Hyundai Finance & Bad Credit Financing

Finance Paperwork with Glasses

Whether you have a low credit score or non-existent or short credit history, you might be worried about securing financing on a new Hyundai or pre-owned model. However, at Green Family Hyundai, we’re happy to work with buyers looking to purchase Hyundai models – both new and used – regardless of their previous credit history. With a team of friendly finance experts, backed up by a knowledgeable sales team, we’ll gladly help you learn more about the options at your disposal in Moline here.

Get Better Rates and Save Near East Moline

Before you apply for financing at our East Moline area dealership, it’s important to consider that you might have a higher down payment, and your interest rates may come in above average if your credit score is low. So expect your price to be a little high and budget with room to spare accordingly. We’ve got a payment calculator that can help you figure out your true budget.

Also be sure to keep these points in mind:

  • Ask questions and don’t assume you won’t be approved. As you shop for a new model, you might be tempted to take your first offer. However, you might have more than one and be able to shop around.
  • Revive your credit score. Build your bad credit back up using a credit card on small bills that you immediately pay off.
  • Know your budget and your credit score (if you have one). As you’re applying for financing, your credit score can fall. Keep all of your loan applications within a 14-day period to limit potential damage to your score.
  • Separate price negotiation from financing. The first offer won’t be the only one. Many dealerships consult with multiple lenders.
  • Be prepared for a higher cost. Higher interest rates and larger down payments are both possible if you have no credit.
  • Leasing might be a better option. Look into options on lease terms. These payments might be higher, but can be cheaper in the long run when you attempt to purchase a vehicle.

When you take these factors into account, then Hyundai financing and bad credit financing will be much more manageable for your Rock Island-area budget.

Steps To Take When Applying for Hyundai Financing

Once you’ve gone to apply online for Hyundai financing, take a few additional steps to make sure you’re in the best position possible. You’ll know quickly what your best financial decisions should be:

  1. Determine how much you can afford to pay per month based on your budget.
  2. Make a bigger down payment if possible.
  3. Try to clean up your credit report before applying for a loan.
  4. Be honest about what kind of car you should buy, and don’t get more than you need.
  5. Consider lease deals, used car specials, and new car programs and incentives.
  6. Ask questions!

Hyundai Shopper Assurance

If you’re worried about the buying or leasing experience, take comfort in the Hyundai Shopper Assurance program, providing:

  • Price transparency, with MSRP clearly listed on the Hyundai website
  • Flexible Test Drive ability, where you pick the location for your test drive through an app or Green Family Hyundai directly
  • Online paperwork, for a minimal amount of time spent in our office
  • Three-day money-back guarantee

Find Value in the Rock Island Area with Green Family Hyundai

At Green Family Hyundai, we’re always ready to help with any questions you may have about Hyundai financing and bad credit financing. With our flexible terms, and solid advice, we can help you find the perfect vehicles that meet their budgets and unique needs. Contact us and stop by our showroom in Moline to learn more about Hyundai bad credit financing. Also be sure to calculate your monthly payments with our team!

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