If you’re looking for a reliable vehicle, a Hyundai model is always a great choice. However, this doesn’t mean that you have to make a long-term commitment to one vehicle — a Hyundai lease could be your better option. If you’ve never leased a car before, you probably have questions, and here Jenkins Hyundai of Leesburg answers five we commonly get.
How Does Leasing Work?
Leasing is kind of like a long-term rental. You agree to drive a new Hyundai model for a designated period of time, take care of it, and make monthly payments, but it still belongs to the dealership.
Is Leasing Expensive?
If you want to cut costs, leasing is generally the less expensive option compared to buying. This is because you only pay for the value of the car during the lease term, not its full value.
Are There Restrictions with Leasing?
Because a dealership ultimately wants to sell your vehicle, it needs to remain in good condition. There will be a certain number of annual miles you will need to stick to, and no customizations are allowed. Plus, you will be on the hook for anything more than basic wear and tear.
What Happens at the End of a Lease?
When a lease expires, you have several options. First, you may be able to extend it for a short time. Or, you could start leasing the newest version of your car or a different model. In addition, you could just turn it back into the dealership.
Will I Have the Option to Buy the Car?
Another nice aspect of leasing is that if you don’t want to return it or lease something else, you will be able to buy the vehicle. At that point, you can either pay through Hyundai financing or pay for the vehicle outright.
Lease a Hyundai Model in Leesburg, FL
Any other questions about leasing? Get in touch with Jenkins Hyundai of Leesburg, or visit us in person to learn about the latest lease offers. We’re ready to get you behind the wheel of a new Hyundai today!
