Finance Center Twin City Hyundai serving Knoxville TN

Welcome to Hyundai Loan & Lease Center

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Visit Our Hyundai Finance Center

If you're looking for your next vehicle, consider the options available at Twin City Hyundai. At our Alcoa, TN lot, we carry a large inventory of new Hyundai cars that offer high-tech equipment, reliable safety innovations, and other practical amenities, not to mention a host of new Hyundai electrified models,pre-owned models and Certified Pre-Owned Hyundai models. The selection ranges from compact cars to large SUVs, and we'd be happy to help you find something that meets your needs. In addition, we can get you set up with a great deal whether you'd prefer to finance a vehicle in the greater Maryville, TN area or lease a model from our dealership.

Car Loan Versus Leasing

When deciding whether to apply for a loan or lease, think about the expected time frame for driving your new Hyundai around the greater Knoxville area. If you anticipate using your Hyundai for some time, financing a new vehicle might serve as the best strategy. In comparison, leasing a Hyundai would work well if you'd like to drive your vehicle for just a few years before getting a new one. Another factor has to do with your budget. Both financing and leasing can help you afford a Hyundai car or SUV, but financing typically requires a down payment, in contrast to leasing. Plus, leasing may involve lower monthly payments.

Have a Vehicle to Trade In?

We can take a look at the vehicle you're currently driving around Oak Ridge if you're interested in trading it in. We'll give you a competitive price and a hassle-free way to transition to a new model.

Contact Us for More Information

Whatever your priorities may be, our finance team is ready to offer you an affordable loan or lease deal. You can apply for a loan right from our website, shop our new models by payment, explore our new Hyundai specials, or even take advantage of our featured pre-owned deals. Please reach out with questions at any time, and call to schedule an appointment to review your options. We'd love to arrange a test drive around Sevierville for you.

Factors to Consider When Financing a New Car

The decision to own a car is often an important one. However, car buyers may find it hard to decide which auto financing they should choose in order to save some money. There are three significant ways of owning a new car; you can buy a car loan, trade-in, or lease a new vehicle.

Buying a car loan is where you make a monthly payment after the first deposit. It has a higher monthly cost that goes for a specific term, at least two years. At the end of the settlement, the car is assigned to you as the new owner.

When a lease is involved, it means a lower monthly payment with no specified payment term. You can pay for a lease for as long as you need the vehicle. You never get to be the legal owner since once you are done with the car, you will return it to a specified dealership.

Trade-in car financing involves getting an appraisal from a dealership. The value of your old car is deducted to pay for a section of your new vehicle. Your car titles will be transferred to the dealership to have legal ownership of the car. However, a driving license, car keys or remotes, vehicle registration, and a print out of trade-in value must be provided for the process to take place.

It is a short process, but some people forget to negotiate the new car's prices and that of a trade-in. Before visiting a dealership, there are tips to put into consideration. They might save you more money. Here are a few but vital tips to put at your fingertips when owning a car.

1. Calculate Costs before Accepting a Financing

Every dealership has a specific option for calculating the total amount and monthly payments of a lease or loan.

Before you get into an auto finance agreement, it is essential for you to fully understand the factors that add up to setting a monthly payment.

Consider using an auto loan calculator to get the actual amount of a loan or a lease. The process will help you plan and save some dollars in the long run.

2. Understand Dealerships Financing

It is crucial to go through and understand the financing a dealer is offering. A dealership can be considered more attractive when large cashback rebates to reduce the total amount of buy after lease or loan.

When dealing with dealership financing, ensure your credit score is positive, with no limited credit experience or low FICO score. Most financing will consider them to select qualifying buyers.

Always visit your nearest new Hyundai dealership to get financing with no need for sacrificing.

3. Get Pre-Approved First

When walking into a car dealership, ensure you have a financing offer from your lender. It guarantees you full coverage of your desired car. Also, you get additional leverage when having a loan coupon in hand. You are considered a cash buyer at the showroom, where you can strongly negotiate for a lower price.

4. Counter Check Your Details

Once negotiation comes to a consensus, review your trade-in contract, car loan, or lease details. Carefully counter check the information for missed out information, ensuring the terms are all in writing. Always counter check the value of your loan or lease by yourself.

When is it a good idea to lease a new Hyundai car?

Leasing a new Hyundai is a strong value proposition for drivers who…

• Have good credit
• Don't want to make a sizeable down payment to get behind the wheel of a new car
• Want to drive a new Hyundai every few years
• Are interested in driving a better-equipped Hyundai car than they could typically afford to finance with a car loan
• Want lower monthly payments than they'd see with a car loan

Can I lease any Hyundai car?

Typically, Hyundai leases are only available for new Hyundai models.

Do I have to make a down payment on a new Hyundai lease?

In many cases, you won't have to make a down payment to lease a new Hyundai car. However, if you do opt to make a down payment, it could lower your monthly payments in the long run.

How long do Hyundai leases last?

The majority of Hyundai leases last anywhere from 24 to 48 months.

Can I return my Hyundai lease early?

Yes you can, but there may be some fees for early termination of a lease. However, in some cases, a dealer may buy back leased cars early, so feel free to consult our Hyundai financing team to explore your options.

What do I do at the end of my Hyundai lease?

When you come to our dealership to return your Hyundai lease, you'll have a number of options available to you.

• You can return your lease and lease a new Hyundai car from our lineup.
• You can negotiate to extend the lease on your current Hyundai model.
• You can purchase your leased car outright for the price agreed upon in your initial lease document
• You can turn over the keys and simply walk away!

Can I lease a new Hyundai car from home?

You absolutely can! As a new Hyundai dealer serving drivers from Alcoa, TN to Maryville, we strive to make it as simple as possible for our guests to lease the Hyundai cars they love, even if they're not able to make it in to our dealership to see us in person. Take advantage of our Twin City At Home program to lease a new Hyundai car online today.