Finance FAQs

FINANCE FAQs

FAQ: What should I expect the finance process to be when I visit Seidel Hyundai?

Our goal at Seidel Hyundai  is to give you the easiest and friendliest experience you have ever encountered at a car dealership. Starting from the moment you walk in our front door, all the way through the final close of your door as your drive off of the lot in your new or pre owned vehicle.

Our finance department is committed to making sure you get through you document process in a timely manner, while still maintaining the integrity of the importance of your total understanding of your contractual obligations and what they mean to you as an individual. We pride ourselves on tailoring every loan to meet your specific needs and will do whatever we can to make sure you are 100% satisfied and comfortable with your purchase or lease.

Once you have agreed to purchase the vehicle with your salesperson, a designated finance professional will greet you on the showroom floor and bring you back to one of the offices in the finance department where we can go over your transaction in a quieter and private environment. We will then verify your information on your credit application and make sure we have all of the information in our computer correct so our documents are accurate.

We will handle any licensing documents and trade documents at that time. We will have you sign documents for any rebates you might qualify for as well.

We will then show you different options that are available that will protect you and your new or used vehicle. We will then complete your final contract and bill of sale, collect any down payment you are giving us and page your salesperson for your delivery.

You can expect this process to take anywhere from 25 - 30 minutes once you are in the office with us. The time commitment will vary depending on your individual needs and questions.

If you have any questions about this process, we would be happy to answer them. Please call (610) 370-6703  


FAQ: What do I need to bring with me to the dealership if I am financing?

Good question! The list of stipulations given by a lender will vary by individual.

The following is a list of what you can bring to save time later on:

  1.     A current paystub for each person on your loan. Current means less than 30 days old. If you are on of our valued military personnel, please bring a current L.E.S. If your paystubs are online, we will gladly help you print one at the dealership. If you are currently retired or self employed we can use the last three months of bank statements showing your deposits equal to the income you list on your credit application.
  2.     Current proof of residence. This could be in the form of a current utility bill or bank statement. Current means less than 30 days old. Each person on the loan will need proof of residence.
  3.     4 complete references to include name, address and phone number.


The following special programs require the following documentation:

Military Rebate: We will need a Form DD214 or an L.E.S. If you do not have a Form DD214, we can assist you in obtaining one.

Valued Owner Rebate: A current registration or title that is in your name.

Competitive Owner Rebate: A current registration or title that is in your name.

College Grad Rebate: A copy of your diploma verifying your graduation date within 2 years of the date of purchase or a copy of your college transcript verifying your graduation date within six months of purchase and a paystub verifying $2000.00 per month gross income or a letter from a prospective employer verifying an employment start date within 90 days of purchase with a minimum of $2000.00 per month gross income.

AND.......last, but not least...don't forget to bring your government issued I.D. so we know it is you!

The preceding list is a sample the things we might need for your particular transaction. If we need any other documents we will be sure to let you know.