As your friendly neighborhood Hyundai dealership, at Conicelli Hyundai we get a lot of questions from potential customers about how they’re supposed to buy a vehicle from us without a pristine credit score. Our response to them is that over 90% of the people who apply for financing through our esteemed finance department end up getting approved, and that includes plenty of people with less-than-stellar credit scores.
While it is true that people with great credit are bound to get the sweetest interest rates, we have ways of helping all sorts of different people get the financing they need for a new or pre-owned Hyundai automobile.
So, to clear up some confusion, here’s what you need to know if you’re looking to finance a car despite an imperfect credit score:
- · You don’t necessarily need a down payment. It’s possible to walk in with $0 and walk out with a great new car.
- · No credit score is too low for approval from one of our 20+ lenders.
- · You don’t have to be currently employed to be approved for a loan. You need some sort of income, but that could be permanent disability or child support; it doesn't necessarily have to be a job. It’s worth noting, though, that the more income you have, the more money you can be approved for.
- · Even if you have no credit, we have some great first-time car buyer programs that have proven to be very helpful for many young drivers.
Perhaps most importantly, though, is that it is possible to have low monthly payments even if you’ve got bad credit. If you’re looking for great new Hyundai cars near Springfield, we want to make sure Conicelli gets you the financial help you need, regardless of what your credit score is.
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Finance
