Hyundai promises to pay your car note for three months if you, “lose your income”. They let you return it if you can’t work things out within that time frame. You can make the return without messing up your credit, having a balance to pay or suffering other penalties.
CNN reports on the program in depth and quotes Hyundai’s US Marketing VP Joel Ewanick as saying
“With no extra charge to the sticker price, the program pays the difference between the car’s trade-in value at the time the owner files a claim and any remaining balance on the loan up to a maximum of $7,500.”
There’s a conversation about this going on at ridelust.com. Feel free to post a comment here too if you like.