Should I Buy or Lease My Next New Hyundai?

For drivers who are deciding on a new Hyundai from our dealership, once you've taken the test drive and picked out what you want, you have another decision to make. That is whether you're going to buy, or if you're going to lease. Our finance team can walk you through the different advantages to each one, and help you make the right decision for our area as you aim to finance your next ride!

Advantages to Buying

For many in our area, knowing that our vehicles are going to endure daily, it's generally why most people buy. When you buy you take an auto loan and pay it off over a period of time. The new Hyundai lineup is reliable, and you also know there are no mileage caps, plus you can customize your vehicle and add accessories you need to drive throughout Chugiak, and JBER. Some benefits of buying includes:

  • Owning the vehicle outright with no car payment after your payments are complete
  • No mileage or customization restrictions
  • Standout rates for securing an auto loan

Advantages of Leasing

When you lease, you're paying a set payment over a set period of time and when those payments are done, you choose between buying your leased vehicle, getting a new lease or going in a different direction. However, there are mileage and use caps on leased vehicles and for those of us in areas like Anchorage, Wasilla, Palmer and Eagle River who know we have to do lots of driving daily, you have to consider your driving habits. But, leasing still presents an option and that includes:

  • The possibility of lower monthly payments
  • Less money due at signing usually
  • The ability to upgrade your vehicle after a few years

Explore Our Current New Hyundai Vehicles to Buy or Lease

The latest options are here and there are many appealing choices in Anchorage. That includes SUVs with all-wheel-drive options, and many of the modern amenities we crave like touch displays, navigation, heated front seats, driving modes for challenging terrain, and more. We'd be happy to go over all the different details with you and set up test drives. We're confident be it the Elantra, Sonata, Palisade, Tucson or Santa Fe, that you'll find the right vehicle in our new Hyundai lineup to buy, as our finance team can assist you every step of the way. We work to secure leases and auto loans and will help you craft a payment plan that makes sense. We can apply trade-in value of your current ride, and work with your preferred financial institutions too.

Learn More About Buying or Leasing Today

At Lithia Hyundai of Anchorage, you can contact us to get started and we can provide details on buying versus leasing here at the dealership to help provide you with the standout car buying experience you deserve.

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