Hyundai Financing: What To Know in 2025
Hyundai. In Korean, it means “modernity.” With technology like solar sun roofs for EV charging and state-of-the-art collision avoidance, that moniker fits. Although Hyundais are rather affordable, you’ll probably need a car loan to make your dream a reality.
You might think that you can only get a car loan at the dealership. For most, this isn’t the case. Review all of your Hyundai financing options here. While you’re at it, use the data from our exclusive study to see how competitive your loan offer really is.
How do your Hyundai payments compare to the average?
We conducted a study to estimate monthly Hyundai payments for borrowers of different credit bands. Here’s how to use our study to help you shop for a good deal on a Hyundai loan:
1. Find your credit score. Not sure what it is? Get your score for free with LendingTree Spring.
2. Find your car model and credit band. Find the Hyundai model you want and the credit band that you most closely match with in the tables below.
3. Use the data. You can use the number in our monthly payment to estimate how much your car payment will be. If you already have a quote, compare it to the monthly payment in our study to see if you’re getting a good deal.
These average monthly payments are based on the manufacturer’s suggested retail price (MSRP). We did not factor in any dealer fees, title transfer fees or add-ons.
Some borrowers with excellent credit have higher monthly payments because people with higher credit scores typically choose shorter loan terms. Shorter loan terms result in a higher monthly payment but less overall interest.
Learn more about how we calculated average monthly Hyundai payments.
Estimated average monthly payments for new Hyundais
| Model | Starting MSRP | Monthly payment (501-600 credit score) | Monthly payment (601-660 credit score) | Monthly payment (661-780 credit score) | Monthly payment (781-850 credit score) |
|---|---|---|---|---|---|
| 2025 Hyundai Elantra | $22,125 | $301.69 | $274.13 | $258.90 | $270.68 |
| 2025 Hyundai Sonata | $26,900 | $396.03 | $359.86 | $339.87 | $355.33 |
| 2025 Hyundai Tucson | $28,705 | $431.69 | $392.26 | $370.47 | $387.33 |
| 2025 Hyundai Santa Fe | $34,300 | $542.24 | $492.71 | $465.34 | $486.51 |
| 2025 Hyundai Kona | $24,550 | $349.60 | $317.67 | $300.02 | $313.67 |
Estimated average monthly payments for used Hyundais
| Model | Fair purchase price | Monthly payment (501-600 credit score) | Monthly payment (601-660 credit score) | Monthly payment (661-780 credit score) | Monthly payment (781-850 credit score) |
|---|---|---|---|---|---|
| 2019 Hyundai Elantra | $9,899 | $140.56 | $122.85 | $109.62 | $105.76 |
| 2019 Hyundai Sonata | $10,945 | $166.44 | $145.47 | $129.80 | $125.23 |
| 2019 Hyundai Tucson | $12,084 | $194.63 | $170.11 | $151.78 | $146.44 |
| 2019 Hyundai Santa Fe | $14,763 | $260.92 | $228.05 | $203.48 | $196.32 |
| 2019 Hyundai Kona | $11,096 | $170.18 | $148.74 | $132.72 | $128.04 |
Hyundai finance options
Picking out your new Hyundai can be a lot of fun. At least, more fun than finding the right car loan. Still, researching your auto financing options before signing is essential to find the loan with the lowest rates.
Hyundai Motor Finance
You’re purchasing a Hyundai with a special offer or value new car warranties.
If you qualify, you might find the best financing for your Hyundai straight from the manufacturer. This is called captive financing. In this case, you’d get your loan from Hyundai Motor Finance.
When you go through captive financing, you can gain access to manufacturer-specific Hyundai financing deals. Hyundai calls these “special offers.” The most sought-after Hyundai special offer may be a 0% APR deal. Another special offer could also be cash off your MSRP or a discounted monthly lease payment.
Special offers vary by ZIP code and dealer, and they run for a limited time. To find out what may be available for you, check Hyundai’s website or speak with a local Hyundai dealer.
Other than its special offers, you might find other benefits with Hyundai Motor Credit, including:
New car warranties
Hyundai’s new car warranty is longer than most other manufacturers. Maybe that’s why they’ve dubbed it “America’s Best Warranty.” With it, you may get a:
- Ten-year, 100,000-mile powertrain limited warranty
- Five-year, 60,000-mile new vehicle limited warranty
- Seven-year, unlimited-mile anti-perforation warranty
- Roadside assistance plan for five years, with unlimited miles
Separate warranties also apply to replacement parts and accessories, emission defects and emission control. Electric and hybrid owners get a 10-year, 100,000-mile warranty on their batteries, too.
Electric vehicle charging perks
Hyundai announced earlier this year that U.S. owners of many Hyundai EV models could now use Tesla Superchargers. Hyundai is also supplying free North American Charging Standard (NACS) adapters to eligible Hyundai EV owners who bought their vehicles on or before January 31, 2025.
Cash bonuses
Military members could get a cash bonus of up to $500 to use for their new Hyundai vehicle purchase or lease. The same is true for eligible first responders. Recent and upcoming college grads could get up to $400 (with proof of employment).
Mobility program
Hyundai may reimburse you up to $1,000 after installing medically necessary adaptive equipment in your new car.
