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Return Pink Slip If Pink Slipped

January 8, 2009 by Bryan

Return your HY if laid off - Cheaplander.comOh yeah. So if you happen to get a pink slip (daddy) and then you get pink-slipped (laid off), you actually have a chance of returning that car. If it was a Hyundai.

Let me back up. Pink slip = title to a new car. “Daddy” refers to the Beach Boys song (Little Deuce Coupe), of course. “Pink-slipped” = what happened to me in 2002. I.e. “getting the shaft.” Being replaced by a worker bee from India. You know.

But yes, Hyundai has introduced a program where if you experience a job loss within 12 months of buying a new Hyundai, you can return the car! I forget how much you’re responsible for, but it also depends on the depreciation of the car between the time you buy the car and the time you’re laid off. Hyundai will pay the difference between the car’s trade-in value at the time the owner experiences the job loss and any remaining balance on the loan up to a maximum of $7,500. Of course, if you QUIT your job, you’re SOOL. I love abbrevations. That’s “Stupid Out Of Luck.”

There’s all sorts of fine print, I’m sure. Read it. I probably won’t. I’m still blinded by the negative connotations the word Hyundai always had among friends in high school and college. For one, it was sorta like, hey, couldn’t you get a more original name (than copying “Honda”)? They were also said to be constructed pretty poorly. But they’re probably much more respectable now, times change.

Sorry about the confusing post. I promise all future posts will be less confusing. More or less, at least. Ha.

Source: Cnnnnnnnnnnn

[Editor’s note: It seems I’ve really underestimated how much people like lottery tickets. See the poll.]

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