Hyundai Gets Rid of Assurance Program
Hyundai has America's Best Warranty.
Its 10-year/100,000-mile powertrain warranty and five-year/60,000-mile limited warranty are longer than what any other automaker offers.
However, it looks like the end of the road for the Hyundai Assurance Program.
The program allowed Hyundai owners who lost their jobs to return their vehicle if they owned it for two years or less.
Why is the program disappearing? Hyundai claims that while joblessness in the U.S. remains a serious economic problem, it has been decreasing and is no longer a concern of the vast majority of new-car buyers.
Plus, since 2009, only 350 Americans have taken advantage of the program.
The Hyundai Assurance Program ended March 31, 2011.
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Gregg Fidan is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.
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