Does Hyundai Finance Bad Credit?

Woman Using Calculator

Whether you have zero credit or poor credit, you may be wondering “Does Hyundai finance bad credit or am I out of luck?” Luckily, you have plenty of auto financing options at Suntrup Hyundai South. Whether you’re looking for that perfect family-friendly vehicle for Fenton or a nice commuter to get you to work in Mehlville, our experts have years of experience finding affordable and flexible financing solutions to get any customer in a great vehicle. Start browsing our new inventory, because we can show you how car financing works:

Financing with Bad Credit

If you have a less-than-perfect credit situation, you can still find a fantastic vehicle—but there are a few things to keep in mind. You may have to make a higher down payment and you might deal with higher interest rates. Here are a few recommendations:

  • Keep your budget and credit score close: First, be sure to look up your credit score to get a better sense of your financial situation. This will help you set realistic expectations, as well as a budget. Try to get all your loan applications within a 14-day period to avoid hurting your credit score as well.
  • Boost your credit score: If you’re starting from scratch, consider boosting your credit score by paying off smaller bills and loans. This shows a pattern of good financial habits that makes you more trustworthy to lenders.
    • Ask questions: There’s no need to go for the first loan you see. Have patience and shop around to find the best rates possible. Ask questions until you feel completely comfortable with your decision.
    • Consider leasing: Leasing might seem like a higher-priced option initially, but it can also be cheaper over the long run – especially when you want to purchase the vehicle.
  • Budget appropriately: While it’s important to budget well within your means, keep in mind that you will probably need to pay a larger down payment if you have lackluster credit.

Hyundai Shopper Assurance Program

If you’re worried about your upcoming purchase, consider taking advantage of the Hyundai Shopper Assurance Program for peace of mind. You’ll get:

  • Test drives at the location of your choice
  • Three-day money-back guarantee
  • Online paperwork for your convenience
  • MSRP clearly listed for transparency

Find Your Next Car at Suntrup Hyundai South

Ready to get started? Apply for financing to take the first steps toward cruising through Afton in a new vehicle.

Suntrup Hyundai South 38.5214875, -90.3452578.