If you’re planning to purchase a vehicle, chances are that you are looking into getting a car loan. There are many different Car Loan and Financing Options that may be available to you. The biggest differences between different car loan terms are the interest rates and lengths.
Of course, everyone is looking to get the lowest interest rate possible. Unlike the length of the payment agreement, car buyers cannot simply choose their interest rate. However, prospective car buyers can compare interest rates from different lenders. Helpful financing professionals like the staff at the Springfield Hyundai car dealership will contact various lenders for you to get the best interest rate possible.
There are several common lengths of payment agreements for car loans. These popular terms include 36-, 48-, 60- and 72-month agreements. Many lenders are starting to offer 84-month terms, which are generally only available on new vehicles. While the longest terms will result in the lowest monthly payments, prospective buyers should keep interest in mind. The longer it takes them to pay off their car loan, the more interest will accrue.
Come into the Springfield Hyundai car dealership in PA’s suburbs to learn more about your car loan options. Speak to our well-informed finance professionals today.
Motorists in the Springfield area who are looking for a New Hyundai Vehicle may be interested in obtaining a car lease. Leases are a popular alternative to car loans because they usually have lower monthly payments. How much lower the monthly payments may be depends on the vehicle, the mileage specified, and on the length of the lease. As a general rule, the monthly payments for a lease agreement may be 25% lower than the payments for an equivalent car loan.
There are some important differences between car loans and car leases. Car leases have mileage specifications, commonly 10,000, 12,000 or 15,000 miles a year. The most common length of a car lease is 36 months, significantly shorter than the average car loan.
If you’re looking for a car lease, Philadelphia-area dealer Springfield Hyundai has a finance center staffed with experienced professionals. Meet with us today and get all the info on the car lease terms available to you.
Trading in a vehicle is a vital part of the financing process for many buyers. At some other dealerships in the Philadelphia area, trading in a vehicle can be a long and inconvenient process. At Springfield Hyundai, we’re committed to streamlining the trade-in process as much as possible. This is why our website offers a quick and easy trade-in estimate. All you have to do is put in your vehicle’s info and we’ll give you an estimate on its trade-in value. When you’re ready to purchase your next vehicle, bring in your estimate with your current vehicle. We’ll perform an inspection and finalize your trade-in offer.
Kickstart the Trade-In process on the Springfield Hyundai website today. Get your estimate and come in to get your trade-in credit.
The Springfield Hyundai website also offers a fast and easy Financing Pre-Approval function. You can browse the New, Pre-Owned, and Certified Pre-Owned inventory on our website from the comfort of your own home. When you find your next dream car, simply complete the financing pre-approval application. Our finance staff will contact you when your application has been processed. Come into our finance center and we’ll work to get your final financing approval so that you can drive away in your dream car.
Drive away in your new car that much faster when you get pre-approved for financing through the Springfield Hyundai website today.
Drivers in Springfield, PA, Wilmington, DE and elsewhere in the Springfield, PA area are welcome to visit the finance center at Springfield Hyundai. Our warm and friendly staff are eager to help you out with any questions you may have. It’s our mission to get drivers into their dream cars, so we want to make your automotive dreams come true. Whether this involves getting a car loan on a New, Certified Pre-Owned or Used Vehicle or leasing a new Hyundai model, we’ll work tirelessly to get you into the vehicle you want.