When it comes to driving away into the sunset with your dream Hyundai model (an Elantra, perhaps?), there are a lot of elements to consider. One is whether you should buy or lease a new vehicle.

Buying vs. Leasing

Perhaps the most obvious difference between buying and leasing is the question of ownership. When you buy a new Hyundai model, it's yours. Full stop. When you lease, you borrow it, drive it for a few years, and bring it back.

Why should I lease a new Hyundai?

Leasing lets you enjoy benefits like driving a brand new vehicle every few years and all that it entails. That means you get to enjoy things like updated safety and technology features. You'll never be behind for long.

Which is less expensive?

Leasing is almost always cheaper. Initial and monthly payments are lower and you'll only have to pay back the car's depreciation over the course of the lease. Service and maintenance fees are also covered by warranty, so you'll get to enjoy that as well.

Interested in knowing more about buying vs. leasing? Come by our dealership in Bridgeport, WV to meet with an auto finance expert today!