Car Financing in Fort Worth

Welcome to the Hiley Hyundai of Fort Worth Finance Center

After you’ve explored the vehicle selection, done your test drives, and picked out the ideal set of wheels to fit your style and needs, it’s time to explore your car financing options so that you can drive your dream car home. At Hiley Hyundai of Fort Worth, we offer vehicle financing for new and used vehicles, giving you plenty of options, regardless of your budget. We’re here to guide you through the car buying process and we’re happy to answer any of your questions along the way.

What Does Vehicle Financing Mean?

When you finance a car, you’re borrowing money so that you can fund the purchase of the vehicle. After borrowing the amount needed, you pay back the lender the total amount plus interest in regular, usually monthly, payments. This means that the car technically belongs to the lender until you are able to pay them back. There are several things that affect a monthly car payment:

• How much you borrow: Some vehicles are more expensive than others. Purchasing a relatively inexpensive car results in monthly payments that are much lower than if you bought a luxury vehicle. At Hiley, we have an extensive selection of new and used vehicles, allowing you to pick a car that fits your needs and your budget.
• Your down payment: Though most lenders suggest paying 10 percent of the vehicle’s sales price upfront, you can always put more toward your down payment to minimize how much money you’ll need to borrow. By doing this, you can significantly decrease your monthly payments and the amount of interest you’ll end up owing over the life of the loan.
• Current annual percentage rates: Interest rates fluctuate with the current market and the institutions you borrow from.
• Your credit score: Aside from industry changes, your income and credit history can play a role in the interest rates you’re offered. Typically, if you have a lower credit score, you’re offered higher interest rates to minimize the amount of risk for the lender. This can have a significant impact on not only your monthly payments, but how much you end up paying for your vehicle throughout the loan’s term.
• Your repayment time frame: You can break up your payments over a number of years. By extending the life of your loan, you can enjoy lower monthly payments. Just keep in mind that the longer you take to pay off your vehicle, the more you end up paying in interest.

Why Finance a Car Purchase?

Most people don’t have a huge chunk of cash available to purchase a car outright. With financing, you can break down that otherwise overwhelming payment into more manageable chunks, allowing you to pay off your car over a number of months or years instead of all at once.

Benefits of Dealership Financing

When buying a new or pre-owned vehicle, you can choose to finance the purchase directly from a lender or through our dealership. Working with a dealership’s finance department provides you with a number of advantages, such as:

• It gives you access to special programs and incentives. When you go through a dealership for your financing needs, you can often enjoy money-saving benefits that you won’t find at other lenders, like manufacturer-sponsored incentives and low interest rate programs. Depending on the specific incentive being offered, these programs could be limited to buyers with strong credit scores, shorter contract lengths, individuals able to make a substantial down payment, or certain models.
• You have access to more financing options. At Hiley, we have relationships with a wide range of finance companies, banks, and auto loan lenders in the area, meaning we are able to shop around to offer you a variety of financing options. Ultimately, this gives you the opportunity to compare financing terms and rates so that you can choose the best option for you and your budget.
• Working with a dealership can be much more convenient. Unlike traditional lenders, like banks, dealerships have extended hours. For instance, we’re open Monday through Saturday, from 9 a.m. until 8 p.m. Additionally, dealerships are a one-stop-shop. Getting your financing where you purchase your car means that you don’t have to negotiate and coordinate a loan with a third-party.

Working With the Hiley Hyundai of Fort Worth Finance Center

Our goal is to find you a car you love and a financing option that makes you confident in your purchase. We work with all types of credit, and we will work with you to help you find an affordable car loan or financing option. We believe that your credit history shouldn’t have to determine your future, and we work hard to provide every customer with a buying experience that is customized to fit their needs and ends in them driving away in a beautiful vehicle.

Before taking out a loan or financing your vehicle purchase, it’s important that you fully understand all of your options. Our trusted team at Hiley Hyundai of Fort Worth is happy to walk you through your options. We assist you throughout the process to ensure that you’re able to make the smartest and most informed decision possible.

Applying for Vehicle Financing at Hiley Hyundai

At Hiley Hyundai of Fort Worth, we strive to make the application as simple and painless as possible. To get pre-approved, simply fill out our online finance application and then give us a call to set up your appointment. Aside from offering loans, you can also use our free online tools to value a trade-in vehicle or estimate your potential monthly payments.

Purchasing a new vehicle is an exciting time, and stressing over money or future payments shouldn’t detract from the experience. Whatever vehicle you choose, regardless of whether it’s new or pre-owned, we are here to help you figure out your financing options and help you drive your new vehicle off the lot. Our incredible finance department will work hard to find you the rates and payment plans that match your budget and leave you feeling confident about your purchase and your future.