Bouncing back from Bankruptcy with a vehicle loan

After filing bankruptcy many people thinks their lives are put on hold .  You think you will not be able to establish any lines of credit .  The fear of not being able to get an auto loan.   You are able to get an auto loan after bankruptcy it just takes a few extra steps and a bit of time

Getting an auto loan after bankruptcy is one of the best steps in rebuilding your credit.  Once you are able to prove that you can pay your loan on time, your credit slowly improves.  Some auto finance companies will hesitate to loan money to those who have recently filed for bankruptcy.  They do consider it a risk  But Subprime lenders , or lenders who specialize in loaning money to those who have credit issues,  are often ones to approve loans for those who have filed bankruptcy.

You can expect a higher percentage rate on subprime loans.  This is the downside but it is the temporary way to rebuild and re establish your credit lines.   Many chose to shop on line for subprime rates.  This is discouraged.  The best way is to find an auto dealer that specializes in sub prime financing in auto loans.  These dealers have relationships built with the lenders to get you back on track with your credit.

If you have a credit score below 500, you may need to take extra steps to secure a subprime loan.  You may need to bring in extra paperwork for the finance department to send to the lenders.  This may include your proof of income, proof of residence, bankruptcy paperwork and a down payment will be needed.

John Amato Hyundai Superstore in Milwaukee has specialized in establishing and reestablishing credit for its customers.  They have been in business for over 50 years. Not only do they have 30 different lenders but also have in house financing available.  Call them today 414-357-8500

 

 

Qualifying for a bad credit auto loan

Many people ask “what do I need to have in order to qualify for a bad credit auto loan”?  While most situations are unique and no two cases are the same the following is basic qualifications that will get you a better chance of getting an auto loan with bad credit situations.

  1.  Monthly income of between $1700 and $1800 per month –  This is about the lowest income level you can have if you want to get an auto loan.  While you still may have options if your income is lower, that is few and far between.  So if your income is too low  you will need a cosigner.
  2. Full time employment – People who are not employed full time can difficulty getting an auto loan.  Seasonal employment does not count to the lender.
  3. Legal residency – In most cases you will have to be a legal resident of the United States.  If you are not a legal resident you probably will not qualify for an auto loan
  4. Currently residence in the United States – In most cases, you will also need to reside (have a home or apartment) in the United States to be considered for a loan.  You will need to provide proof of residence in most cases to obtain financing.   You will also need to provide a working phone number
  5. Currently having or able to obtain auto insurance – If you do not have car insurance a lender is most likely to turn you down for auto financing.  There is risk to the lender if the vehicle is totaled in an accident and you do not have auto insurance.  It is also illegal not to carry auto insurance in the state of Wisconsin

Get prequalified today at John Amato Hyundai Superstore.  Not only do we work with over 30 different lenders we also offer in house financing options.  John Amato Hyundai Superstore Milwaukee where we specialize on establishing and re establishing your credit

 

 

Hyundai Sonata Recommended Maintenance Schedule

In order to protect your investment of your Hyundai Sonata it is recommended to follow the following maintenance schedule

7,500 miles or 6 months

  • Inspect air cleaner
  • Inspect vacuum hose
  •  Replace engine oil and filter

15,000 miles or 12 months

  • Inspect air cleaner
  • Inspect vacuum hose
  • Inspect air conditioning refrigerant
  • Inspect brake hoses and lines
  • Inspect drive shafts and boots
  • Inspect exhaust pipe and muffler
  • Inspect drive shafts and boots
  • Inspect front brake disc/pads, calipers
  • Inspect rear brake disc/pads
  • Inspect steering gear box, linkage & boots/ lower arm ball joint, upper arm ball joint
  • Inspect suspension mounting bolts
  • Replace climate control air filter (for evaporator and blower unit)
  • Replace engine oil and filter

22,500 miles or 18 months

  • Inspect air cleaner filter
  • Inspect vacuum hose
  • Replace engine oil and filter

