Electric vehicles are becoming increasingly popular here at Hall Hyundai Elizabeth City, with models like the Hyundai IONIQ 6 and Hyundai Kona Electric. We understand that new electric vehicle buyers are still learning the ins and outs of electric vehicle finance, which is why our friendly Hyundai finance team has assembled answers to some frequently asked questions.
Are There Special Loan Programs for Electric Vehicles?
Yes. Many lenders offer specialized loan programs with competitive interest rates specifically for electric vehicles. Our dealership works with a network of lenders so that you can secure the best possible financing options for your Hyundai EV model.
Are There Tax Incentives for Buying An Electric Vehicle?
Yes. The federal government offers tax credits for purchasing new electric vehicles. Some local energy companies in North Carolina offer a rebate for buyers who install Level 2 chargers in their homes. Of course, EVs are also exempt from the state’s emission testing requirements.
Is There a Battery Warranty?
Hyundai offers extended battery warranties for their EV models, giving you peace of mind and protection against unplanned repair costs. Our finance representatives are happy to explain more about the battery warranty.
Can I Get Approved for an EV Loan With Bad Credit?
The Hall FreshStart program helps drivers with previous credit blemishes, such as bankruptcy, divorce, or repossession, qualify for car loans. We may be able to help you, too.
How Do I Apply for an Electric Vehicle Loan?
If you’re ready to start your electric Hyundai financing journey, fill out our finance application here on our website. All you need is your contact information and some financial information, and we’ll get back to you with the next steps.
Get EV Financing in Elizabeth City, NC
Here at Hall Hyundai Elizabeth City, our friendly team of Hyundai finance professionals is ready to get you behind the wheel of the Hyundai electric car of your dreams! Apply today, or call us if you have a question we haven’t addressed here.
