AutoNation to Cover Car Payments for Laid-off Workers

AutoNation to Cover Car Payments for Laid-off Workers

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auto-nation.jpgAuto-dealership franchise AutoNation said Wednesday that it will cover car payments for up to six months for buyers who lose their jobs, similar to a provision pioneered by the automaker Hyundai in its Assurance Plan. Called Payment Protection, the plan began at 33 Florida dealerships. The company is considering offering it nationwide. The plan requires an initial 90-day waiting period.

(Read more at Reuters)

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