Hyundai believes it will capture more than a passing interest from millions of people. That's because Hyundai will be pushing the company's latest promotion aimed at those who are worried about their jobs. Hyundai's assurance guarantee basically says that if you buy and finance a new Hyundai and then lose your job in the first year, you can, if you choose, return the car. No questions asked.
The program is generating buzz with potential buyers who like the idea that they won't get stuck with a car payment if they’re in financial straits. Yes, I know some people will say that even without this promotion, there's nothing stopping new vehicle buyers from dumping or selling their cars if they lose their jobs. True, but Hyundai's program is the first to articulate the idea is simple, easy to understand terms.
More to the point it addresses the biggest concern keeping people from buying a new car. Potential buyers are spooked right now, and I can't blame them. When you see companies cutting 10,000 jobs at a time, it makes you wonder about your own job security.