Gap insurance is an important element to purchasing a new vehicle. Oftentimes buyers finance a car with the intent of paying it off in a reasonable amount of time. However, there are incidents that may occur that prevent this transaction from occurring. This includes theft or accidents.
At such a point the loan contract on the car will normally be more than the actual worth of the vehicle according to Blue Book information. For ex
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?
Each week, the team here at Jenkins Hyundai is visited by a lot of honest, hardworking of people who fear their bad credit will keep them from purchasing a pre-owned vehicle at a decent rate. Luckily, drivers in and around Bridgeport credit woes can avoid these pitfalls.
Looking to update your ride without spending a fortune? At Jenkins Hyundai, you can. It all starts when you complete our online finance application. Your sensitive data is encrypted and never shared with third-party vendors, so you'll know it's safe.
