Buying a new vehicle is a tough decision to begin with, but deciding whether to buy or lease your next car might make things even more complicated. But with a simple primer, and guidance from our sales staff, it doesn’t have to be stressful!
Buying a new vehicle requires a loan which is a good time for you to look at your credit rating and get an idea of what payments would be. By shopping around to different lenders, you increase your chances of getting a lower interest rate, which in turn helps with your monthly payments. After you pay off that loan you will then own your car, and its equity.
Leasing a new vehicle will give you a lower payment. That’s because in a lease, you only pay for residual value lost, not the whole MSRP. At the end of the term, you can trade up to another new model or buy out your current lease.
Got questions? We can help at our Kahuluhi, HI location. Browse our new Hyundai inventory, and contact us with any questions you might have about model or car-buying process.