Was out of town and of course Sedgwick called me like 20 minutes after I left home on Friday (ironically I was of course driving my Kona). Anyway, if anyone is starting the process and wants to get a feel for how long everything takes, here is my experience so far:
Quick summary of time line
- 5/7 contacted Hyundai Corporate and mentioned my issues with their lack of a remedy. They opened a case.
- 5/11 Corporate Hyundai called me and I again went over my complaint. She then asked if buyback was something I'd consider, I said yes, she said get the P29 and we'll be able to proceed. I said I already have an appointment for that on 5/12, they said good.
- 5/12 Got the P29 update (and all others)
- 5/13 Hyundai corporate followed up with me (she called me, as she said she would when we talked on 5/11) and confirmed now everything I needed to do for this step was complete, my car is eligible for buy back, she emailed me a formal letter saying they want to buy the car back, and she told me she was forwarding all paperwork to Sedgwick. She said I wouldn't hear from them for 1-2 weeks.
- 5/14 I received the $200 gift card from Hyundai for applying the P29 update on 5/12
- 5/19 I called Sedgwick to rattle a few chains. Was told I'm in the system but they do not have all paperwork from Hyundai yet. They said once they receive all paperwork they're required to call me within 24 hours.
- 5/21 Sedgwick called me, the person who is now handling my case is who called, he gave me the run down on how it'll work and told me to send him the title, registration, etc. He said the entire process should take 4-5 weeks. Once he has all the papers, he hands off to a different team at Sedgwick, they come up with a value/offer, and go to Hyundai for approval. If Hyundai approves, Hyundai makes a formal offer to me at that point. If I accept, Sedgwick coordinates me meeting a transfer agent at a dealership to turn over the vehicle.
That's where I'm at (well except that I sent all my paperwork to Sedgwick today)
So, in summary:
I opened the case with Corporate. 2 (business) days later Corporate called me. 2 days after that Corporate called me and said I'm eligible for buyback and everything is being handed off to Sedgwick. 8 days later Sedgwick contacted me and said they had formal approval from Hyundai to proceed and asked me to send them my receipts, which I've now done. So I'm waiting on Sedgwick again at this point. So far so good.