When it Comes to Auto Financing, You Can Trust Our Team Here at Twin City Hyundai, Serving Knoxville, Oak Ridge, Sevierville and Maryville TN

The auto financing process presents you with many options. You can either secure a car loan, or Hyundai lease from any of the vehicles here in our showroom, and throughout that process, we here at Twin City Hyundai are going to help you every step of the way. Our team of auto financing experts will give you all the details and options that relates to the new Hyundai Elantra, Santa Fe Sport, Tucson, Sonata or Santa Fe you may be considering. The same goes for used car models, as well. We're happy to give you the details, and explain everything clearly so you have a full understanding of the terms, and the right number that works for you.

You can even start the process now, by filling out our simple contact form and getting ahold of us. We can then work to find the plan that fits your needs, and when you stop in and speak with us in person, we'll have a head start, and work with you on your schedule. Located in Alcoa, and convenient to the Knoxville, Oak Ridge, Sevierville and Maryville TN areas, we are here to get started today and help you get behind the wheel of a new vehicle soon.

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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.

Ready To Learn More?

Shop online and consider your options to get the best deals. Here at Twin City Hyundai, we offer the quality financing opportunities. Our showroom provides various Hyundai cars, SUVs, Vans, and Trucks. Why wait any longer? Visit our dealership in Alcoa, TN to walk out with your favorite model. We can also show you our selection of vehicle incentives. We can also help you schedule a test drive with your preferred automotive option.

We are proud to serve drivers in Knoxville, too.

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Twin City Hyundai

3024 Alcoa Highway
Directions Alcoa, TN 37701

  • Sales: (865) 970-0020
  • Service: (865) 970-0020
  • Parts: (865) 970-0020


  • Monday 9:00AM - 8:00PM
  • Tuesday 9:00AM - 8:00PM
  • Wednesday 9:00AM - 8:00PM
  • Thursday 9:00AM - 8:00PM
  • Friday 9:00AM - 8:00PM
  • Saturday 9:00AM - 7:00PM
  • Sunday Closed