Frequently Asked Questions
- What type of “things” can I finance?
- Is there a limit to how much or how little I can take out?
- Do you offer long-term payment plans for car repairs?
- Are you able to provide auto repair loans for bad credit?
- What is the average interest rate or APR for car repair financing?
- Do I have to get Hyundai repairs if I finance through your dealership?
What type of “things” can I finance?
If it has anything to do with updating, modifying, maintaining or repairing your vehicle, it likely qualifies as an auto repair loan expense. Examples include:
- Transmission repair
- New tires (buy now, pay later tires)
- OEM auto parts installation
- Engine replacement
- Autobody and collision repairs
- General car service
Is there a limit to how much or how little I can take out?
With a down payment, you may be able to finance auto repairs that cost anywhere from $50 to $20,000. Mechanics that do payment plans may not allow you to pay off $20k over time, which typically makes Sunbit financing a better choice.
Do you offer long-term payment plans for car repairs?
Yes, we have flexible payment plans for auto repair. Loans can typically be paid off over the course of 3, 6 or 12 months, although there may be more options available to you, including 72-month flex-pay auto repair financing.
Are you able to provide auto repair loans for bad credit?
Absolutely! In fact, Sunbit, the auto repair financing company with which we partner, proudly claims to approve 90% of all applicants. They provide “no credit check auto repair financing,” meaning there’s only a soft credit inquisition upon application, which won’t impact credit scores. (Note: If you accept the terms of any car repair loans, that will affect your credit history.)
What is the average interest rate or APR for car repair financing?
Interest rates will, of course, vary by applicant. We may be able to offer an introductory 3-month 0% APR loan to fix a car, as well as deferred interest options if balances are paid within 1 month. Again, speak with a member of our team to discuss further.
Do I have to get Hyundai repairs if I finance through your dealership?
No, we repair and service all vehicle makes and models.
Ready to apply for mechanic financing near you? Contact McCarthy Blue Springs Hyundai at (816) 224-7500 to learn more and get pre-approved within 30 seconds.
Ready to apply for mechanic financing near you? Contact McCarthy Blue Springs Hyundai at (816) 224-7500 to learn more and get pre-approved within 30 seconds.