Rossen Reports: Major car companies offer payment relief during coronavirus outbreak

Some manufacturers are delaying payments or paying the bill for you


Many Americans are worried about paying their bills — and that includes car payments. Now some of the big car companies are offering relief by delaying payments or even paying the bill for you.

Ford, General Motors, Toyota, Fiat-Chrysler, Nissan, Lexus and Hyundai are all offering “delayed" or "rescheduling" payment options on a case-by-case basis, if you call and discuss your options.

If you're in the market for a new car, some companies are offering even bigger incentives. General Motors and Fiat-Chrysler, for some of their vehicles, offer interest-free financing for 84 months with deferred payments for up to 120 days. Ford, Hyundai and Nissan give you the option to delay the first payment for 90 days. And if you purchase a Hyundai vehicle and lose your job, the company will make up to six months of payments for you. To qualify, you have to purchase or lease a car between March 14 and April 30.

Find more information from the manufacturers here: