$3375 Kia-Hyundai Class Action 2024 Lawsuit Settlement, Confirmed Payment Dates

See what’s new with the Kia-Hyundai Class Action Lawsuit 2024 Settlement $3,375 Payment Dates And Eligibility. Folks often choose Kia and Hyundai cars since they look good and don’t cost too much. But people who read about the case in the news will be a little less likely to buy a Kia or Hyundai. Keep reading the piece to find out the whole story of the Kia-Hyundai Class Action Lawsuit.

Kia-Hyundai Class Action Lawsuit 2024

Hyundai Motor Group is a South Korean car company that owns both Kia and Hyundai. New York City has sued Kia and Hyundai, along with many other places that are worried about a rise in car thefts linked to social media and a problem with some models of cars that made them easy to steal. There were videos on TikTok and other sites that showed how to use screwdrivers and USB cords to start cars, and these videos went viral.

Parts of some Kia and Hyundai cars sold in the US did not have engine immobilizers, which have been standard on almost all cars since the 1990s and keep the engine from starting without the key. Find out how much you can get from the Kia-Hyundai class action lawsuit by scrolling down.

Kia-Hyundai Class Action Lawsuit Settlement $3375

Kia-Hyundai is the only big car company that no longer makes cars with keys; since 2021, all of their cars have had push-button starters. Theft of cars has gone up a lot over the years, and most of the newest cars don’t have the main reason for it.

A criminal was taking advantage of customers by stealing their Kia-Hyundai cars, so the city of New York took civil action against the company that made the cars. At this point, the court has given the company permission to change the settlement deal. The customers will only be paid if the court gives final approval.

Kia-Hyundai Settlement Payment Dates

Kia-Hyundai has agreed to the settlement and will give all of the customers who are qualified $200 million. The case, which is worth about $9 million, will be over after the settlement. People who had their engine immobilizers stolen will be affected. This amount is the greater of $3,375 or 33% of the value for damage to the car or loss or damage to personal property during these events.

We still don’t know when the Kia-Hyundai Settlement Payment times will be. In February, the company said it would soon release a software update for about 8.3 million American cars that don’t have theft protection immobilizers. This was meant to help stop the rise in car thefts using the famous method that went viral on Twitter and other social media sites.

Kia-Hyundai Class Action Lawsuit Eligibility

You are entitled to the settlement amount if you purchased any of the models we shared on the list while residing in the US.

It’s important to know that the Kia-Hyundai Class Action Lawsuit doesn’t make claims for thefts that have happened or will happen in the future. People who already have a starring well lock from the company, either through a dealer or the police, can get $250 for each car for buying and setting up a glass breaking alarm or theft protection device.

All We Know

The people who were suing each other have agreed to settle. This will save time in court and help those who were hurt. You can get paid in two ways: money or a program upgrade. Some people can’t get new apps. If your car was stolen or tried to be stolen, you can get up to $375 to cover your insurance deductibles and higher premiums because of theft coverage.

Customers who buy and install a glass breakage alarm or other similar theft protection device can get up to $250 back for each car. People in the United States, including those who own certain Kia cars and live in the U.S. Virgin Islands, Puerto Rico, or Guam, can come in and make a claim. There are some cars in the fifty states and the District of Columbia that can’t get the software update but can get money from the fund.