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 first few moments after a car accident can be incredibly stressful, especially for those who haven’t been driving for very long. Panic and fear can make it hard to remember what to do, and that could hurt you when making an insurance claim. Here are a few tips regarding what to do after a car accident because we at SouthTowne Hyundai are here to help.
The first thing to do immediately following an accident is to breathe and try to relax. Panicking will ultimately result in mistakes and a foggy memory. Take a moment to clear your mind before exiting the vehicle. Your wallet, insurance company, and future self will thank you.
Check for Injuries
The next step after remaining calm is to check for injuries. Make sure you don’t have any serious wounds or pain. Once you’ve checked over yourself, attend to any passengers to make sure they’re okay as well. Finally, check on anyone else involving, including the other driver and any bystanders.
While you should always call the police, even for minor accidents, it’s equally important to gather the other driver’s information as well. Make sure to get their name, insurance company (or agent), and a copy of the police report. Having that information ready to go will expedite the claims process.
Tesla has become a major player in the electric car segment, but now Hyundai is offering premium competition. The South Korean automaker revealed plans to bring an electric SUV to the market in 2018. The new Hyundai electric SUV will kick off plans to release a full range of electric vehicles.
It’s no secret that Tesla holds almost all the cards and generally dominates the competition when it comes to electric vehicles. Few competitors have been able to hold a candle to the lineup. Hyundai is looking to change that by rolling out new electric vehicles on an entirely new platform.
Other automakers have fallen short when it comes to long-range electric offerings. That’s why the new Hyundai electric SUV will boast an impressive 186-mile range. That will set the standard for the entire line of electric vehicles planned in coming years.
Hyundai’s new electric SUV won’t face Tesla alone. It will be joined by a sibling with Kia badging released around the same time. The Genesis luxury brand will see a plug-in hybrid SUV in 2019 and an electric luxury car in 2021.
“The electric-vehicle platform will require high up-front investments, but we are doing this to prepare for the future,” said Lee Ki-sang, head of Hyundai-Kia green car operations.
Springtime is just around the corner, so you might want to get a start on some spring cleaning. Why not start with your car? Here are some car spring cleaning tips for you from us at SouthTowne Hyundai.
Start on the outside by scrubbing those headlights and taillights. They can get foggy and dirty during the winter, so scrubbing them will help your visibility.
Clean Out the Trunk
A lot of things can get haphazardly thrown in the trunk. Take the time to finally donate that bag of clothes or move the ice scraper to the basement.
Wax the Outside
Get a bright and shiny look going into spring by washing and waxing the exterior of your car. Waxing doesn’t just make your car look nice; it also helps seal your paint, protecting it from water spots and wear and tear.
Take that vacuum to the inside of your car. Don’t miss a spot – get under the mats, all the nooks and crannies, and all over the seats.
The bottom of your car can get pretty mucky, especially with mud or rain that can come with winter. Take a hose to the underneath or your car to give it a good washing.
Hyundai is all about innovation. That’s why the brand’s always coming up with new ideas. The Hyundai Fuel Cell Concept debuted at the Geneva Motor Show and it’s a glimpse of the future.
The FE Fuel Cell Concept is a next-generation car that is hydrogen-powered and ready to impress. This concept comes from many other revolutionary eco-concepts up Hyundai’s sleeve. The “FE” part of the Fuel Cell Concept’s title stands for “Future Eco” and represents the environmentally-friendly future of Hyundai vehicles.
The FE Fuel Cell Concept starts with an innovative, flowing design on the outside. This isn’t only stylish, but it helps increase aerodynamics. On the inside, there are innovative features like the internal air humidifier, which recycles water that’s produced to create a cleaner car interior.
This all-new Fuel Cell concept is more revolutionary by boasting technology that makes it 20% lighter and 10% greater efficiency than the previous Fuel Cell Concepts.
There is plenty of innovation everywhere in this car, even where you wouldn’t expect it! The FE Concept has portable battery packs that are charged by the car’s own energy – to charge your devices! Talk about convenience.
Keep your eyes peeled for more information about what Hyundai has in store by following SouthTowne Hyundai.
A Good Design award from the Chicago Athenaeum Good Design Program is the most prestigious design award in the world. Each year, creators from all different fields including industrial, graphic, and product design submit their designs, and members of the Athenaeum pick the most innovative, cutting-edge submissions from each area.
This is the second year in a row the Hyundai Ioniq has won a Good Design Award. The Ioniq is the first eco-vehicle in the world to offer Hybrid, Plug-In Hybrid, and Electric versions, which results in a fantastic driving experience in addition to the award-winning design. The Ioniq is feature-complete and offers a slew of safety features on top of its versatile propulsion options.
The Vision G concept debuted in 2015 in Los Angeles as a luxury coupe focused on driver comfort that will kick off Hyundai’s Genesis sub-brand. The Vision G’s sporty styling promises performance, and its value and smart features make it a practical choice as well as an indulgent one.
