Have a Question About a New Hyundai? Ask Pat!
Ask a Question Below.
- I'd like to purchase a new Hyundai. Where do I begin?
We suggest that you start with the new inventory section of our website to see what we have on the lot ready for you to test drive or take home. Search by colour, year, model and more; research the features on new vehicles, and then come on down and visit us in the Waverley Automall at Bishop Grandin.
- What's an appraisal?
An appraisal is an evaluation of your current vehicle, which represents our assessment of what we would be able to give you in terms of payment for your vehicle.
- Where do I find information on the market value for my current vehicle?
- Wouldn't I be better off financially to sell my current vehicle myself?
There might be costs and inconveniences involved with selling your vehicle on your own. Many of our customers find that the convenience of trading in their current vehicle plus the tax savings it provides on the new vehicle purchase, are beneficial compared to the time requirements, financial costs (advertising, repairs, cleaning etc.), and hassle of selling a vehicle privately.
- Will Murray Hyundai be willing to buy my current vehicle if I decide not to buy a vehicle from you?
Yes. This offer is in no way contingent on your purchase of another vehicle from us.
- Where can I find information on your certified pre-owned vehicles?
Click here to browse our up-to-date listings of pre-owned vehicles available now.
- What are the advantages of shopping on the Murray Hyundai website?
MurrayHyundai.com offers several benefits to you including easy, reliable access to information on our new and certified pre-owned vehicles, complete vehicle history, a snapshot of what your payments would look like, financing information and more! Explore our inventory and the features of new Hyundai vehicles from the comfort of your own home 24/7.
- Do I qualify for financing?
We're eager to provide financing for your new vehicle, or we can assist in used car financing. Use our online car loan calculator for an instant loan rate, then proceed to our online finance application. All types of credit, good or bad, can qualify for an auto loan. No credit, no problem! We'll work with you to secure a no credit car loan if your situation requires it. We have strong relationships and are committed to finding you the perfect car loan company to suit your finance needs. Low interest loans are available for customers with existing loans, and we can help you refinance your car loan or adjust the term of the contract.
- What's the difference between leasing and financing? Which would be better for me?
Leasing is like renting, wherein you only pay for what you use. Lease payments are based on the difference between the lease end value and the vehicle cost plus lease finance charges. Taxes are included in the monthly payment rather than the full cost of the vehicle. How much do you plan to drive your new car? Leasing can make good sense, whether you're commuting to work every day or splitting your commute between driving and public transit. A typical lease agreement offers programs for low, high and average kilometre/year drivers. Is it important to you to own your car? If you want to make any customizations or plan to keep it for more than five years, financing may be a better option. Leasing is really about time and usage, while financing for ownership is about a plan to build some equity over a longer timespan. What's a manageable monthly payment for you? Leasing payments can be smaller than financing payments, as the entire vehicle value doesn't rest on your shoulders. You only pay the difference between what the vehicle is worth today and what it will be worth at the end of your term (typically 36-48 months). For example, let's say you're looking to take home a new car at a price of $14,000. If the estimated resale value of that car after 36 months is $6,500, then over the span of your lease, you'll pay only $7,500 (the depreciation) plus taxes, administration fees etc.
- What happens if I owe more on my current vehicle loan than the trade allowance?
Not to worry - we encounter this all the time! What you owe on your current loan is simply rolled over into the price of the new vehicle, and payments are calculated with this in mind.