When it comes to buying or leasing a car the options can be confusing. To help you make an informed decision we have provided the information below. Be sure to visit the Finance Center to learn about financing options for your new Hyundai and check out the specials page to see the different lease offers. We hope you find it informative and useful.
You own the vehicle and get to keep it as long as you want it.
You don’t own the vehicle. You get to use it for a finite period of time, and usually for a limited number of miles.
If you are financing, there can be a down payment ranging from zero to several thousand dollars plus other fees.
Down payments can range from zero to several thousand dollars, plus other fees.
Can be higher than lease payments, but does allow you to gain equity in the vehicle.
Monthly payments can be lower with a lease payment, because the bulk of payments are covering depreciation.
If you are financing, there can be a down payment ranging from zero to several thousand dollars plus other fees.
Down payments can range from zero to several thousand dollars, plus other fees.
There are no mileage limitations, keeping in mind the higher the mileage, the less value it will retain.
Leases have language that limits the number of miles allowed during the lease term. Going over this number will result in additional fees.
When you are ready to move on, once payments are finished you can either sell your car or trade it in on another, again depending on if there is a balance owed.
When your lease is up, you turn the car in, you walk away, start over with another vehicle, or if you like your vehicle you have the option of financing it.
Smart Hyundai of Davenport can handle your lease return at our Hyundai dealership. No matter where you originally leased your Hyundai, you can return your vehicle to our Smart Hyundai of Davenport dealership at lease-end.
Not ready to say goodbye? You don’t have to because you’ve got options! Whether you are looking to lease, return, or purchase the current Hyundai you are in , our certified Hyundai Salesmen are here to help you make the best decision. Be sure to check out our Dealership Specials if you do decide to lease.