30,000 miles or 24 months

  • Inspect vacuum hose
  • Inspect air conditioning refrigerant
  • Inspect brake hoses and lines
  • Inspect drive shafts and boots
  • Inspect exhaust pipe and muffler
  • Inspect front brake disc/pads, calipers
  • Inspect rear brake disc/pads
  • Inspect steering gear box, linkage & boots arm ball joint, upper arm ball joint
  • Inspect suspension mounting bolts
  • Inspect brake/clutch (if equipped) fluid
  • Inspect fuel filter
  • Inspect fuel lines, fuel hoses and connections
  • Inspect fuel tank air filter
  • Inspect parking brake
  • Inspect vapor hose and fuel filler cap
  • Replace climate control air filter (for evaporator and blower unit)
  • Replace air cleaner filter
  • Replace engine oil and filter

37,500 miles or 30 months

  • Inspect air cleaner filter
  • Inspect vacuum hose
  • Inspect manual trans-axle fluid (if equipped)
  • Replace engine oil and filter

45,00 miles or 36 months

  • Inspect air cleaner filter
  • Inspect vacuum hose
  • Inspect air conditioning refrigerant
  • Inspect brake hoses and lines
  • Inspect drive shafts and boots
  • Inspect exhaust pipe and muffler
  • Inspect front brake disc/pads
  • Inspect steering gear box, linkage & boots/ lower arm ball joint, upper arm ball joint
  • Inspect suspension mounting bolts
  • Replace climate control air filter (for evaporator and blower unit)
  • Replace engine oil and filter
  • Replace spark plugs

52,500 miles or 42 months

  • Inspect air cleaner filter
  • Inspect vacuum hose
  • Replace engine oil and filter

60,000 miles or 48 months

  • Inspect vacuum hose
  • Inspect air conditioning refrigerant
  • Inspect brake hoses and lines
  • Inspect drive shafts and boots
  • Inspect exhaust pipe and muffler
  • Inspect front brake disc/ pads calipers
  • Inspect rear brake disc/ pads
  • Inspect steering gear box, linkage &  boots/ lower arm ball joint, upper arm ball joint
  • Inspect suspension mounting bolts
  • Inspect brake/ clutch fluid
  • Inspect fuel filter
  • Inspect fuel lines, fuel hoses and connections
  • Inspect fuel tank air filter (if equipped)
  • Inspect parking brake
  • Inspect vapor hose and fuel filler cap
  • Inspect valve clearance
  • Inspect drive belts (First at 60,000 miles after every 15,000 miles)
  • Replace climate control air filter
  • Replace air cleaner filter
  • Replace engine oil filter
  • Replace coolant (first 60,000 miles after every 30,000 miles or 24 months)

67,5000 miles or 54 months

  • Inspect air cleaner filter
  • Inspect vacuum hose
  • Replace engine oil and filter

75,000 miles or 60 months

  • Inspect air cleaner filter
  • Inspect vacuum hose
  • Inspect air conditioning and refrigerant
  • Inspect brake hoses and lines
  • Inspect drive shafts and boots
  • Inspect exhaust pipe and muffler
  • Inspect front brake disc/ pads, calipers
  • Inspect rear brake disc/ pads
  • Inspect steering gear box, linkage & boots/ lower arm ball joint, upper arm ball joint
  • Inspect suspension mounting bolts
  • Inspect manual trans-axle fluid
  • Inspect drive belts (First 60,000 miles after every 15,000 miles)
  • Replace climate control air filter (for evaporator and blower unit)
  • Replace engine oil and filter

 

For additional maintenance schedule see John Amato Hyundai Superstore

 

 

Is this the death of the Prius with the Hyundai Ioniq

The Hyundai Ioniq is coming.

