Should You Finance or Lease Your Next New Hyundai Model?
Here at Miller Hyundai, there are plenty of phenomenal new Hyundai models for you to explore. Whether you're looking for something to help you ease through your commute or you want something with plenty of space for your family, there are plenty of value-packed vehicles to choose from in the Hyundai lineup. So, how do you go about driving one home? The two main options to choose from are financing and leasing. Both paths offer unique benefits, so the right one for you might come down to a few key details. Find out more about financing versus leasing to see which one makes the most sense for your needs and lifestyle.
Financing a New Hyundai Model
Financing a new Hyundai vehicle is the way to go if your goal is to own your vehicle and keep it around for a long time. When you finance a new vehicle, you own it once your loan is paid off. That means you're free to do with it as you please. Drive it as much as you want, accumulate mileage and wear and tear without having to worry about fees, modify it, sell it, trade it. All these things are options.
You might prefer to finance your vehicle if you:
- Want to own your car
- Plan to keep your vehicle for many years
- Drive many miles regularly (leases have mileage limits)
- Want to be able to sell or trade in your vehicle and use its value for something else
- Like making custom modifications
If this describes how you plan to approach your new Hyundai experience, then financing your next new Hyundai model here at our dealership serving Vestal, NY and Windsor, NY might be the way to go.
Leasing a New Hyundai Model
Leasing is a unique option that allows you to get more out of the new Hyundai lineup for less. Monthly payments for a Hyundai lease are typically less expensive than those for an auto loan, so leasing a new Hyundai vehicle like the Hyundai Santa Fe is a great option if you love driving new cars and want to spend less. Unlike financing, you don't own the car at the end, but you can enjoy perks such as driving a car that is under warranty for the duration of the lease.
Leasing might be the best option for you if you:
- Want to make lower monthly payments than you would if you were to finance
- Don't tend to rack up miles very quickly
- Love driving new vehicles more frequently (leases are usually about three years long)
- Want a smooth transition to a new car when your lease is up
If leasing sounds like a good fit for your lifestyle, we can go over the details with you and help you arrive at a solution that works for your specific needs here at our Hyundai dealership serving Johnson City, NY and Binghamton, NY.
Find the Right Fit for You at Miller Hyundai
Our team is ready to go over all the pros and cons of financing and leasing to help you determine which one is right for your specific needs. If you're eager to get started on bringing that new Hyundai model of your dreams home to Owego, NY or Endicott, NY, please don't hesitate to reach out to our Hyundai experts. You can get a closer look at your favorite new Hyundai models when you visit our dealership and find out more about your financing and lease options when you stop by our dealership.
Our Hyundai finance center is ready to help you get the most out of your next Hyundai adventure, so please feel free to connect with us if you have any questions. We look forward to serving you.
