Free 12 month redundancy guarantee by Fiat

[brightmotiv]

Not seen this before today:

https://www.fiat.co.uk/job-loss-protection-offer

Quite innovative, may tip the balance for some towards a new car/lease rather than a used purchase.

Is this desperation on part of manufacturer/irresponsible lending/creating a bigger bubble to burst or am I just cynical?

“- Provided as part of your finance agreement, completely free of charge.
- Valid for the first year of your car finance package.
- Peace of mind that your monthly car repayments will be covered should you lose your job, meaning reduced financial pressure while searching for new employment.”

[anonymous-user]

It’s just a form of income protection insurance they’re bundling in with the car, innovative packaging of a well established product is all.