Should you finance or lease your next new Hyundai vehicle here at our dealership serving Conshohocken? The good news is that there isn't really a wrong answer to this question, but you might find that one option is more attractive than the other based on your specific needs. Fortunately, our team is here to help you decide whether financing your next Santa Fe is the right move or if leasing that Hyundai Elantra makes more sense for your lifestyle. So, if you're still on the fence, feel free to take a look at our quick overview to learn more. Of course, if you have further questions, feel free to reach out to us here at our dealership.
Why Should You Finance a New Hyundai Model?
Financing is generally the way to go if your goal is to own your car. Once you're through making monthly payments and your car is paid off, your vehicle is yours to do with as you please. That means that you can drive as many miles as you like, you don't have to worry about paying fees for excess wear and tear, and you are free to customize your vehicle as you see fit. Notably, you can always choose to sell or trade your car later down the line and use its value for something else.
Why Should You Lease a New Hyundai Model?
For many drivers, the most attractive thing about leasing is the lower monthly payments. Leasing a new vehicle is generally less expensive than financing the same one. That's because when you lease, you aren't making monthly payments on the full price of the car. Thus, you get to drive a brand-new car around for a few years, then bring it back and start the process with another new car. It's a great option if you love that new car smell and prefer to drive something that is always under warranty. The tradeoff is that you don't own the car, so the expectation is that you will return it at lease-end more or less how you found it.
Learn More
If you want to know more about the benefits of financing versus leasing, please don't hesitate to reach out to us here at our dealership. Our financing team will be more than happy to go over the details with you and help you choose the right path for your needs.