The Athenaeum Museum President Christian Narkiewicz-Laine said that Hyundai’s multiple wins over two years show “its firm commitment to innovation and superior design embodiment through its diverse vehicle lineup.”
The innovative Hyundai IONIQ is now even more ground-breaking. During a press conference at the Automobility LA, which took place during the LA Auto Show, Hyundai introduced a new autonomous Hyundai IONIQ concept car that stands out significantly from other self-driving vehicles.
This new model is one of the few autonomous cars that has a hidden LiDAR system on its front bumper, rather than its roof. Typically, vehicles with self-driving technology will have a large, obtrusive radar system on its roof, making them appear more like a science project than an advanced vehicle. The IONIQ concept instead looks like a regular, everyday car, keeping the lineup’s suave silhouette and attractive exterior.
Hyundai’s hidden LiDAR system means the Autonomous IONIQ can detect the absolute position of surrounding vehicles and objects. This system also has three cameras that can detect pedestrians, lane markings, and traffic signals; Forward Facing Radar to aid in route planning; and a Blind Spot Detection system that makes simple lane changes safer. It even has a GPS antenna that determines the vehicle’s precise location at any given time. Three versions of this model is now in testing, along with two Autonomous Tucson Fuel Cell vehicles.
Currently, the production IONIQ offers a number of driver assistance technologies that make it as close to autonomous as possible. These technologies include Automatic Emergency Braking with Pedestrian Detection, Smart Cruise Control, Lane Departure Warning, and Rear Cross-Traffic Assist.
To learn more about Hyundai’s current innovative technology offerings, make sure you stop into SouthTowne Hyundai.
The annual SEMA Show offers automakers the chance to show their creative side with incredible, unrealistic models and show off the work of talented designers. Show goers are able to see some crazy concept vehicles, some of which could possibly make it to the production line. Automakers also have a tendency to team up with design companies and that’s exactly what Hyundai did for their concept at the 2016 SEMA Show.
Hyundai teamed up with Gurnade, Inc. to create the ultimate Veloster concept to show off at SEMA. The Gurnade Veloster concept puts an even more aggressive spin on the hatchback’s stance by adding flares, a rear spoiler, three-piece lightweight forged wheels, and integrated flares.
Hyundai approached Gurnade, Inc. with a proposition to create the ultimate Veloster concept. The company had always been impressed by the aggressive design of the production model so they simply couldn’t refuse.
“So when Hyundai approached us with the opportunity to develop one of their vehicles for SEMA, we didn’t hesitate to create the Gurnade Veloster Concept. It leverages all the strengths of the Veloster and takes it where we always envisioned it could go,” said Joshua Cloud, owner of Gurnade, Inc.
The concept vehicle includes a number of racing features, like Cobra Nogaro racing seats and a front crash bar.
We here at SouthTowne Hyundai are happy to see such an incredible concept at the 2016 SEMA Show!
In the ever-changing, fast-paced automotive market, those who fall behind are generally left behind. As many automakers continue to research and develop autonomous technology, Hyundai is reaching out to one of the top dogs when it comes to technology. Although nothing has been confirmed just yet, a Hyundai-Google partnership could happen sooner rather than later.
Hyundai is one of the few automakers that hasn’t made developing next-level autonomous technology a top priority. In an effort to remain competitive, the Korean brand reached out to Google for help.
Google has been running its own self-driving program and vehicles have logged well over 1.7 million miles. If Hyundai and Google were to join forces, the Korean brand could become an industry leader when it comes to self-driving cars.
John Krafcik, who left Hyundai to join Google last year, would likely aid any partnership. He’s currently in charge of Google’s self-driving car project and in the perfect position to collaborate with Hyundai.
Considering Hyundai is one of the most enthusiastic automakers when it comes to innovative technology, it wouldn’t be surprising to see the Korean brand get a jump on the autonomous vehicle market. Having quickly implemented Apple CarPlay and Android Auto software, the Korean brand is always looking for innovative technologies!
We here at SouthTowne Hyundai are hyped to see what a Hyundai-Google partnership could create!
Hyundai changed the game when they released the Hyundai Tucson Fuel Cell Vehicle, and now, they are working on their second fuel-cell-powered model. We don’t know much about it yet, but we do know that it will debut at the 2018 Winter Olympics.
According to Hyundai Eco-vehicle Development Director Ahn Byung-ki, the new fuel cells will be smaller and made of less platinum, and they will be paired up with an electric motor – which will also be smaller.
As for the model that it will go into, it appears that Hyundai is coming up with something totally new. Rumor has it that the new Hyundai hydrogen fuel cell model will be some sort of crossover SUV.
Hyundai’s mission is to create a vehicle that can drive for 400 miles without needing to stop for gas. We hope this is the car they are talking about!
To learn more about what Hyundai has in store, contact us or visit us anytime at SouthTowne Hyundai.