Hyundai is not going for a segmentation of consumers it is aiming to please a mass market with 3 power trains being offered. This new vehicle is available as a hybrid, plug-in hybrid and EV.  It is reported that the Ioniq will be powered by a 104 hp 1.6 liter I-4 paired along with a 43-hp electric motor.  This new vehicle is rated at 139 hp and 195 lb-ft in first gear.  In second to sixth gear the system makes 173-lb ft

 

The Hyundai Ioniq uses a 6 speed dual clutch automatic gearbox instead of a CVT.  The Ioniq will ave a gear box that has two driving modes  the Eco and Sport  The Eco will maximize fuel economy by shifting earlier to higher gears while the Sport will hold lower gears longer and will enable the four cylinder and electric motor to make full power for improved performance.

The Ioniq will come with an independent suspension at all four corners that  is made with less aluminum for less mass and weight and improved riding and handling.  a key feature for this vehicle is that the suspension setup is the dual control arms located in the rear which improves the quality of the ride.

The interior of the Ioniq will be built of mainly recycled materials that makes it more eco-friendly.  The door covers will be made of recycled plastic mix with powdered wood and volcanic stone.  This makes it 20% lighter and has the same level of insulation as conventional materials.  From the carpeting to the headliners are partially made of raw materials extracted from sugar cane .

The exterior paint of Hyundai’s new model uses ingredients extracted from soybean oil to achieve metallic effects.

For the infotainment front Hyundai’s multimedia interface is available and can be had with a 7 inch touch screen front cluster.  This will display everything that the driver needs from speed, eco information, state of charge and fuel levels.

The Eco Driving Assistance System maximizes the hybrid power-train efficiency using the navigation system to judge the road conditions and assess if the car can take advantage of extra assistance from the internal combustion engine or take advantage of road conditions to let the battery charge.

On the safety side the Ioniq will offer advanced assistance systems like automatic emergency braking, blind spot warning, rear cross traffic alert, adaptive cruise control, lane departure warning, lane keeping assist, and lane change assist.

 

Keep an eye out for the Ioniq at the 2016 New York Auto Show.

As soon as they arrive at the dealers, make sure you schedule your test drive at John Amato Hyundai Superstore.  #1 New and Certified Preowned Hyundai Dealer in the State of Wisconsin  www.johnamatohyundai.com

 

 

Hyundai Ranked #1 for lowest average cost of repairs

Hyundai has taken the #1 spot for fewest failures and lowest average cost of repairs for 2015.

According to the auto repair data site CarMD.com, they reported that Hyundai vehicles took the top spot in the ranking of fewest “check engine” related failures and lowest average cost of repairs.    There were problems reported on just 2.93 percent of Hyundai models from the past 20 years.  The average cost to repair one of the vehicles was just $316.16

According to the report Hyundai owners had fewer trips to the repair shop as compared with other manufacturers.

Hyundai previously ranked number 1 in 2013 before dropping to number 2 in 2014. We are pleased that it took back the #1 spot for 2015

Among the individual models the 2014 Sonata was found to be the number 7 for most reliable vehicle.  Also the 2013 Tucson, 2014 Elantra, 2014 Accent ,and 2012 Tucson also took ranking in the top 100 vehicles.  With that combination it placed Hyundai among the top 2 percent of all vehicles.

Nissan had the highest average cost of repair which averages $430

The CarMD Vehicle Health Index Manufacturer and Vehicle Reliability Rankings include data from more than 251,000 repairs to an estimated 192 million vehicles produces since 1996

The Top Five includes the following :

  1. Hyundai : Problems found on 2.93 percent of vehicles, average repair cost $316.16
  2. Toyota:  Problems found on 12.89 percent of vehicles, average repair cost $411.71
  3. Honda:   Problems found on 8.66 percent of vehicles, average repair cost $408.69
  4. Ford:      Problems found on 18.63 percent of vehicles. average repair cost $309.55
  5. Chrysler: Problems found on 13.41 percent of vehicles, average repair cost of $316.76

With over 400 New and Preowned Hyundai vehicles in stock , schedule your test drive today at John Amato Hyundai Superstore Milwaukee.  #1 New and Certified Preowned Dealer in the State of Wisconsin

www.johnamatohyundai.com #Hyundai

 

2017 Hyundai Elantra coming soon

2017 Hyundai Elantra SE

 

The all new 2017 Hyundai Elantra is coming to John Amato Hyundai Superstore soon.  The starting price point of $17985 is key to making it the second cheapest compact sedan in the United States.

