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Vancouver Auto Chat 2016 VAC Community Head Moderator: Raid3n

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Old 03-15-2009, 08:38 AM   #1
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which dealership has "buy a new car and if you lose your job you can return it"

I heard the ad on the radio the other day but i can't remember which dealership/franchise it was.

but bascially it said that during these troubled times you can buy a new car, and if you lost your job you could return it.

just trying to find which manufacture it is and the fine print behind it.

thanks!
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Old 03-15-2009, 08:44 AM   #2
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Hyundai has this, but I don't know if it's in Canada (US for sure has it, and Hyundai attributes their sales increase to this program).
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Old 03-15-2009, 08:53 AM   #3
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wouldn't this be the same thing as selling the car? when you return it after losing your job, the dealership obviously wouldn't give you a full refund.
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Old 03-15-2009, 09:02 AM   #4
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well thats why i am trying to figure out the fine print / what the terms are etc
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Old 03-15-2009, 09:03 AM   #5
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i thought Toyota canada had this too? heard something on the radio re: it.
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Old 03-15-2009, 09:59 AM   #6
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I know Hyundai was doing it, but I'm pretty sure other dealerships offer it as well. It isn't a Hyundai program, but is done by a 3rd party insurance company. Basically you pay some "job insurance" fees to this company, and if you are approved and lose your job, then they will buy it back for market value.
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Old 03-15-2009, 10:19 AM   #7
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I know a toyota dealership has this in Calgary with a big sign outside.
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Old 03-15-2009, 02:28 PM   #8
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they buy it back for market value???

what if you are financing/leasing then?
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Old 03-15-2009, 04:01 PM   #9
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it's called Hyundai Assurance. Google it
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Old 03-15-2009, 04:30 PM   #10
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i found on the toyota website but bacially you have to go in for all the detials
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Old 03-15-2009, 08:47 PM   #11
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was it saturn? i think i saw a commercial with what you described, but i could be wrong.
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Old 03-15-2009, 09:49 PM   #12
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i remember hearing about this on the radio. I dont think its available in BC yet. Its in the eastern provinces right now.
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Old 03-15-2009, 11:20 PM   #13
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Old 03-16-2009, 05:57 AM   #14
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it's KIA canada that is advertising it. i haven't heard Hyundai canada offering it but i have seen the US commercials from them for the assurance program, but KIA is owned by hyundai?

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Old 03-16-2009, 07:21 AM   #15
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economy like this ...not surprising...

my company is promoting "buy a new life insurance policy and if you lose your job you can get full refund"
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Old 03-16-2009, 07:21 AM   #16
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it's called Hyundai Assurance. Google it

Not sure the one that you're hearing on the radio, but the constant commercials on the US tv stations are for Hyundai.

The plan was called Hyundai Assurance, and now it's called Hyundai Assurance Plus.

With the plus they make your payments for 3 months and if you still can't afford the car you can return it.
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Old 03-16-2009, 11:00 AM   #17
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Not that it matters, but I heard on the radio today that Kia offers this program.
If you lose your job within the first year of owning the car you can take it back

I'm sure there are some conditions though, so at least now you know KIA offers this
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Old 03-16-2009, 11:09 AM   #18
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Walkaway Canada

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http://www.walkawayprotection.com/canada/

Only available in Ontario, Manitoba, PEI, NB and Nova Scotia
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Old 03-16-2009, 11:31 AM   #19
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The ads on the radio are for Toyota:

http://www.toyotabc.ca/RedTag_Offers.php
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Old 03-17-2009, 01:09 PM   #20
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we have too many ballers in BC, this program won't fly
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Old 03-17-2009, 01:12 PM   #21
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Yes they have this program at toyota too
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Old 03-21-2009, 01:10 PM   #22
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Toyota has 0% financing!! Awesome!
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