Here’s how it works…
1. Buy a vehicle from Langenburg Motors.
You get one year of complimentary walkaway coverage. Within 10 days of purchasing your vehicle you can choose to extend your coverage for the full term with more benefits.
2. Something unexpected happens.
You get sick, have an accident, become unemployed or experience another life changing event and it is no longer practical to keep your vehicle.
3. You return your vehicle without penalty.
Depending on your coverage*, you can:
- Return your car without penalty of damaging your credit.
- Keep your vehicle while Walkaway covers your payments
*certain conditions apply: coverage ranges from $7,500 – $25,000
Why you need it.
Unless you have a substantial down payment or equivalent valued trade-in, your vehicle loan or lease is always greater than the value of your vehicle throughout most of your term. This can leave you vulnerable should you hit an unexpected rough patch and no longer be able to make your payments.
Walkaway covers the difference between your car’s value and what you owe the financial institution – up to $25,000. It lets you ‘walk away’ without any impact to your savings or credit rating.
For more information, ask our Finance Manager today!