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Dealers either give away the entire TIP protection (up to $5000 in negative equity benefit), or give away a portion while leaving the balance to be purchased by the consumer ($2500 give away, $2500 for sale). Trade-In Protection falls in a vein of "socially responsible" programs highlighted by the original Hyundai "Assurance" program of 2009.
With the novel coronavirus Covid-19 already creating similar effects to the financial crisis, Hyundai has reinstated its Assurance Job Loss Protection program, and brought Genesis in on it with ...
In December 1993, Hyundai Capital Services [2] was founded under the name Hyundai Auto Finance overlooking automotive and housing finances. In 1999, the company changed its name to Hyundai Capital Services. Hyundai Capital Services started its auto leasing business in 2001 with its inaugural product, "Just Drive."
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The company divested its powertrain division and aftermarket related businesses (now Borg Warner's Delphi Technologies division) in December 2017 and changed its name to Aptiv PLC. [24] In August 2019, Aptiv and Hyundai Motor Group announced plans to establish a $4 billion autonomous driving joint venture [ 25 ] in which the firms would each ...
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