Earlier this year, Hyundai made headlines with its Assurance program that allows customers to return their Hyundai vehicle if they can no longer afford to make the payments as a result of being laid off. The program, started in collaboration with Walkaway USA LLC, was enhanced to the point where Hyundai said it will add 90 days of payment relief to the existing protection plan while the owner of the car looks for a new job.

The plan helped Hyundai move cars out of its showrooms during the first two months of 2009 as most of its competitors reported a drastic drop in sales. Well, according to KickingTires, no one has used the program so far.

Hyundai spokesman Dan Bedore confirmed that no buyer has taken advantage of the Hyundai Assurance program, which means that 55,133 that bought a Hyundai in 2009 still have their jobs.

You can check out a number of other incentives Hyundai is offering with its Assurance programs on Cars.com.

- By: Omar Rana

Source: KickingTires

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  • Pat
    Honestly, 55,133 people have not been laid off? I know at least 10 in my circle that have been laid off....but then I guess no one is really purchasing a new car if they are in danger of being laid off.
  • Bobmarley
    seriously...who would even consider buying a new car and taking on a car payment if lose their in danger of losing their job?
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