We've Got Great Financing Options for Your Next Hyundai Vehicle

In some ways, finding the right financing package for your vehicle is almost as important as the vehicle itself. After all, your financing package will determine how much you ultimately pay for your vehicle in Jacksonville after you factor in the down payment, interest rate, and loan term. That's why we at Key Hyundai want to explain the financing process at our dealership to ensure that you're prepared to get the best deal on the car of your dreams around Ponte Vedra Beach.

Fantastic Vehicles to Choose From

Let's talk about the excellent vehicles that you can choose to finance at our dealership before we go any further. Buyers love new Hyundai vehicles due to their striking exterior designs, exceptional interior comfort, and industry-leading warranty. If you aren't familiar with the Hyundai manufacturer warranty, let us introduce you. While most manufacturers limit their powertrain warranty to five years, the Hyundai powertrain warranty is good for ten years and 100,000 miles. In terms of a bumper-to-bumper warranty, Hyundai takes the cake with its five-year 60,000-mile warranty that far exceeds most other manufacturers' warranties.

Hyundai makes multiple car and SUV models that people around Jacksonville Beach enjoy driving. Hyundai manufactures the Accent, Elantra, and Sonata cars alongside the Venue, Kona, Tucson, Santa Fe, and Palisade SUVs. Each of these vehicles offers a different size so that you can find something that matches your current needs.

What Goes Into a Financing Decision?

At our dealership, we don't want the financing process to be mysterious. That's why we want you to understand the basic components that go into a financing decision. One factor in a financing decision is your current income. When you fill out our online finance application, you will be asked to list all of your current income sources. This includes income from any jobs you have in St. Augustine, child support income, and a few other sources you'll find on the application.

Lenders also want to understand your debt-to-income ratio. If this ratio is low, meaning that you have very little debt than your income, lenders see you as a lower risk and tend to offer you a lower interest rate. Lenders also want to know your credit score, representing many factors related to your financial history and current financial situation in Jacksonville. These and other details are weighted differently by different lenders, which is why we work with multiple lenders to ensure you get a fair offer to receive a great financing package.

How Do I Apply for Financing?

We have two great options that make it easy to apply for financing at our dealership. If you prefer, we can walk through the application with you in our dealership after choosing a vehicle. Many buyers choose to fill out our online finance application to have the information we need when you arrive at our dealership. We constantly listen to customer feedback in Orange Park to ensure that this application is easy to understand. This means that you can fill out our finance application even if you don't have an accounting degree. Once you've completed the application, simply tap or click "submit," and we'll immediately go to work to find the best financing options for you.

What Are the Advantages of Financing?

While many people assume that buying a car with cash is the best option, there are several key advantages of financing your vehicle that might make this a better option. One advantage is that you have a predictable monthly payment during the term of your loan. This will lower the amount that you spend upfront to have more money to spend on other things. Plus, taking out and successfully paying off a loan can help build your credit, typically with a lower interest rate than a credit card.

Visit Key Hyundai in Jacksonville Today!

To learn more about our financing options, reach out to us at Key Hyundai in Jacksonville by phone or through our website.