Hyundai Car Financing FAQS

What credit score do I need to qualify for financing?

Hyundai financing is available to a wide range of credit profiles. While a higher credit score typically secures better interest rates, our finance team works with individuals of varying credit backgrounds to offer competitive terms.

Do I need a down payment to finance a Hyundai vehicle?

A down payment is only sometimes required, but it can lower your monthly payments and reduce the total cost of financing. Special promotions may offer low or no down payment options.

Can I trade in my current vehicle as part of the financing process?

Yes, you can trade in your current vehicle and apply its value toward your new Hyundai purchase, which is an excellent way to lower your down payment or monthly payments.

What is the difference between leasing and financing?

Leasing allows you to drive a Hyundai for a fixed period with lower monthly payments. At the end of the lease, you can return the car, purchase it, or lease another vehicle.
Financing involves buying the vehicle with a loan and making monthly payments until the loan is paid off. Once completed, you own the car outright.

What documents do I need to apply for Hyundai financing?

To apply, you’ll typically need:
A valid driver’s license
Proof of income (e.g., pay stubs or tax returns)
Proof of residence (e.g., utility bill)
Insurance information Information on any trade-in vehicle (if applicable)

How do I determine my monthly payment?

Your monthly payment depends on factors such as the loan amount, interest rate, loan term, and any down payment or trade-in value. You can use our online payment calculator to see an estimate of your costs easily!