Credit Repair Center

Reliable Hyundai is an established dealership with relationships with over 20 area lenders that want to help you obtain affordable transportation while improving your credit rating.

Our specialists will work with our lending partners to help tailor a finance package to fit your needs. Our experience with a wide variety of financial institutions helps us put you with a lender that would best address your credit needs.  To get started, just call our Credit Repair line at 417-763-3633 or complete our secure online credit application. We want to make it easy for you to shop for your next vehicle.

Click HERE for our online credit application

At Reliable Hyundai, we are focused on making your sales experience as simple as possible, and one of the many steps that we take to work toward this goal is to provide you with personalized assistance from our in-house financing department. Our financing team can assist each buyer with a search of possible auto loan programs, and we are happy to work with customers with any credit rating.

What Are Some Benefits of Using Reliable Hyundai?

We understand that some of our customers in the Springfield area are timid about applying for an auto loan for a new Hyundai. Some may not be sure that a loan is a preferred option over a lease, and others may not be certain that they would qualify for a new loan given their credit scores. As a first step in deciding how to proceed, spend a few minutes analyzing the advantages of a car loan for your Hyundai purchase over an auto lease.

When you take ownership of your new Hyundai, you understandably want to enjoy the freedom to cruise around Springfield and beyond without concern for mileage. However, auto leases commonly include wording for a mileage limitation or restriction. You may be able to adjust the limit slightly, but if you exceed the number of miles specified in your lease, you must pay an often-sizable penalty charge at the end of the lease term. Some drivers find that they cannot thoroughly enjoy driving their Hyundai with this restriction because they are concerned about exceeding the mileage limit. On the other hand, a car loan on your Hyundai has no such limitation. Regardless of whether you want to put 5,000 miles, 20,000 miles or more on your vehicle in a year, you have the freedom to do so.

During the loan term, the lender typically will report your payment history to at least one of the three primary credit bureaus. When you make your payments on time regularly, you can use your loan to improve your credit rating potentially. Leases are not always reported to credit rating bureaus.

One of the other significant differences to focus on is the end of the lease or loan term. After you make timely lease payments for the specified number of months, the vehicle must be returned. You will not have a paid off car or equity to show for your payments, which is in contrast to an auto loan. Your monthly car loan payments build equity in the vehicle and eventually result in you owning the car free and clear. When you reach the end of an auto loan term, you have the incredible and financially beneficial ability to enjoy personal transportation without having the burden of a regular auto payment on your budget. The financial savings at this point can be tremendous.

Is There a Minimum Credit Score to Finance a Car?

Concerns about credit scores are typical for our Springfield customers who are preparing to apply for a loan. Reliable Hyundai financing department professionals assist each customer with the search for a great auto loan without concern about credit ratings. To explore auto loan scenarios that may work well for you, contact us today.


Contact

Reliable Hyundai

438 S Ingram Mill Rd
Directions Springfield, MO 65802

  • Phone: 844-880-7340

Hours

  • Monday 8:00am - 8:00pm
  • Tuesday 8:00am - 8:00pm
  • Wednesday 8:00am - 8:00pm
  • Thursday 8:00am - 8:00pm
  • Friday 8:00am - 6:00pm
  • Saturday 8:00am - 6:00pm
  • Sunday Closed

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