Leasing Vs. Buying in Hicksville

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Should I Lease or Buy my Next Vehicle? The Team at Advantage Hyundai Can Help You Decide

Hyundai has one of the most diverse and impressive lineups that the mainstream market has to offer. With top-notch sedans like the Hyundai Sonata and versatile SUVs like the Hyundai Tucson, Hyundai Santa Fe, and Hyundai Palisade, it's easy to find a Hyundai that offers a great and worthwhile driving package.

The tricky part arrives when the time comes to pay for it. There's more than one way to do it, and deciding on the right method can be a challenge. The team at Advantage Hyundai is here to help you learn more and choose the option that's right for you. Let's talk about the differences between shopping with a loan and leasing.

Leasing vs. Buying

Here at Advantage Hyundai, we field all kinds of questions about financing vehicles. But the most common question we receive is whether our customers should lease or buy their next vehicle. That's why at Advantage Hyundai, we strive to ensure that every one of our customers knows the facts about buying versus leasing. Our team is eager to work one-on-one with you to find the best option for your lifestyle and budget, whether you lease or finance your next vehicle.

Buying A Hyundai
  • If you like to keep your vehicle for as long as possible, then financing a vehicle is a great option for you. While payments are typically higher when purchasing, every time you make a payment you are building equity in your vehicle and eventually, you'll own your vehicle outright.

  • Unlike leasing, there are no mileage restrictions when you purchase a vehicle. If you put a lot of miles on your vehicle, then buying is probably your best option.

  • If you keep your vehicle past the life of the loan, you'll eventually be free of loan payments.

  • Insurance costs are generally lower on vehicles you purchase than on vehicles you lease.

  • You're free to sell your vehicle at any time.

  • You don't have to worry about accidentally spilling coffee on your carpet which might leave a minor stain. -Under a lease agreement, you'll be held financially responsible for that stain when you turn your vehicle in at the end of the lease.

  • You can add accessories or make modifications to your vehicle when you own it.
Leasing A Hyundai
  • If you like to drive a new vehicle and are thinking of trading in your vehicle for a new model every two to three years, leasing is a great option for you.

  • Lease payments are typically lower than if you were to purchase the same car.

  • Lease programs that require $0 or little money down might be a good fit for you if you don't have the cash on hand to make a large down payment.

  • Leased cars are typically covered under the manufacturer's warranty for the duration of the lease. Such warranties are usually bumper-to-bumper and cover any needed repairs.

  • Leases are great if you want your vehicle to have the newest technology. Since you are always driving a car that's only a couple of years old, you can rest assured that whatever model you lease, it will have the latest hi-tech options.

  • Try it before you buy it. You won't have to worry about buyer's remorse with a lease. At the end of your lease, you can always trade-in your vehicle for a model that's more to your liking. By the same token, if you've fallen in love with your leased vehicle, you can exercise your option to purchase it when your lease is up.
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Our Hyundai Finance Offers Deliver Long-Term Support and Flexibility

Financing with a loan is the method of choice for many drivers and traditionally one of the most popular ways to invest in a vehicle. There are good reasons for that. Loans can be used for a wider variety of vehicles, including new models, used models, and certified pre-owned models. Loans also come with fewer rules and restrictions. You'll have the freedom to drive as many miles as you need, make modifications when you please, and otherwise just treat your vehicle like it's yours - because that's what it is.

Perhaps our favorite perk of shopping with a loan? If you pay off the loan and take care of your vehicle, you could enjoy years of payment-free driving. And then you can sell it or trade it in when you're ready to move on to something different.

Save Now with a New Hyundai Leasing Offer

A vehicle loan is a great option if you're looking for long-term value. Leasing is designed around the notion of helping drivers save up front. With a lease, you're essentially entering into a long-term rental agreement. You're paying for the right to use the vehicle, rather than paying for the cost of the vehicle itself.

Because of that, your payments are based on the vehicle's depreciation, instead of its total value. That means lower monthly payments and less money down at the start. At the same time, however, you will have more rules about driving and use. You can't modify a leased vehicle, and you'll need to adhere to annual mileage restrictions and maintenance expectations. That being said, if you have your heart set on the newest Hyundai models and want a lower monthly payment, leasing can make that happen.

Apply for Your Personalized Offer Online at Advantage Hyundai

Are you ready to get started with your next Hyundai experience? Contact the sales team at Advantage Hyundai today and let us know. We can offer insight and advice about loans and leasing, run you through our current new Hyundai inventory, and help you decide which path is the right one for you, your budget, and your goals.

We also offer an online finance application that can help you get started from the comfort of home. A few minutes of time and effort are all you'll need to get pre-approved for a portfolio of personalized offers. The application process can also connect you to new Hyundai specials designed to help you save on your next new model. These deals and specials shift and change all the time, providing a bevy of unique opportunities for drivers to save.

For all your driving needs and more, don't hesitate. Reach out to the sales team at Advantage Hyundai and let us know what's going on. We'd love to show you why we're a trusted resource for drivers like you.

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  1. Advantage Hyundai

    440 Plainview Road
    Hicksville, NY 11801

    • Sales: (844)-300-7756
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  • Contact our Sales Department at: (844)-300-7756
  • Monday9:00am - 9:00pm
  • Tuesday9:00am - 9:00pm
  • Wednesday9:00am - 9:00pm
  • Thursday9:00am - 9:00pm
  • Friday9:00am - 9:00pm
  • Saturday9:00am - 6:00pm
  • Sunday11:00am - 5:00pm