{"id":824,"date":"2017-09-26T18:30:25","date_gmt":"2017-09-26T18:30:25","guid":{"rendered":"http:\/\/blogs.rosenhyundai.com\/?p=824"},"modified":"2017-09-26T18:30:25","modified_gmt":"2017-09-26T18:30:25","slug":"heres-need-know-financing-car","status":"publish","type":"post","link":"https:\/\/blogs.rosenhyundai.com\/index.php\/2017\/09\/26\/heres-need-know-financing-car\/","title":{"rendered":"Here\u2019s What You Need to Know Before Financing a Car"},"content":{"rendered":"<p><img loading=\"lazy\" class=\"alignnone size-full wp-image-825\" src=\"http:\/\/blogs.rosenhyundai.com\/wp-content\/uploads\/2017\/09\/Hyundai-Finance.jpg\" alt=\"Hyundai Financing \" width=\"721\" height=\"430\" \/><\/p>\n<p>For most people, paying cash for a brand new $30,000 vehicle just isn\u2019t feasible. That\u2019s why <a href=\"http:\/\/www.rosenhyundai.com\/\">Algonquin Hyundai dealerships<\/a> proudly offer vehicle financing and <a href=\"http:\/\/www.rosenhyundai.com\/lease-vs--buy.htm\">leasing options<\/a> to all of our drivers. But for some drivers, obtaining financing or leasing a vehicle can seem like a confusing, overwhelming ordeal. That\u2019s why we\u2019re here today to break down the basics of vehicle financing so that you can be prepared before heading over to a <a href=\"http:\/\/www.rosenhyundai.com\">Hyundai dealership near you<\/a>.<\/p>\n<p>Before you start the process to finance your Hyundai, you should first understand your options. Since financing a car adds to its total cost (due to interest and loan fees), you should start by deciding between two payment plans: either you can finance the vehicle with a loan or you can finance with a lease. Here\u2019s how the two differ:<\/p>\n<p>&nbsp;<\/p>\n<ol>\n<li><strong>Financing a car with a loan.<\/strong><\/li>\n<\/ol>\n<p><a href=\"http:\/\/www.rosenhyundai.com\">Financing a car with a loan<\/a> involves three major factors: the loan amount (the total amount of money you\u2019re borrowing to get the car), the annual percentage rate (the interest rate you pay on your loan, also known as \u201cAPR\u201d) and the loan term (the agreed upon length of time you have to pay back the loan amount in full). If you\u2019re <a href=\"http:\/\/www.rosenhyundai.com\">financing a used car<\/a> rather than a new one, you can expect to pay higher interest rates. The key is to always shop around to find the dealership with the best loan amounts, APRs and terms to suit your budget and lifestyle.<\/p>\n<p>&nbsp;<\/p>\n<ol start=\"2\">\n<li><strong>Financing a car with a lease.<\/strong><\/li>\n<\/ol>\n<p>For many people, leasing a vehicle is the most financially feasible option since you\u2019re only paying for a portion of the vehicle\u2019s total cost. Basically, a lease means that you\u2019re only paying to <em>use <\/em>the car\u2013you\u2019re not paying for the car itself.<\/p>\n<p>Leases often involve a required down payment as well as other fees like monthly sales tax and interest payments, but drivers often benefit from lower monthly payments than they might if they were buying the car. However, leasing a vehicle also means that you don\u2019t gain any equity in the vehicle that might transfer to trade-in or resale value.<\/p>\n<p>No matter what you choose to do, it\u2019s always important to keep the big picture in mind. Take a hard look at your finances, determine what you can realistically spend each month on vehicle financing and then research the fees associated with the Hyundai of your choice before you commit to any kind of financing.<\/p>\n<p>At <a href=\"http:\/\/www.rosenhyundai.com\">Rosen Hyundai<\/a>, our dedicated financial experts are here to help answer your Hyundai finance questions so that you can make the best, most informed decision. Whether you decide to lease or take out a loan, we\u2019ll help you <a href=\"http:\/\/www.rosenhyundai.com\">finance your Hyundai<\/a> in a way that won\u2019t break your bank.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>For most people, paying cash for a brand new $30,000 vehicle just isn\u2019t feasible. That\u2019s why Algonquin Hyundai dealerships proudly offer vehicle financing and leasing options to all of our drivers. But for some&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":825,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false},"categories":[200],"tags":[26,229,227,228,105],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.7.