year taking delivery can return the vehicle to the dealership without damaging their credit ratings. An insurer pays off the loans. One problem with this scenerio: the insurance only covers the first year of ownership, while the loan likely runs for four or five. Still, Hyundai says it has helped move the metal.
Lose your job, walk away from your Hyundai