Withnell Hyundai Finance Center in Salem, OR

Affordable Hyundai Leasing and Auto Loan Options in Salem, OR

If you are looking to get approved for your next Hyundai, you're in luck. Withnell Hyundai has an available finance center to help find you an incredible deal on the Hyundai you want today. Our finance team has years of experience right here in Salem, OR, and we will work to help find you an amazing offer in no time. We strive for your satisfaction, and our goal is to get you on the road within your budget. Whether you're in the market for a new Santa Fe, Ioniq, Elantra, Kona, or Accent, let us pair you with your new Hyundai today.

Why Finance Here?

We have finance experts available and ready to assist all of our Keizer and Woodburn customers. If you are considering buying or leasing, we want to walk you through all of your available financing options quickly and easily. Our team doesn't believe past credit mistakes should keep you away from the new Hyundai you deserve. We will work to find you the best offers for your specific situation to get you behind the wheel of your new Hyundai today. Customers looking to save time can also start the financing process from home by completing a secure and simple online finance application in minutes.

Visit Withnell Hyundai Today!

Whether you're in McMinnville or Albany, make the short drive over to Withnell Hyundai for affordable leasing and auto loan offers on our new inventory. We also offer our customers free appraisals on our available used car options as well. Contact us to schedule a trade appraisal appointment or stop by the finance department at Withnell Hyundai for more information on our available finance options today. Come see why so many customers have made us their local new Hyundai dealer.

Contact

Withnell Hyundai

1996 Mission St Se
Directions Salem, OR 97302

  • Sales: (888) 670-5792
  • Service: (888) 676-3537
  • Parts: (888) 704-8333

Hours

  • Monday 8 AM - 8 PM
  • Tuesday 8 AM - 8 PM
  • Wednesday 8 AM - 8 PM
  • Thursday 8 AM - 8 PM
  • Friday 8 AM - 8 PM
  • Saturday 8 AM - 8 PM
  • Sunday 12 PM - 6 PM

FAQ: Everything You Need to Know About Financing Your Next Vehicle

So you've finally made up your mind. You've decided to stop pushing that old sedan, truck, or SUV that's already long past its lifespan and are making a much-needed upgrade. Great! Now it's time to figure out the part of the car buying process that just about every Salem OR, Keizer, and Woodburn driver laments; paying for it.

While vehicle come with a high price tag, there are affordable ways to fit them into your budget, which is where financing comes in. If you're thinking long-term ownership for your next vehicle, then you've come to the right place. Here's everything you need to know about financing your next vehicle.

What is financing?

Let's start with the most obvious question. Financing is the process at which you pay a monthly amount towards the total price (the MSRP) of a vehicle with the end goal being your complete ownership over the vehicle.

What options do I have when it comes to financing?

While you can borrow directly from a bank, Withnell Hyundai offers a range of financing options to our customers around McMinnville and Albany OR thanks to our many connections with banks and lenders on both a regional and national level.

What are the benefits of financing through Withnell Hyundai?

We take much of the paperwork and stress that comes with figuring out how to finance a vehicle and streamline it into one easy and convenient process. Our connections with banks and lenders give you a comprehensive look at all your options that you can't get on your own. On top of that, we occasionally offer rate specials and manufacturer incentives by financing through us.

What is APR?

APR stands for annual percentage rates, and in layman's terms, it's a percentage that represents how much it will cost you to take out a loan. It factors in the total interest you will pay throughout the loan, any fees for taking out the loan, and how long you have to pay it back.

Is it better to have short-term or long-term credit contracts?

The answer to this question depends on your situation, but how they work goes something like this:

  • Long-Term: Your monthly payments will be lower, but your interest rate will be higher. Since you'll have monthly payments over a longer period, you will likely end up paying more than the car is worth due to depreciation.
  • Short-term: Your monthly payments will be higher, but you'll have lower interest rates, and you'll be able to pay off the car quicker than you would otherwise. Plus, the lower interest rate means you will pay less in the end.

Is it possible for me to get 0% APR?

Potentially; it depends on your credit history and current income. If you have a low credit score, chances are slim you will be approved for a loan with no interest. However, if you are qualified for one, it's worth noting that these sorts of loans come with very short terms (generally 24-36 months). Hence, your monthly payment will be high, so it's vital that you weigh the pros and cons before going in on 0% APR.

Can I get pre-approved for financing?

Yes, absolutely you can. If you're unsure about your credit score, we encourage you to pre-qualify for financing before applying for credit. This will give you the clearest view of where you stand in terms of your credit.

What's the difference between being pre-qualifying for financing and applying for credit?

Pre-qualifying for credit means that a lender has reviewed for qualifications and has found you to be a worthy candidate for a loan. Applying for credit is the process of actually trying to acquire the loan you are qualified for.