zzdcar
Home
/
Reviews
/
Buying
/
Hyundai Cuts Furloughed Federal Workers A Break On Car Payments
Hyundai Cuts Furloughed Federal Workers A Break On Car Payments-November 2024
2024-02-19 EST 22:10:07

If you're one of the wondering how you're going to make ends meet until Congress stops acting like children, Hyundai is about to cut you a break on your lease and car payments.

In the latest development on , Hyundai recently announced that they will defer all auto loan and lease payments during the shutdown for current Hyundai owners who are furloughed as an addition to their Hyundai Assurance program. They say furloughed workers will get a relief from payments for as long as they are out of work, and if those employees want to buy a car in October, they will be offered a 90-day payment deferral.

The first U.S. government shutdown in 17 years means more than just scores of federal employees…

Remember, and the height of the recession when they offered payment assistance to owners who lost their jobs in the private and public sectors. That move inspired Ford and GM to do the same thing.

The Carpocalypse has forced automakers to try and entice nervous buyers by offering to remove the…

I say it's a kind move on Hyundai's part, and it's also a brilliant marketing move that helps establish them as a company that looks out for their buyers.

If you don't live in D.C. like I do, it may not be as readily apparent what the shutdown means for everyday people. I have a lot of friends who work for FEMA, the Defense Department, the State Department or other agencies who are now forced to go without pay during this mess. Others have to work without pay. They might get reimbursed whenever the shutdown ends, but in the meantime, they have bills same as you and me and they're trying to make the best of a deplorable situation they didn't ask for. It's more serious than just national parks closing down and an end to the "panda cam."

Meanwhile, in case you're curious, during the shutdown. Hyundai has not announced any incentives for them. I'll update the story if that changes.

Comments
Welcome to zzdcar comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Buying
Which One Of You Suckers Is Going To Pay Over $32,000 For A 25-Year-Old Toyota 4Runner
Which One Of You Suckers Is Going To Pay Over $32,000 For A 25-Year-Old Toyota 4Runner
The (and Tacoma) have a death grip on used values. It’s been this way for years. Go ahead, go try and buy any TRD trim that’s a couple of years old; it’ll cost you as much as a new one — not that you could buy a new one...
Nov 2, 2024
Someone Willingly Paid $16,000 For A Maserati Ghibli On Cars & Bids. Don’t Make The Same Mistake
Someone Willingly Paid $16,000 For A Maserati Ghibli On Cars & Bids. Don’t Make The Same Mistake
Let’s cut right to the chase: buying a is not a good idea unless you have deep enough pockets for the upkeep. For those not in the know, they’re sirens. They draw you in with their premium Italian image and sweet songs of and then go in for the...
Nov 2, 2024
At $8,600, Would You Go Topless In This 1994 Cadillac Eldorado?
At $8,600, Would You Go Topless In This 1994 Cadillac Eldorado?
The seller of today’s Caddy claims they should be selling it at auction but says who’s got time for that? Let’s see if we have the time for this custom convertible at its non-auction price. Many of you agreed that the $950 asked for yesterday’s was “chump change.” Even...
Nov 2, 2024
At $5,900, Is This 1984 Nissan 720 4X4 A Solid Deal?
At $5,900, Is This 1984 Nissan 720 4X4 A Solid Deal?
According to its seller, today’s Nissan 4X4 shows “pride of ownership.” Let’s see if it would take swallowing one’s pride to pay its asking price. Opinions were split on how well the design of yesterday’s has held up over the years. Some of you commented that the design still...
Nov 2, 2024
At $950, Would You Go All-In On This 1984 Plymouth Colt GTS Turbo Project?
At $950, Would You Go All-In On This 1984 Plymouth Colt GTS Turbo Project?
One of the calling cards of today’s Plymouth Colt is its “Twin Stick” overdrive gear change, which gives the car eight speeds going forward and two in reverse. Let’s see if this project car has anything else to offer. Just as Goldilocks discovered when appropriating Papa Bear’s lifestyle and...
Nov 2, 2024
At $18,500, Would You Lean Toward Buying This 2022 Ford Mustang?
At $18,500, Would You Lean Toward Buying This 2022 Ford Mustang?
Today’s Mustang is being sold by a towing yard, which means it’s probably a lien sale. Let’s see if this clean title convertible is priced to put a new buyer on the hook. The general consensus on last Friday’s was that it would be the perfect car for someone...
Nov 2, 2024
Copyright 2023-2024 - www.zzdcar.com All Rights Reserved