AutoPlus Launches Responsibility Compensation Program for Flood-Damaged Vehicles

[Asia Economy Reporter Suyeon Woo] Autoplus announced on the 28th that it will run the 'Flooded Car Liability Compensation Program' for consumers purchasing direct-sale used cars until September 30.

This program offers a full refund of the vehicle price and compensates 300% of the acquisition tax if a direct-sale used car purchased from Autoplus is found to have a flood history within 90 days.

An additional compensation of 3 million KRW is also provided, which is the largest compensation amount in the industry. However, cases where rainwater entered through open car doors or sunroofs are not considered flooded cars, and vehicles flooded after purchase are excluded from compensation. Additionally, customers who purchase a used car due to their previous vehicle being flooded receive a discount benefit of 300,000 KRW.

This 'Flooded Car Liability Compensation Program' was established to alleviate consumers' concerns about purchasing used cars with flood history amid the longest rainy season ever recorded and to enhance trust in Autoplus's direct-sale used cars.

Autoplus's flooded car liability compensation program can be applied for through the customer center, and if a vehicle is determined to be flooded after submitting a report from the vehicle manufacturer's service center, the compensation process will proceed immediately. Detailed information related to this can be found on the official Autoplus website.

Autoplus offers only high-quality direct-sale used cars that have undergone a strict selection and thorough refurbishment process at ATC, the largest in-house reconditioning factory in Korea certified by the globally renowned quality certification body, Germany's T?V S?D (TUV SUD).

Yang Kyung-deok, Executive Director of Autoplus Platform Business Division, said, "Amid growing distrust and concerns about used car transactions due to large-scale flood damage, we launched this program to build comprehensive consumer trust with a reliable program that customers can trust and trade with confidence."

This content was produced with the assistance of AI translation services.