NY Hyundai Finance | New York Car Financing


Getting a new car - or a used car that is new to you - is a very exciting endeavor! In a perfect world, we could all stroll right in and lay a bunch of cash on the table, but for most people, a car loan is the more appropriate way of purchasing a car. South Shore Hyundai your local Garden City Hyundai Dealer in New York is here to help you to obtain a loan to get you on the road in the car of your dreams. Here are just a few tips on how to be ready!

  • Proof of income - In most cases, in order to qualify for a car loan, you'll need to show that you have a steady source of income. Pay stubs or bank statements are usually considered sufficient, though your employer may also be called for verification.

  • Proof of identity - It only makes sense, we need to know who you are! You will be asked to provide a form of photo ID with your signature on it. You should also be ready with a current utility bill in your name which is registered to the address on the photo ID, and current bank statements for the past two months, also in your name. Other forms of ID may be acceptable, just ask us if you need assistance.

  • Proof of residence - Utility bills work well for proving your current home address.

  • Proof of insurance - You'll need to have proof of insurance for your new vehicle purchase before you'll be able to take out a loan for it. Here at South Shore Hyundai we can assist you with finding an insurance policy that will put the keys in your hands! Come in to speak with our team of experts to learn more.

  • Trade-in documentation (if applicable) - If you have a vehicle to trade in, please bring the applicable documentation - title and registration papers, and any other documents needed to prove ownership and help the lender determine the worth of the vehicle.

  • Credit rating - A good credit score is important to get the best terms for your loan. The higher your credit score, the lower the interest rate you will qualify for, so it is wise to maximize your score before applying for a loan. However, if you are unsure as to where you stand, or how to best improve your credit rating if necessary, come in to talk to us. We are happy to assist.

  • Down payment - Saving money for a down payment is a positive sign for lenders and will allow you to obtain a lower interest rate, which will lead to lower monthly payments.

At South Shore Hyundai, we know that obtaining financing can be the most nerve wracking part of buying a car. We want to assure you that our experienced team will be with you every step of the way, to guide you, give you advice and tips and help you with documentation. Come in today to discuss your NY Hyundai Finance options. We want to get you in the right car, for the right price - and get you on the road!

Nassau County Hyundai Finance
Categories: Finance

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