Hyundai offering payment help to furloughed government workers

Hyundai has announced an expansion of its Assurance payment-assistance program designed to help out federal government employees affected by mandatory furloughs.

Until the United States government’s shutdown ends, Hyundai says that furloughed employees will be able to defer their loan and lease payments. 

In addition, the Korean carmaker says that furloughed employees who plan to buy a car this month will be granted a 90-day payment deferral.

“We recognize the impact on family budgets that the furlough will drive,” said John Krafcik, president and CEO of Hyundai Motor America in a statement released to members of the media. “Like we did almost four years ago when we launched Hyundai Assurance, this is our way of saying ‘We’ve got your back’ during this uncertain time.”

Hyundai has used its Assurance program to allow owners and lessees to delay payments during both economic slowdowns and natural disasters. It’s not clear how the automaker will ensure that owners who plan to make use of the Assurance program are actually among the roughly 800,000 who have been furloughed, however. <![CDATA[
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