Korean automakers Hyundai and Genesis said last week that they’ll help new car buyers who’ve lost their jobs cover car payments for up to six months on some vehicles.
The program, which Hyundai first offered after the global recession in 2009, was reinstated due to the new coronavirus pandemic sweeping across the U.S.
“Bringing back the job loss protection program in this unprecedented time will allow our customers to have one less thing to worry about if something unexpected happens to their employment status,” Hyundai Motor North America President José Munoz said in a statement.
Genesis said that it would cover up to six months of car payments for buyers who purchase a new vehicle between March 14 and April 30 and finance it through Genesis’ own lending arm. The automaker said it would cover payments at anytime through the year, up to the end of this year.