
At Conicelli Hyundai, we understand that choosing between leasing or buying a new car can be a relatively stressful decision for some customers. Honestly, there really is no universally correct answer as to which option is the best. The best choice comes down to individual driving needs and finances, so you need to figure out what exactly you want before moving forward with a purchase. For many people, however, leasing is a great option.
There are many benefits to leasing, but one of the most practical ones for many consumers is cost. Down payments for leases are very often lower than down payments for outright car purchases, and the monthly payments are typically lower for leases as well. You should also factor repairs into the cost of the vehicle, as many leases come with extensive factory warranties that actually take care of all repair costs instead of relying on you, the car owner, to pay for them out-of-pocket. And like the cherry on top of a sundae, leasers only pay sales tax on the portion of the car they finance, which means the government gets a little less of your money, too.
Beyond the cost, though, leasing is great for people that can't stand driving the same car for longer than two or three years. There's no trade-in hassle at the end of the lease; you just turn in the car and get yourself another new Hyundai vehicle. The process is easy, and it allows you the opportunity to drive a brand new vehicle every few years.
Here in Conshohocken, 2014 Hyundai cars are ripe for the picking, but whether our customers buy or lease them is entirely up to them. Leasing, though, makes a ton of sense for a lot of consumers. If you need more leasing advice, come in and chat with one of our experts.