Hyundai Auto Finance Services

When it comes time to purchase a new car, most shoppers opt to finance their purchase. Financing your vehicle purchase allows you to purchase a car without shelling out tens of thousands of dollars upfront. Instead, you can break up the cost of your vehicle into affordable monthly payments.

If you do decide to finance your vehicle purchase, our in-house team will be glad to help you. While you can choose your own outside lender, you can also finance your purchase right at the dealership through Hyundai Auto Finance. Let's take a closer look at what Hyundai Auto Finance is and why it might be the right choice for your next vehicle purchase.

What is Hyundai Auto Finance?

Hyundai Auto Finance services are available directly at your local Hyundai dealership. This financing option is provided by Hyundai as a convenient way to apply for and receive funding for your vehicle purchase.

You can choose from several different financial products, including a loan or a lease. Hyundai Auto Finance offers financing for both new and used vehicles, and for borrowers with good or bad credit.

Hyundai Finance Interest Rates

The interest rate that you get on your auto financing will impact how much you pay each month, as well as how much you pay over the length of your loan. The interest rate that you receive will vary depending on your personal credit, the vehicle that you're purchasing, the national interest rates available, and whether or not any promotions are available.

The financing department here at Mtn. View Hyundai will work with you to get you the best possible interest rate.

Credit Score Requirements

One factor that will impact your financing options is your credit score. Having a good credit score and a strong credit history can help you get a better interest rate. However, having a bad score doesn't necessarily mean that you won't be able to secure a loan. Financial options are available for those with poor credit. In fact, getting an auto loan and making your payments on time can be a good way to start rebuilding your credit score.

Hyundai Finance Payment Tool

To make it easier to understand what type of vehicle you can afford, Hyundai provides a convenient Finance Payment Tool. This allows you to enter the price of the vehicle, the down payment or trade-in value you have, and the interest rate you expect to receive. The tool uses this information to calculate what your monthly payments would look like. You can use this, alongside your monthly budget, to make a smart decision about what vehicle is right for you.

How to Apply for Hyundai Auto Finance

If you decide to utilize Hyundai Auto Finance for your next vehicle purchase, there are a few options for taking the first step. One is to apply for financing online. You can fill out a free credit application directly from the dealership website. This can be a great strategy because it lets you know upfront how much of a loan you are likely to be approved for and the interest rate you can expect to get. Having this information upfront can help you avoid shopping for vehicles that are outside of your budget.

You can also apply for financing directly at the dealership. You'll need to bring some personal information with you, like your social security number, proof of income, a driver's license, proof of residence, such as a utility bill, and information about your current vehicle if you plan to trade it in. Applying for financing in person means getting access to our experienced and helpful finance department, who will walk you through the process and help you to understand your options.