Leasing vs. Financing a Hyundai in Downers Grove, IL

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Have you recently browsed through the new vehicle inventory at our Pugi dealership in Downers Grove, IL and spotted a car, SUV, or hatchback with your name on it? The next step in the process is to figure out whether financing or leasing a Hyundai model is the right option for you. We've put together information on financing vs. leasing a car to help you make an informed decision.

Take a moment to learn more about the auto finance center at Pugi Hyundai. You can also check out new vehicle specials and incentives to save on your next vehicle purchase or lease.

Lease a Hyundai: Pros & Cons

Leasing ProsLeasing Cons
You can drive a car that would usually be out of your budget. And your monthly payments will likely be lower than an auto loan payment.You may be faced with expensive upfront costs, such as taxes and fees.
Lease terms only last two or three years, which is great for drivers who appreciate the latest high tech features.You'll need to watch your mileage. When you lease a vehicle, you can only drive the agreed-upon mileage. You are responsible for the cost of exceeding the mileage in your terms of agreement.
When your lease term is up, simply return the vehicle to the dealer, hassle-free.You will be charged for any damage that isn't considered normal wear and tear at end of lease.

Finance a Hyundai: Pros & Cons

Financing ProsFinancing Cons
Feel free to customize your new vehicle as you please.Once the vehicle's warranty is up, all repairs will be out-of-pocket and, depending on how well you maintain your car, could be expensive.
Once you complete your payments, the vehicle is 100 percent yours.Depending on your credit score and the cost of the vehicle, your monthly payments may be pricy.
If you decide your vehicle isn't for you, you can sell it ay any time, even if you're still paying it off.Getting the best deal for your used car can become time consuming.

For more information on leasing vs. buying a car at our Hyundai dealership in Downers Grove, IL, send us a message online or call (877) 885-5942 to speak with a product specialist directly.