Hyundai Plans to Help Federal Employees out by Deferring Payments

Hyundai has announced that it plans to help out all federal employees who find themselves out of work with the government shutdown. The automaker has launched a new payment deferral program aimed specifically at furloughed federal employees.

The program will extend all loan and lease payments during the shut down for current owners affected by the ridiculousness in Washington. “We recognize the impact on family budgets that the furlough will drive,” said John Krafcik, president and CEO of Hyundai Motor America. “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 says that it’s estimated over 800,000 workers will get paid during the shutdown. Obviously, to take advantage you have to be a federal employee and your vehicle has to be leased or financed through Hyundai Finance America.

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