At O’Brien Hyundai of Normal, we’re all about getting you an awesome deal from start to finish. If you’re looking to buy a new or pre-owned Hyundai car, you’re going to need to know how to finance it. Today, we want to provide you with a simple overview of the financing process, and how we work to provide you the best deal at every turn of the process.
At its root, the financing process involves you taking out an auto loan so you can pay for your 2020 Hyundai Elantra or any other new or pre-owned Hyundai you might want to buy. You, the dealership, and the financial institution providing you with the loan decide upon the length of the loan, in which you will make monthly payments to the institution until the loan is paid. The amount of money you’re paying is dependent on a few things, such as the interest rate on the loan, your credit score, the price of the car, and the amount of money you put forward as a down payment. Our Hyundai financing center works with you and your budget to find a price that works for you and your wallet.
If you’re looking for an easy way to bolster your down payment, then consider trading in the vehicle you’re currently using to add to its value. We always make sure to give you the best price for your trade-in, so you can see your monthly payment drop to something that your wallet will really enjoy.