• You do not need to worry about daily wear and tear of your vehicle

• There are no mileage restrictions

• You have the freedom to make any modifications to your vehicle 

• You will earn equity in your vehicle

• You may own the vehicle for as long as you like

Cons of Buying

• Monthly payments are typically higher

• You will not likely have the most recent technology, as you will drive your financed vehicle for a more extended period

• Selling your vehicle can be a lengthy process

• Depreciation is much greater

• If you select a longer repayment term, your interest rate may increase

 

In addition to the above information, it is important to keep a few things in mind prior to making your decision. Whether you are considering a Hyundai Sonata lease or a Hyundai Elantra lease, you should take into account how long you foresee driving the vehicle, how personalized you would like to make it, and what driving conditions it will encounter on a daily basis. For example, if you have a lengthy daily commute, or you are planning on taking frequent road trips, buying - as opposed to Leasing - may be prudent due to the mileage you are bound to accumulate. On the other hand, if making modifications to the vehicle is not essential to you, and you don't see yourself often driving long distances, a Hyundai lease may be an excellent fit. Here at your local Hyundai dealership, we are looking forward to helping you make your decision and seeing you drive away happy in your new Hyundai model.