 

Elantra SE

The six speed manual SE will come with the new 2.0 liter Atkinson-cycle 4 cylinder.  You will still get the great fuel economy of 26 mpg city and 36 mpg highway.  This is targeted to be $100 cheaper than the 2016 models.  With that in the 2017 Elantra Se you will gain standard features of driver’s knee airbag, drivers side mirror, projector beam headlights and tinted glass.  The consumer will still have power windows/mirrors/ locks and six speaker stereo with Sirius Xm and USB port as standard options.  If you choose for the six speed automatic the fuel economy improves to 29 mpg city and 38 mpg  highway

Only the automatic Hyundai Elantra SE can be ordered with the Popular Equipment group.  This grouping includes : Cruise control, steering wheel audio controls, Bluetooth, 7 inch touch screen and audio head unit with Apple Car Play and Android Auto and back up camera.  It also comes with 16 inch alloy wheels, automatic headlamps, heated mirrors and additional noise insulation under the hood.  This grouping sells for about $800 which has many upgrades for the price

If you opt to have the Tech package you not only get the options of the Popular Equipment Group but also LED daytime running lamps, blind spot detection with cross traffic alert, leather covered steering wheel and shift knob, key-less entry system, push button start, heated front seats, dual zone climate control, 3.5 monochrome instrument panel display.  This package is for about an additional $1400

 

Schedule your test drive today at John Amato Hyundai Superstore.  Serving Milwaukee for the past 50 years.  #1 combined new and certified preowned Hyundai Dealer in the state of Wisconsin

 

 

 

 

Featured Vehicle of the Week 2014 Hyundai Tucson

When looking for a preowned compact crossover SUV, take a look at the 2014 Hyundai Tucson at John Amato Hyundai Superstore.

The 2014 Hyundai Tucson comes with fresh look compared to other SUV in its class with new direct-injection engines as well as new dual path dampers, which improve comfort without negatively affecting its handling  The engine has more torque when comparing to the other compact SUV in its class.

Standard features for the base Hyundai Tucson include air conditioning, Bluetooth hands-free calling, key-less entry, USB port, satellite radio, power windows, locks, mirrors, automatic headlights, fog-lights and heated seats.  Se models come with rear view camera system and a 4.3 inch touch screen.

There is no manual gear box in the 2014 Hyundai Tucson.  All models come with a six speed automatic transmission that includes Shiftronic manual controls.  There are 2 engine sizes to choose from.  a 2.0 liter and a 2.4 in line four cylinder gets direct injection.  With both cases it raises the available torque and gives the fuel economy a boost.

The interior room of the 2014 Hyundai Tucson has more room than the Nissan Rogue and Ford Escape.  It does come in a bit smaller than the Honda Crv.

The Hyundai Tucson does come with impressive cargo space.  The interior cabin also has plenty of other storage space available.

The National Highway Traffic Safety Administration gave the Tucson a 4 star score for frontal impact and rollover resistance and a Top 5 star rating in side and side pole tests.

Stop in at John Amato Hyundai Superstore Milwaukee to test drive one of the several Certified Preowned Hyundai Tucsons in stock

#hyundai

Nitrogen tires needed for cold weather

It is well known that Nitrogen tires better withstand extreme temperatures.  

Air filled tires are more sensitive to temperatures changes than nitrogen tires, so with air-filled tires you run the risk of driving on tires that are below tire pressure. It also means that while you are driving, your tire pressure will also fluctuate with larger swings.  These sorts of changes don’t represent the safety that you want when you are driving on icy roads or at the beginning of snow fall when the road surfaces change. Since nitrogen tires better withstand the extreme temperature ow winter, they are much safer for driving then air filled tires.

Driving when the roads are not safe may seem like a gamble, but you can increase your chances of arriving safely by using tires that are ready for these conditions.

