What do I need?
The monthly instalment on your Hyundai Elantra is dependent on several factors that include the vehicle's price, the deposit you can afford to pay upfront or the trade-in value, and your preferred repayment period e.g. 2 years, 5 years, etc.
You can visit our Finance Calculator page with these figures to calculate an estimate on what your monthly Hyundai Elantra payments will look like.
Please take note, the finance calculator does not take into account your monthly expenses, insurance premiums, and things like vehicle tracking fees or other such fees that come with owning a vehicle that also cut away from your disposable income. So keep these figures in mind when considering a purchase.
Related: Everything you need to know about Car Insurance
Calculation
A new Hyundai Elantra starts from R333 900.00
Price: R333 900
Deposit: R100 000
Repayment period: 60 months
Anticipated interest rate: 12%
Balloon payment: None
Monthly repayment on a Hyundai Elantra calculates to R5 202.98
Our finance calculator will also display how much interest you would have paid at the end of your term, as well as the total price you would have paid for the vehicle. On this specific calculation, the Total Interest calculates to R78 278.58 and Total Instalments Excluding Deposit & Residual totals R312 178.58
Learn about Finance
If you can't afford to pay cash for your Hyundai Elantra, you can always finance it. Here are three different ways you can finance a car.
Interest
Are you aware that interest rates can affect your monthly payments? Interest rates are also dependent on your credit score and may differ between people. Find out here what are Interest rates and how they affect your car payments.
