First Time Buyer*
Program
Available on all new 2011MY and 2010MY
Accent, Elantra, Elantra Touring, & Sonata Vehicles
Effective January 4, 2011 through March 31, 2011
(Effective with contracts dated January 4, 2011 through March 31, 2011)
Available on all new 2011MY and 2010MY
Accent, Elantra, Elantra Touring, & Sonata Vehicles
Effective January 4, 2011 through March 31, 2011
(Effective with contracts dated January 4, 2011 through March 31, 2011)
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| Browse New Accent Inventory | Browse New Elantra Inventory |
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| Browse New Elantra Touring Inventory | Browse New Sonata Inventory |
National Program Parameters
- First automotive secured loan or credit transaction. *First Time Buyer means applicant has no previous automotive secured loan/credit tradeline on his/her credit report.
- Minimum six months on current job or qualified co-buyer.
- Qualified applicants are eligible for standard rates.
- Up to 100% advance.
- Up to 72 months maximum term.
- Minimum of $1,000 total down payment required (Total down payment may include rebate cash).
- Excludes credit tiers 7 & 8 for terms greater than 60 mos. Credit Requirements
- No adverse credit history. No bankruptcies, foreclosures, repossessions, collection accounts, charge-offs, tax liens, judgments, or any other delinquent credit.
- Verifiable (paystub, W-2, etc.) monthly income sufficient to cover vehicle payment, ordinary living expenses, and all currently outstanding debt, if any.
- Payment to applicant?s gross income from primary job cannot exceed 15%.
- Total monthly debt to monthly income ratio of 50% or less. Total monthly debt includes, if applicable: monthly vehicle payment, monthly rent or mortgage payments, other monthly payment obligations (installment loans, revolving loans, alimony or support payment, etc).
- Subject to additional HMF credit guidelines. Eligible Vehicles New and untitled 2011 and 2010 Accent, Elantra, Elantra Touring and Sonata vehicles, including demonstrators and Service Loaner vehicles with less than 6,000 miles.
- First automotive secured loan or credit transaction. *First Time Buyer means applicant has no previous automotive secured loan/credit tradeline on his/her credit report.
- Minimum six months on current job or qualified co-buyer.
- Qualified applicants are eligible for standard rates.
- Up to 100% advance.
- Up to 72 months maximum term.
- Minimum of $1,000 total down payment required (Total down payment may include rebate cash).
- Excludes credit tiers 7 & 8 for terms greater than 60 mos. Credit Requirements
- No adverse credit history. No bankruptcies, foreclosures, repossessions, collection accounts, charge-offs, tax liens, judgments, or any other delinquent credit.
- Verifiable (paystub, W-2, etc.) monthly income sufficient to cover vehicle payment, ordinary living expenses, and all currently outstanding debt, if any.
- Payment to applicant?s gross income from primary job cannot exceed 15%.
- Total monthly debt to monthly income ratio of 50% or less. Total monthly debt includes, if applicable: monthly vehicle payment, monthly rent or mortgage payments, other monthly payment obligations (installment loans, revolving loans, alimony or support payment, etc).
- Subject to additional HMF credit guidelines. Eligible Vehicles New and untitled 2011 and 2010 Accent, Elantra, Elantra Touring and Sonata vehicles, including demonstrators and Service Loaner vehicles with less than 6,000 miles.
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Contact
Hours
- Monday 8:30am - 9:00pm
- Tuesday 8:30am - 9:00pm
- Wednesday 8:30am - 9:00pm
- Thursday 8:30am - 9:00pm
- Friday 8:30am - 9:00pm
- Saturday 8:30am - 9:00pm
- Sunday Closed