Certified pre-owned vehicles
For Hyundai to deem a vehicle as certified pre-owned, it must pass a 173-point inspection. It must also be newer than seven years old and have less than 80,000 miles.
Once certified, these vehicles come with extensive warranties, a CARFAX report, travel interruption reimbursement, roadside assistance and more.
You can formally apply with Hyundai Motor Credit on its website. You’ll need to agree to a hard credit pull — it does not offer prequalification or preapproval. However, some Hyundai dealers offer preapproved car loans. Contact your local dealer to see if this is an option for you.
Most manufacturers don’t disclose their credit score requirements, Hyundai included. Generally, getting an affordable car loan can be challenging if your score is below 660. To take advantage of the best Hyundai financing deals, you’ll almost certainly need at least good credit (more than likely excellent, or 800+).
Bank and credit union auto loans
Your financial institution offers an autopay APR discount or car-buying service.
Banks and credit unions can be a good place for a car loan, especially if yours provides a discount for banking and borrowing. For instance, if you set up autopay on a PNC Bank auto loan with a PNC checking account, you could get 0.25% off your APR.
Banks and credit unions can offer low rates, but comparing them side by side, credit union auto loans usually come out on top. Credit unions also typically offer other benefits to their members. Some may mark down APRs if you use its car-buying service. PenFed is an example here.
Like car manufacturers, banks and credit unions rarely disclose what credit score you need to buy a car with their financing. However, yours may be willing to look past a few blemishes if you’ve been banking (responsibly) with it for a long time.
Online auto loans
You’re comparing multiple loans at one time, no matter if you have good or bad credit.
When you’re shopping for a car, do you check prices at only one dealership? Probably not. Instead, you research dealers to find the ones offering the best deals. The same should apply for auto loans.
Comparing multiple offers is perhaps the most effective way to find the loan with the lowest APR. That’s because each lender has its own way of determining creditworthiness. You can safely and securely compare up to five lenders at a time on LendingTree’s auto loan marketplace. And don’t worry — checking rates won’t hurt your credit score.
Another great thing about online loans is that there’s usually a lender for every credit band. Good- to excellent-credit borrowers might want to check out a LightStream auto loan for its generally low rates. And if you have bad credit, Carvana might be an option because it doesn’t have a minimum credit score requirement (however, Carvana loans can only be used on Carvana used cars).
In-house financing
You have bad or no credit and have no other options.
Avoid in-house financing if you can. You might know these loans as buy here, pay here, but whatever you call them, they are expensive. When you get an in-house loan, you’re getting it from your dealer — not a lender or financial institution.
Typically, the easier a loan is to qualify for, the higher its APR. That rule applies to in-house financing. These loans have loose eligibility requirements and can be appealing (or seemingly the only option) if you have bad credit. In-house financing often comes with predatory APRs.
Buy here, pay here dealers also specialize in older models, putting you at risk for an upside down car loan. If you’re considering in-house financing, exhaust all your other options first. If you have time, improve your credit score before buying your car or save up to pay for a used car with cash.
How we calculated average monthly Hyundai payments
To calculate average monthly Hyundai payments, we found estimated starting MSRPs and the fair purchase price for some of Hyundai’s most popular models.
Then, we subtracted an average down payment from each. According to Edmunds, the average down payment on a new vehicle was $6,856 in Q4 2024. For used vehicles, it was $4,219. The resulting figure represents the total amount our hypothetical borrowers financed.
From there, we used our auto loan calculator to figure out average monthly Hyundai payments, using average APRs and loan terms as reported by Experian’s State of the Automotive Finance Market Q4 2024. You’ll find this data in the tables below. Please note that loan terms were rounded to the nearest whole number during our calculations.
Average APRs and loan terms for new car purchases in Q4 2024
| Subprime (501-600) | Near prime (601-660) | Prime (661-780) | Superprime (781-850) | |
|---|---|---|---|---|
| Average APR | 13.08% | 9.59% | 6.40% | 4.77% |
| Average loan term | 73.54 months | 74.27 months | 71.15 months | 63.56 months |
Average APRs and loan terms for for used car purchases in Q4 2024
| Subprime (501-600) | Near prime (601-660) | Prime (661-780) | Superprime (781-850) | |
|---|---|---|---|---|
| Average APR | 19.38% | 14.46% | 9.95% | 7.67% |
| Average loan term | 66.19 months | 68.07 months | 68.39 months | 65.54 months |
Frequently asked questions
Some Hyundai financing deals (at the time of this writing) include 0% APR on the 2025 IONIQ 6 and 0.99% APR on the 2025 IONIQ 5 and 2025 KONA Electric for eligible loan terms. You can find offers for your specific location on the Hyundai website.
Hyundai Motor Credit is the financing arm of Hyundai.
No, Kia Finance America provides financing for Kias, and Hyundai Motor Credit provides financing for Hyundais. However, Hyundai is Kia’s parent company. Even so, Kia and Hyundai have separate financing arms.
You might find Hyundai financing deals by shopping around major holidays. The new year and beginning of the spring can also be good times as many lots are trying to make room for new models. Additionally, some dealers may need to meet monthly sales quotas. If they’re not on target, they might be more motivated to sell at the end of the month to meet their goal.
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