While some drivers can afford to pay for a new Hyundai in cash, the majority need to take out a loan and figure out a financing plan. This may sound like an intimidating thing to figure out, but here at our Hyundai finance center, we have a team of friendly experts waiting to assist you with all your car financing needs. Here is a brief overview of how car financing works at Mike Miller Hyundai.
Car Financing Options
When you choose to finance a new Hyundai car, you will have two financing options: direct lending and dealership financing.
With direct lending, you can borrow money from a bank, finance company, or a credit union. You will agree to pay the amount financed, plus a finance charge, over a period of time. Direct leading allows you to comparison shop and get your credit terms in advance.
Another car financing option is dealership financing. If you choose this option, you can apply for financing with us here at our Hyundai finance center. You and our dealers can enter into a contract where you buy the car from us and agree to pay the amount financed plus a finance charge over a period of time.
Our Hyundai Finance Center
Our finance representatives make financing a new or used Hyundai car as stress-free as possible. You can start your finance application right here on our website by filling out your contact information, income information, and any information about the desired loan. We only work with respected local financial institutions and some of the nation’s top auto lenders to get you the best possible rate.
Stop by our Peoria, IL car dealership today to shop our selection of new and used Hyundai cars today!