Buying vs. Leasing FAQ’s

June 10th, 2021 by

New Hyundai driver grabbing his new keys!

Hyundai Buying vs Leasing FAQs

Know the Facts

At Brandon Hyundai, our team goes above and beyond to not only provide you with a premium collection of new, used, and certified pre-owned vehicles, but we also strive to help you find the best financing option. Many customers struggle when deciding between whether to buy or lease, which is why we are here to help you by offering buying vs leasing FAQ.

Stop in at our Hyundai dealership today to meet with our highly-skilled finance professionals who can explain the process of lease agreements and the pros and cons of buying or selecting Hyundai leasing on a new, high-powered SUV, sedan, or pickup truck.

What are the Benefits of Leasing?

When learning about buying vs leasing FAQ, you’ll soon realize that if you prefer to keep vehicles short term, Hyundai leasing is the best choice. When you choose this option, you are basically renting the vehicle for a designated time frame. You get to drive a brand new Hyundai vehicle with the latest technology, engine options, and safety features while making a low monthly payment.

In many cases, it’s more affordable to upgrade to premium trim levels than it would be if you purchase the vehicle outright. Premium trim levels offer advanced cabin technology, higher-powered engine options, bold style, and enhanced safety features that may not be available on standard or base models.

You are restricted to a mileage limit, which is outlined when you sign the lease agreement; however, you get the benefits of an active manufacturer warranty and specials and discounts that help to lower your monthly payments and reduce your down payment.

It is important to know that a lease is a contract, which means you are required to stay on top of maintenance and avoid excess wear and tear. Your lease payment may also be based on your credit score and security deposit and you are restricted from accessorizing or customizing the vehicle when choosing Hyundai leasing.

The Benefits of an Auto Loan

For drivers who prefer to keep vehicles long term, buying vs leasing FAQ may reveal that it’s much more sensible to choose an auto loan. When you buy a vehicle, you still make monthly payments, but you are not restricted by mileage limits and you can accessorize and customize the vehicle.

Once all monthly payments have been satisfied, you have the freedom to keep the vehicle, sell it to a third party or trade it in at our Hyundai dealership. You must maintain all maintenance and auto repairs once the manufacturer warranty has ended, though, with an auto loan and make all payments according to the loan terms.

Buying vs leasing FAQs also make it obvious that there are many ways to save, regardless of the choice you make with special incentives and deals at Brandon Hyundai.

Should You Lease or Buy?

You don’t have to make the decision alone. The team at Brandon Hyundai is here to present you with all the deals, special incentives, and buying vs leasing FAQs. We understand the importance of making an informed decision that is right for you and your financial situation. Trust in our team to guide you in the right direction while offering a premium selection of new, used, and certified pre-owned vehicles.

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