Let’s see… worried about losing your job? Hey, why not buy a brand new car? The new car smell goes really well with a pink slip. And by the way, we have a GREAT financial track record you can trust with your hard earned income and financial future.

I find these ads disgusting.

Hyundai assurance lets you walk away from your note WITHOUT detriment to your credit if you lose your job. Sadly, this is happening to many people unexpectedly and Hyundai is simply offering an out if the unexpected occurs.

The fact is that most people do finance their car (most don’t pay cash) and many are upside-down. Hyundai is trying to help people who have driven too many miles or didn’t put enough money down, etc AND ALSO lost their job.

If you want to read the fine print, a sample contract is on my website, http://www.eckerthyundai.com/MiscPage_4

In terms of quantitative studies, JD Power’s initial quality survey gave top quality awards to 7 U.S. mfrs., 9 Asian, and 2 European in 2008.

Also, please provide statistics that show Hyundai would only result in a loss of a few thousand jobs in America, whereas say Ford would result in something to the effect of a factor of 20-30+.

And I see why you take that stance since you live by Detroit. Unfortunately you have a lot more to blame about your cities predicament than foreign automakers. You have the companies themselves and HORRIBLE government policy in your state.

What we’re really talking about is the survival of 3 major U.S. manufacturers who have a strong majority of their employees right here in the states, not just a few thousand as Hyundai and other foreign automakers. Maybe I’m partial because I live an hour from Detroit – but the effect on the economy is real. Michigan’s unemployment rate is well above 10% already and quickly rising. You cut out 300,000 direct jobs, millions of supplier jobs, and millions of retiree benefits, and EVERYONE in this country is going to be effected. If people stop buying Hyundai’s, maybe a few thousand people lose their jobs. It’s peanuts in comparison. Let’s get real, Kyle.

I’ve driven a Sonata, a Camry, a Civic, a Rio, and an Elantra, and deemed none of the five to be of the quality of GM, Ford, or Chrysler’s equivalents, and that’s an honest assessment. Sure, the Big 3 have made a lot of mistakes and had poor quality for many years, but the quality stereotype is simply just a stereotype that lives on, and unjustly so. I believe Ford and Cadillac only trailed Lexus on latest quality assessments. I don’t think your price statement holds up either. Case in point:
Ford Fusion – $19,035 – ave. user review on Edmunds 9.4/10
Toyota Camry – $19,145 – ave. user review on Edmunds 8.9/10
Honda Accord – $20,755 – ave. user review on Edmunds 8.0/10

Just as you think someone who supports an American brand is living in the past, you are supporting stereotypes based on late 80s/early 90s vehicles to the detriment of your country. I don’t support the big 3 out of patriotism, I support them because their vehicles are just as good or better and are competitively priced. Why would I buy a loaf of bread from someone in China when there’s a local bakery selling bread that is just as good for the same price – and my money stays local??? I won’t hold it against them that they had a food inspection violation 20 years ago.

I love to hear this statement.

My brother works for a transmission supplier to Toyota right here in North Carolina. A number of BMW’s are manufactured in South Carolina. How would buying a car from the “Big 3″ help anyone but Mexicans and the dealership?

The American manufactured cars and trucks are consistently rate below average for quality and reliability. They didn’t get themselves into this financial mess by accident, they’ve been selling an overpriced substandard product for too long. It’s only a matter of time before the consumer wises up.

By the way, where was the PC you just typed this post on made? Would you have paid more for it simply because it was made in America? You want the benefits of a global economy, but none of the detriments.

I wonder how easy it will be to drop off the keys and walk away from your lease. I mean, from what I read it has to be something beyond your control or medical reasons beyond your control. Plus what affect will this have on your credit and ability to lease down the road?

Hyundai looks like a saint with this new policy but I cant see people driving up to the lot and dropping off cars.

Would I buy a Hyundai? no. I was close when that Genesis came out but after comparing it to my ES350, I opted to stick with what I have. Hyundai has improved a lot, but has a long way to go before I am pulled into their dealership to sign any papers. The promotion does not appeal to me at all as I always believe that owning a car 100% paid off is the way to go.

I will never understand why people that have unstable jobs try so hard to lease an Escalade or BMW but not be able to afford the gas and insurance that it requires. Live within your means!