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Here\u2019s What You Need to Know Before Financing a Car - Rosen Hyundai<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blogs.rosenhyundai.com\/index.php\/2017\/09\/26\/heres-need-know-financing-car\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Here\u2019s What You Need to Know Before Financing a Car - Rosen Hyundai\" \/>\n<meta property=\"og:description\" content=\"For most people, paying cash for a brand new $30,000 vehicle just isn\u2019t feasible. That\u2019s why Algonquin Hyundai dealerships proudly offer vehicle financing and leasing options to all of our drivers. But for some&#046;&#046;&#046;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/blogs.rosenhyundai.com\/index.php\/2017\/09\/26\/heres-need-know-financing-car\/\" \/>\n<meta property=\"og:site_name\" content=\"Rosen Hyundai\" \/>\n<meta property=\"article:published_time\" content=\"2017-09-26T18:30:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/blogs.rosenhyundai.com\/wp-content\/uploads\/2017\/09\/Hyundai-Finance.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"721\" \/>\n\t<meta property=\"og:image:height\" content=\"430\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Aim\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/blogs.rosenhyundai.com\/#website\",\"url\":\"https:\/\/blogs.rosenhyundai.com\/\",\"name\":\"Rosen Hyundai\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/blogs.rosenhyundai.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/blogs.rosenhyundai.com\/index.php\/2017\/09\/26\/heres-need-know-financing-car\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/blogs.rosenhyundai.com\/wp-content\/uploads\/2017\/09\/Hyundai-Finance.jpg\",\"contentUrl\":\"https:\/\/blogs.rosenhyundai.com\/wp-content\/uploads\/2017\/09\/Hyundai-Finance.jpg\",\"width\":721,\"height\":430,\"caption\":\"Hyundai Financing\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/blogs.rosenhyundai.com\/index.php\/2017\/09\/26\/heres-need-know-financing-car\/#webpage\",\"url\":\"https:\/\/blogs.rosenhyundai.com\/index.php\/2017\/09\/26\/heres-need-know-financing-car\/\",\"name\":\"Here\\u2019s What You Need to Know Before Financing a Car - Rosen Hyundai\",\"isPartOf\":{\"@id\":\"https:\/\/blogs.rosenhyundai.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/blogs.rosenhyundai.com\/index.php\/2017\/09\/26\/heres-need-know-financing-car\/#primaryimage\"},\"datePublished\":\"2017-09-26T18:30:25+00:00\",\"dateModified\":\"2017-09-26T18:30:25+00:00\",\"author\":{\"@id\":\"https:\/\/blogs.rosenhyundai.com\/#\/schema\/person\/9e0cae5408de965463f6350706585654\"},\"breadcrumb\":{\"@id\":\"https:\/\/blogs.rosenhyundai.com\/index.php\/2017\/09\/26\/heres-need-know-financing-car\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/blogs.rosenhyundai.com\/index.php\/2017\/09\/26\/heres-need-know-financing-car\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/blogs.rosenhyundai.com\/index.php\/2017\/09\/26\/heres-need-know-financing-car\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/blogs.rosenhyundai.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Here\\u2019s What You Need to Know Before Financing a Car\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/blogs.rosenhyundai.com\/#\/schema\/person\/9e0cae5408de965463f6350706585654\",\"name\":\"Aim\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/blogs.rosenhyundai.com\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/d5e898942cc03cf758f5bf6911fa5135?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/d5e898942cc03cf758f5bf6911fa5135?s=96&d=mm&r=g\",\"caption\":\"Aim\"},\"url\":\"https:\/\/blogs.rosenhyundai.com\/index.php\/author\/aim\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Here\u2019s What You Need to Know Before Financing a Car - Rosen Hyundai","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/blogs.rosenhyundai.com\/index.php\/2017\/09\/26\/heres-need-know-financing-car\/","og_locale":"en_US","og_type":"article","og_title":"Here\u2019s What You Need to Know Before Financing a Car - Rosen Hyundai","og_description":"For most people, paying cash for a brand new $30,000 vehicle just isn\u2019t feasible. 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