Buying Vs. Leasing

You hear the terms a lot, but what does it mean to buy or lease your next Hyundai car or SUV? Well, buying is the more traditional route, where you take out a loan that you repay over time and it covers the entire cost of the vehicle. The value here is that you'll slowly be gaining equity until you own the vehicle outright, at which point you'll no longer have a car payment. There is also no limit on mileage or modifications, so you can do with your car whatever you see fit.

Leasing is becoming more popular these days, but you still have to be the right type of driver to make a new Hyundai lease work. Still, if you don't drive too many miles in a given year, generally have no trouble keeping your car clean and free of damage, and like to upgrade your vehicle more frequently, leasing offers an excellent alternative. And because a lease only covers the estimated depreciation of the vehicle while you drive it, you'll find both a lower monthly payment and shorter term than with traditional financing.

Visit Capitol Hyundai for Your Auto Financing Needs Today!

Take advantage of the experts at our Montgomery Hyundai dealership and allow us to be your one-stop shop for finding and financing your next vehicle!