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Is it easy to get cheap financing on new hyundai's with bad credit...?i mean lyk a 6% intrest rate or less...not 18% lol...with a credit score around 600?

2007-08-26 13:25:02 · 5 answers · asked by Anonymous in Cars & Transportation Car Makes Hyundai

5 answers

my daughter has lousy credit and her interest rate for a hyundai was 12%. I doubt you will be able to get the best interest rate-your score should be 750 or higher. do not go to a buy here pay here car dealer-total rip-off-

2007-08-27 07:40:05 · answer #1 · answered by nj2pa2nc 7 · 0 0

I just financed a 07 Hyundai and my interest rate is 6.25 with a credit score of 760. Even if you have to finance at a higher rate, it is a great car and you could maybe make a few extra payments to pay the loan down faster.

2007-08-28 01:02:17 · answer #2 · answered by Classy Granny 7 · 0 0

I think you need to improve your credit score for a new hyundai with a bad credit.. To find out specifically what you must do to raise your score, you can order your score report from all three national credit bureaus. In addition to your scoreyou still have to pay to find out your credit score, the three-digit number ranging from 300 to 850 that is the key to your borrowing costs.

2007-08-27 12:11:29 · answer #3 · answered by Anonymous · 1 0

Not likely.
Depending on your score it may be 12-15%

2007-08-26 20:28:51 · answer #4 · answered by ed 7 · 1 0

I highly doubt that. Your probably looking at 12-15%.

2007-08-26 20:52:47 · answer #5 · answered by Anonymous · 1 0

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