Finance Center

Frequently Asked Questions

What's better, buying or leasing?

This important choice comes down to your monthly budget and how you expect to use your vehicle. Leasing typically comes with a lower monthly payment than a traditional loan, but there are restrictions on mileage and customization. On the other hand, a loan may be associated with a higher payment but you will be building equity and will spend less over the life of the vehicle.

How long is a typical car loan?

We will work with you to craft the deal that works for your budget. Most loan terms will fall between 48-72 months, with longer financing terms resulting in lower payments.

I've had credit issues in the past. Can I get financing?

We’ve worked with countless customers with all kinds of credit to help them discover their financing options.

Can I finance a vehicle without a down payment?

In most cases, we can offer financing with no down payment. We can also roll taxes, registration, and fees into the financing deal if that works best for you.

Unlock Your Dream Car with Hyundai Finance in Hempstead

Finding the perfect car is exciting, but what comes next is just as important. At Millennium Hyundai, we understand that financing your vehicle is a crucial step in the car-buying process. Our goal is to ensure that drivers from Long Island have a seamless and hassle-free experience when it comes to financing their new Hyundai.

With our dedicated and professional finance team by your side, you can drive home in your dream new or used car while staying within your budget.

Choosing between Leasing

Many customers ask us, "What is the best option: leasing or buying a car?" When you lease a vehicle, you're essentially renting it for a predetermined period, typically three to four years. You make monthly payments throughout the lease term and return the car when the lease ends.

Leasing is an excellent choice for those who enjoy driving the latest models and want the flexibility to switch to a new car every few years. However, it's essential to remember that leasing comes with mileage restrictions and limitations on modifications. But you can also take advantage of things like complimentary visits with our car care services.

Choose Buying

Conversely, when you buy a Hyundai, you'll make monthly payments until the car is fully paid off. Once you own the vehicle, you're free to make any modifications you desire and drive as much as you please.

Buying a car offers long-term ownership, allowing you to trade it in or sell it whenever you're ready for a new Hyundai. It's a fantastic choice for drivers who prefer a sense of ownership and enjoy customizing their vehicles.

Streamline the Financing Process

At Millennium Hyundai, we understand financing can sometimes feel overwhelming. That's why we strive to simplify the process for our valued customers. One way we achieve this is by offering an online credit application, allowing you to apply for credit from the comfort of your own home.

By completing the application beforehand, you'll clearly understand your budget and be better prepared when you visit our dealership. Our finance team is here to assist you every step of the way, ensuring a smooth and efficient financing experience.

Tailored Financing Options

We believe in providing our customers with flexible financing options that suit their individual needs. Our finance team works closely with local banks and lenders to secure our customers' best rates and terms. Whether you have excellent credit, less-than-perfect credit, or are a first-time car buyer, we have solutions tailored to your unique situation.

Our goal is to make Hyundai ownership accessible to drivers from Hicksville, ensuring everyone can enjoy the thrill of driving a Hyundai.

Local Relationships, Trusted Lenders

As a trusted dealership near Huntington, we have established strong relationships with local banks and lenders to ensure we can effectively meet your financing needs. Our partnerships enable us to offer you various financing options, even if you have unique credit circumstances.

We understand that everyone's financial situation is different, and we are dedicated to finding solutions that work for you. Our finance team will work diligently to secure competitive rates and favorable terms, making your car-buying experience hassle-free.

Visit for Your Hyundai Financing Needs

Ready to unlock your dream car? Visit us today and experience the convenience and flexibility of Hyundai Finance. Our knowledgeable staff will assist you in finding the perfect financing option to suit your needs. Don't let financing be a roadblock on owning a Hyundai. Our dedicated team is available to provide you with comprehensive assistance throughout the entire process.

Start your journey toward your dream car by scheduling a test drive and exploring our extensive inventory. Discover why drivers from Valley Stream trust Millennium Hyundai for their Hyundai Finance needs. Contact us today!