When driving on slippery winter roads, you need tires that can handle those conditions.  This means that tires that are under pressure, or have uneven wear are going to give you trouble as the road conditions change.  Proper tire pressure solves the problem.  Also under inflated tires cause uneven wear to  your tires.  Nitrogen tires maintain proper tire pressure for longer periods of time, which is one thing to have when traveling through severe weather

 

With winter road conditions, commute times are usually longer because you have to be more careful on the roads.  You  might also have to take different routes to avoid accidents and traffic.  All that means is you are burning more fuel and increasing how much you spend on gas. To keep that to a minimum you can fill your tires with nitrogen.  Nitrogen tires increase your fuel efficiency by 3 percent which can make a big difference as gas prices increase.

Schedule your nitrogen fill at John Amato Hyundai Superstore Milwaukee before the weather gets worse

2014 Hyundai Accent GLS Preowned Option

Looking for a great fuel economy vehicle that does not break the bank in cost, Look no further than the 2014 Hyundai Accent GLS.   With 20 in stock at John Amato Hyundai Superstore there are several to choose from starting right around $11000.

The Hyundai Accent comes in two body styles, a five door hatchback and four door sedan.  As a subcompact vehicle the Hyundai Accent often competes against the Honda Fit, Toyota Yaris, Ford Fiesta, Mazda 2 and Nissan Versa

When it comes to the comparisons The Hyundai Accent interior volume puts it in the large compact class.  The Accent is also longer in wheelbase and overall length, which means for the customer more room for passengers, cargo and an overall more smoother ride.

In 2014 the Accent received more standard equipment.  This includes one-touch turn signals, sliding sun-visors, and drivers blind spot mirror.  The audio system was updated in 2014 with improved voice recognition.

This vehicle had a complete cosmetic make over in 2012.  The latest accent has far more modern interior than the previous model, with metal accents on the doors, steering wheel and center console.  Sportier seats features superior cushions and bolsters.  The instrument panel, center stack, and vents are all easy to access and operate.

When looking for storage, the rated cargo capacity of the hatchback models is 21.2 cubic feet behind the folding second row bench seat and 47.5 cubic feet with the second seat folded flat.  Door and console storage is generous and upper level models have a sliding console armrest which is unusual and not found in other subcompacts in its class.

When considering the next subcompact, consider the Hyundai Accent and John Amato Hyundai Superstore .  The #1 Certified Hyundai Dealer in the State of Wisconsin.  We buy our Hyundai vehicles in mass amounts and pass the savings on to the consumer

 

 

How cold weather effects your vehicle

With cold weather approaching, the weather temperature goes below freezing your vehicle can suffer.  Many auto experts say that the cold weather can cause damage to all parts of your vehicle over time , especially when the temperature dips below zero.

Below are a list of five that cold can affect and damage your vehicle

Thickening of Fluids

In cold temperatures your vehicle fluids (ie oil, antifreeze, transmission fluid) thickens which happens their ability to flow.   Also when the fluids are not thin enough, it can tear your internal seals.  Our recommendation is to have your fluids changed and at a proper level before cold weather hits.

Dead Battery

During the cold weather season, your car battery works harder to start the vehicle.  If the battery is more than three years old, consider buying a new one.

 

Tire Pressure

With extreme temperatures, your vehicle’s tire pressure will fluctuate.  In cold weather, the tire pressure can decrease at rest and increase when the vehicle is moving.

Driving with low tire pressure will lead to uneven wear and a shortened life span of your tire.  This can also create a tire blowout

Leaking

With the condensation of the weather when it is cold issues with your vehicle can arise.  Condensation turns to water, which turns to ice.  You can get ice in the power steering, brake and engine transmission systems,  This can cause leaks in high and low pressure systems.  Leaks in the steering and brake system can be hazardous and dangerous if a malfunction occurs.

Salt

Salt can stick to your vehicle metal components, which can cause corrosion to your undercarriage, brakes, and wheel wells.  We advise to wash your vehicle during the winter months to eliminate the salt build up

 

Before the temperature dips schedule your service at John Amato Hyundai Superstore