Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
How to finance a Hyundai
With a variety of special car-buyer programs, you may be able to save on a new model.
Korean car manufacturer Hyundai has been offering a popular lineup of sedans, hatchbacks and SUVs since 1986. Its generous warranties and midrange costs make it a solid choice for many buyers. And if you’re looking to get cash back or score a discount, Hyundai has many car-buyer programs to help you save.
How can I finance a Hyundai?
When you’re ready to buy a new or used Hyundai, there are multiple financing avenues to choose from.
Car loan or personal loan
If you’re looking for the cheapest option, you might want to consider taking out a car loan from a bank, credit union or online lender. While this process is more involved than financing through a dealer, you might be able to score more competitive rates and terms. Another option is taking out a personal loan, though this will likely cost more since your loan won’t be secured by the car you’re buying.
Hyundai dealership financing and leasing
If speed is your main concern, then you might want to finance directly through Hyundai Motor Finance. Authorized Hyundai dealers often offer special deals depending on where you live and the model you’re interested in buying. In the past, offers included 0% financing for five years on a 2018 Accent and $3,000 cash back on a 2018 Elantra.*
You also have the option to lease a new car through Hyundai Motor Finance. With leasing, you drive the car for a certain number of years and miles. At the end of your term, you either return your car or buy out the lease. Past offers included leasing a 2018 Tucson for three years for only $199 a month after a $1,899 down payment.*
Your local dealership may also have its own special promotions. The rates and terms you qualify for will depend on your creditworthiness and personal financial situation.
*Rates as of November 16, 2018.
Compare car loans to finance a Hyundai
Does Hyundai offer special discounts or programs?
Hyundai has a variety of buyer programs, including ones geared toward college grads, servicemembers and even individuals affected by recent storms.
- Down payment matching program. Hyundai teamed up with BoostUp.com, a website that helps you save for a down payment on a car or home. It will match your down payment on a new lease or purchase up to $500.
- College grad program. If you graduated college within the past two years or are set to graduate within the next six months, you may qualify for $400 off the purchase or lease of a new vehicle.
- Military program. Active-duty servicemembers, reservists, National Guard members and veterans are eligible for $500 off a new Hyundai.
- Mobility program. If you need your vehicle modified for easier access because of a medical condition or disability, Hyundai offers $1,000 toward the installation costs so you can fit your new car to your specifications.
- Certified pre-owned (CPO) program. Find a used vehicle that’s less than five years old and has fewer than 60,000 miles through Hyundai’s CPO program. It uses a 150-point inspection to ensure your car’s safe to drive and offers a powertrain warranty.
- Disaster relief program. Hyundai offers victims of recent hurricanes $750 toward a new car. You must provide a statement from your insurance company that verifies your vehicle and the amount of damage incurred, as well as proof that the damage was caused by Hurricane Michael or Florence.
What will a new Hyundai cost me?
Hyundai offers quite a few affordable options, from the 2019 Accent that comes in just under $14,000 to the more high-end 2019 Palisade that starts at $31,550. The exact price you pay will depend on how you customize your vehicle and how well you negotiate, but we list the base MSRP below to get you started.
Choose the type vehicle
SUVs and Crossovers
- Starting MSRP: $19,240
- Build: Crossover
- City/highway MPG: 28/32
- Starting MSRP: $20,450
- Build: Crossover
- City/highway MPG: 22/28
- Starting MSRP: $24,000
- Build: SUV
- City/highway MPG: 20/25
- Starting MSRP: $31,550
- Build: SUV
- City/highway MPG: 19/26
- Starting MSRP: $13,995
- Build: Compact
- City/highway MPG: 28/38
- Starting MSRP: $19,950
- Build: Sedan
- City/highway MPG: 30/40
- Starting MSRP: $19,450
- Build: Compact
- City/highway MPG: 23/30
- Starting MSRP: $19,750
- Build: Sedan
- City/highway MPG: 19/35
- Starting MSRP: $21,150
- Build: Electric Sedan
- City/highway MPG: 57/136
- Starting MSRP: $58,300
- Build: Electric Crossover
- City/highway MPG: 380
What kind of warranty does Hyundai offer new owners?
Hyundai offers a series of limited warranties on its new and CPO vehicles, including:
- 10-year, 100,000-mile powertrain limited warranty.
- 5-year, 60,000-mile new vehicle limited warranty.
- 7-year antiperforation warranty with unlimited miles.
- 5-year roadside assistance program with unlimited miles.
Each Hyundai car only comes with one new vehicle limited warranty, however. So if you’re purchasing a CPO vehicle, you’ll be offered whatever time is left on the warranty.
With its extensive warranties, midrange prices and special discount programs, Hyundai has a lot to offer car buyers. If you’re interested in getting behind the wheel of one, you have plenty of financing options to choose from. While car loans typically come with lower rates, you may be able to drive off the lot faster if you finance directly through a Hyundai authorized dealer.
Read our guide to car loans to learn more about how they work and compare lenders.
Frequently asked questions
Pictures: Shutterstock and Hyundai’s official page
More guides on Finder
How to get life insurance after a DUI or driving offense
A poor driving record may result in higher rates on your life insurance, with some insurers turning you away altogether.
Electric vehicles in 2021: How new models, insurance rates and tax breaks affect their cost to own
See average EV insurance rates for 2021 based on Finder’s car model research, plus new models on the horizon.
What the second stimulus means for your small business
You might be able to apply for more funding on your PPP loan, get a second PPP loan or take advantage of a new grant program.
How to separate your finances during divorce
Ways to protect your assets and what you need to know about marital debt.
Car loans in New Jersey
Interest rates are capped low to help you save.
This large dealership network works with lenders to offer financing for new and used cars.
Morton Community Bank loans review
Also known as Hometown Community Bank, this Illinois lender offers programs tailored to local businesses.
5 ways COVID-19 may have helped you buy a car
Navigate car deals and a wavering market if you’re buying a ride during the coronavirus.
Community State Bank loans review
This Wisconsin bank offers special programs for agriculture business and nonprofits at seven branches.
What cars are made in America?
Check out the top 50 American car models, and find out what makes them American.
Ask an Expert