What’s the difference between direct lending versus dealership lending? Direct and dealership lending are the two primary financing options for drivers in the market for a new car. Both have their advantages and each will benefit a different type of buyer depending on their financial situation. Check out this short comparison of direct lending versus dealership lending from us at SouthTowne Hyundai!
Benefits of Direct Lending
By getting a loan from a bank, the customer is taking part in direct lending.
One of the primary benefits of direct lending is the ability to compare loan offers and terms from competing financial institutions. By doing so, buyers can know the terms before purchasing a vehicle. Knowing the terms of the loan in advance is a benefit in itself.
Benefits of Dealership Lending
Those getting financing directly from the dealership are taking part in dealership lending. The primary difference between the two is that the dealership can sell the contract to a financial institution after signing.
Fortunately, dealership lending comes with multiple benefits as well. An in-house finance department and working relationship with surrounding financial institutions mean both the convenience of a timely response and only having to fill out a single loan application. Some automotive manufacturers offer special incentive programs through dealerships, further increasing the savings customers experience.
Check out our lending options at SouthTowne Hyundai in Riverdale, GA today. We will work hard to get you the best auto loan in the area.
The Hyundai Kona prototype has already been spotted in real-world testing, but now the Korean automaker has released the second official teaser. The latest darkened photo offers a more in-depth look at some of the styling cues. While there’s no word on the powertrain just yet, the new model surely won’t disappoint.
The latest teaser image plays up the Kona’s twin LED daytime running lights above-LED headlights. The upcoming subcompact crossover sticks the styling language found in the 2018 Hyundai Sonata and Elantra GT. The cascading grille design is certainly similar.
The camouflaged prototype spotted earlier made it clear the subcompact crossover would be small. Judging by size, the new Hyundai Kona will likely compete with the likes of the Chevrolet Trax, Mazda CX-3, and Nissan Juke.
The interior is similar to that of the Elantra GT. A free-standing touchscreen sits in the middle of the dashboard and controls are positioned well throughout the cockpit, just as one would expect from Hyundai.
The new Kona subcompact crossover will make its way to the United States in early 2018. First, it will launch in Korea this summer. The subcompact crossover will also be one of the 30 new or refreshed models Hyundai launches in Europe between now and 2021.
We at SouthTowne Hyundai in Riverdale, GA can’t wait for the arrival of the new Hyundai Kona!
All dressed up and nowhere to go? Impossible! If you think you have nowhere to show off a great getup this year, think again. Dust off that old costume and head to one of these thrilling Halloween parties in Atlanta.
Nightmare at the Museum
The fifth annual Nightmare at the Museum will bring an estimated 1,500 people together for some spooky fun. Join the masses on Saturday, October 29th at Atlanta’s four-level Museum Bar. This venue is known for its great food and its breathtaking view of Atlanta’s skyline. This exclusive Halloween event will feature a special haunted floor for your ghostly pleasure.
Monster Bash 2016
If you like Latin music, rum, vodka and/or Halloween costumes, this is your party. Last year’s Monster Bash was such a hit, that Atlanta’s Eclipse di Luna, home to regular live Latin music, is bringing it back on October 29th. At this party, costumes are a must. And make it good, because the top five winners of the costume contest will win a total of over $2,000 in cash and prizes. Even those who don’t win still might snag some cool stuff from sponsors like Bacardi, Jack Daniels, Svedka Vodka and El Jimador Tequila.
Black Magic Masquerade and Costume Party
If you’re the type of person who goes Halloween night or bust, this costume fiesta is for you. Monday, October 31st at the Whiskey Peach night club, Atlanta’s party scene will come together, decked out in costumes and masquerade attire. Expect to dance a lot at this party as DJs will spin late into the early November 1 morning.