Lawsuits have been brought against Kia and Hyundai, two companies that are part of the South Korean-based Hyundai Motor Group. Concerns about an increase in auto thefts connected to specific automobile models without sufficient security systems have been voiced by New York City and several other cities. Check out the most recent information on the $3375 Kia-Hyundai Class Action Lawsuit 2024 Settlement, including eligibility information and payment schedules. The appealing design and reasonable price of Kia and Hyundai automobiles attract a lot of buyers. Even said, the lawsuit’s recent media attention might sway the choices of potential purchasers. Proceed reading through this article for a thorough synopsis of the Kia-Hyundai class action lawsuit and know the Kia-Hyundai Class Action Lawsuit Payout Dates 2024.
$3375 Kia-Hyundai Class Action 2024
The well-known automaker Kia-Hyundai switched to push-button starters for all its models in 2021. Due to an increase in car thefts, New York City filed lawsuits against the automaker, leading to a preliminary court approval for a settlement deal. The issue arises from certain Kia and Hyundai cars sold in the US not having engine immobilizers, a standard security feature in most cars since the 1990s. This has led to concerns about an increase in car thefts associated with specific car models lacking adequate security measures. With the help of simple equipment like screwdrivers and USB cords, social media users were able to start these cars through videos posted on platforms like TikTok, which garnered enormous public attention. This problem is caused by certain Kia and Hyundai vehicles that are sold in the US without engine immobilizers. As most cars have had engine immobilizers since the 1990s, they keep the engine from starting unless the right key is in the ignition. Read on for comprehensive details regarding the $3375 Kia-Hyundai Class Action 2024 Lawsuit Settlement further for more details.
Kia-Hyundai Class Action Lawsuit Settlement Claim Amount 2024
| Title | $3375 Kia-Hyundai Class Action Lawsuit Settlement |
| Country | USA |
| Lawsuit Case Filing Year | 2022 |
| Approved by Court Premiliary | Late 2023 |
| Exclusive and Objective Last Date | May 3, 2024 |
| Final Approval Hearing Date | July 15, 2024 |
| Claim Submission Last Date | January 11, 2025 |
| Claim Processing Begin | Post January 2025 |
| Kia-Hyundai Class Action Lawsuit Settlement Claim Amount 2024 | $3375 |
| Category | Finance |
| Official Link | https://www.hyundaitheftsettlement.com/ |
$3375 Kia-Hyundai Class Action Lawsuit 2024 : Car Series
People who are the buyers of the below-mentioned car series in the US are entitled to a Kia-Hyundai Class Action Lawsuit Settlement:
| Year | Kia Car Series |
| 2011-2020 | Kia Optima |
| 2011-2021 | Kia-Forte |
| 2011-2021 | Kia Sedona |
| 2011-2022 | Kia Sorrento |
| 2011-2022 | Kia Sportage |
| 2012-2021 | Kia Rio |
| 2020-2022 | Kia Soul |
| 2021-2022 | Kia Seltos |
| 2021-2022 | Kia K5 |
| Year | Hyundai Car Series |
| 2011-2012 | Hyundai Elantra Touring |
| 2011-2014 | Hyundai Genesis Coupe |
| 2011-2022 | Hyundai Accent |
| 2011-2022 | Hyundai Santa Fe |
| 2011-2022 | Hyundai Elantra |
| 2013-2014 | Hyundai Elantra Coupe |
| 2013-2020 | Hyundai Elantra GT |
| 2018-2022 | Hyundai Kona |
| 2020-2021 | Hyundai Palisade |
| 2013-2018 | Hyundai Santa Fe Sport |
| 2019 | Hyundai Santa Fe XL |
| 2011-2019 | Hyundai Sonata |
| 2011-2022 | Hyundai Tucson |
| 2012-20172019-2021 | Hyundai Veloster |
| 2020-2021 | Hyundai Venue |
| 2011-2012 | Hyundai Veracruz |
- It is significant to remember that no past or future thefts are covered by the Kia-Hyundai Class Action Lawsuit.
- Consumers who already purchased and installed a glass-breaking alarm or theft prevention system in their car and who obtained their starring well lock from the firm through the dealer or law enforcement are eligible to receive $250 for each vehicle.
Kia-Hyundai Class Action Lawsuit Payout Dates 2024
- The Kia-Hyundai Class Action Lawsuit Payout Dates 2024 are still unknown.
- The settlement has been agreed upon by Kia-Hyundai, which would provide the qualified customers a total of $200 million.
- The litigation involving approximately 9 million will be resolved by the settlement. Clients who were impacted by engine immobilizer theft.
- The maximum amount for losses or damage to personal goods during such accidents could be $3,375 or 33% of the vehicle’s worth.
Kia-Hyundai Class Action Payout Amount 2024
| Reasons | Kia-Hyundai Class Action Payout Amount 2024 |
| The settlement agreed to a qualified | $200 million |
| Maximum amount for losses or damage | $3375 or 33% |
| Vehicle completely lost to theft | 60% of its Black Book Value |
Submit A Claim Form for $3375 Kia-Hyundai Class Action Lawsuit
- This is the exclusive method for receiving payment or refund.
- To take advantage of the 15-Year/150,000-Mile Extended Warranty, you can install the KSDS update first, if necessary, but it’s not required to submit a claim form.
- Before receiving some Non-Extended Warranty advantages, you have until November 4, 2023, to finish the KSDS upgrade.
- For the majority of benefits, the Claim submission date is July 8, 2024.
- After June 7, 2023, you must submit the claim form within ninety days from the date of the incident or from the date when the costs were incurred.
- Claim Submission deadline is January 2024.
$3375 Kia-Hyundai Class Action Claim Eligibility Criteria 2024
Following Points describe the $3375 Kia-Hyundai Class Action Claim Eligibility Criteria 2024.
- To avoid a drawn-out legal battle and to assist those impacted, the parties to a lawsuit have decided to settle.
- A software update and cash are the two forms of compensation. Not every user is eligible for a software update.
- Theft coverage after a qualifying theft or theft attempt is eligible for higher rates and insurance deductibles up to $3375.
- When buying and installing a glass breakage alarm or other comparable theft prevention equipment, customers can receive up to $250 for per car.
- To file a claim, owners of particular Kia models in the United States, Puerto Rico, Guam, and the U.S. Virgin Islands, may enter.
- Certain automobiles in the 50 states and the District of Columbia are qualified for the fund’s funds even though they are unable to receive the software update.
FAQs On $3375 Kia-Hyundai Class Action 2024 Lawsuit Settlement
The final settlement anticipated date is July 15, 2024.
The maximum payment amount for a loss or damage is $3375 or 30%.
The final date for claim submission is on 11 January 2025.