When it comes to acquiring a vehicle near Seekonk, you can choose to finance your new or used car or lease. At First Hyundai, we want to talk a little bit about the benefits of leasing a vehicle. The key benefits are getting a new car with a used car monthly payment and the ability to turn it in within two or three years.
Lease Payments Are Lower
Lease payments tend to be lower than loan payments because you're only paying for the depreciation over the lease period instead of the entire value of the car. Therefore, you won't have to pay as much to acquire and keep it.
There Is Limited Commitment
When you buy a new vehicle near Milford, you may feel obligated to keep it for several years because of depreciation and other factors. However, you only need to keep a leased vehicle for two or three years, depending on how long the lease period is. When that period ends, you simply return the car without hassle or obligation.
Consider a Lease a Prolonged Test Drive
You have the right to buy the vehicle at the end of the lease period. Therefore, you can think of the lease as an extended test drive or a way to get what you need while you save up enough money to buy the vehicle outright.
If you are ready to lease one of our new models near Mansfield, don't hesitate to come see us today. We can talk about lease specials, how to obtain lease financing or other potential benefits of leasing instead of buying. We'll also take time to evaluate your trade or answer any questions that you might have about the process of acquiring a vehicle by way of a lease.
