Learn Your Car Financing Options in Downingtown

 

There are lots of different options drivers have when it comes to financing a new Hyundai or used car here at Colonial Hyundai of Downingtown. Our finance team is here help and guide you through the whole process. We want to give you a thorough accounting of what you can expect and your options when you decide to buy or lease and finance your next vehicle.

Lease a New Hyundai

If you're looking to get behind the wheel of a brand new vehicle and want the flexibility both in terms of the amount of time you'll drive it to the potential for a lower monthly payment with less money down, leasing is an option. With a new vehicle lease, you're ageing to pay the monthly payment over a set period of time while also adhering to many easy to follow wear and use guidelines. When the lease is up you can either enter a new lease in a brand new Hyundai, or you can purchase your leased vehicle at its remaining residual value and finance the rest of the payments owed, or go in a different direction. You've got plenty of choices and for people who enjoy flexibility and having the latest vehicle features and technology, leasing is a good place to start.

Buying Your Vehicle Through Financing

If you're thinking long term vehicle ownership, we often recommend buying. That's because you can control how much you put down as a down payment, and then with our help we can work with your local bank or credit union or find a number of different lenders who can offer you financing in the form of a car loan. We'll help you understand it all from different interest rates and the terms of the loan, which can be anywhere from three to five years depending on what you want to do. When you are able to secure a loan on any one of our new Hyundai vehicles or a used car here in our showroom, you're making an agreement with the lender to pay the loan until you have no more payments, then the vehicle is yours. Like we said, it's something for people thinking long-term of if you're looking to buy used and given how many of us know to take proper care of our vehicle and the vehicle quality of Hyundai is high and long-lasting, it makes a lot of sense to buy for those who know they'll drive their vehicle for a long time. Even better, once you pay off your financed car loan, you get the title and own your vehicle with no more monthly payments.

Trade In Your Current Vehicle to Apply Toward New Hyundai Purchase

<>If there's one common thing everyone who owns a vehicle does it is that they trade in their current vehicle and get value toward the purchase of a new one like the Hyundai cars and SUVs we have in our Downingtown, PA showroom. Here in our showroom we can provide you with an estimated value for your vehicle, and there are many tools out there to let you know the resale value of your trade-in. During the finance process if you wish to trade in your vehicle, we can apply that toward the final price with all things considered such as your down payment and the car loan you've secured. Knowing what your trade-in value range is ahead of time also gives you a good idea of what you'll need to secure in financing and you'll be prepared during the process, which we always encourage.

 

If you have any questions, reach out and we'd be happy to provide you with all the details and arrange a time to meet today.

Categories: Finance
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