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Hyundai Finance Unit Settles for $335K Over Illegal Repossessions of Service Members' Vehicles

The U.S. Department of Justice has resolved claims against Hyundai and Kia's finance arm for violating the Servicemembers Civil Relief Act by repossessing cars without court orders.

  • Hyundai Capital America illegally seized 26 vehicles from U.S. military members from 2015 to 2023.
  • The finance arm failed to obtain necessary court permissions before repossessing vehicles, breaching federal law.
  • Affected service members will receive $10,000 each plus compensation for lost vehicle equity.
  • Hyundai Capital America has committed to enhancing compliance with military service protection laws.
  • The settlement includes a $74,941 payment to the U.S. Treasury to support public interest.
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