Should You Buy or Lease near South Miami, FL?

October 15th, 2019 by

When you’ve found a new Hyundai car that fits your every need, it’s time to start thinking about how to pay for it. There are benefits to both financing and leasing, and our professionals at Kendall Hyundai are ready to walk you through all your buying options. Whether you’re searching for a new Hyundai SUV or a sedan like the Hyundai Sonata, our Hyundai dealership in Miami, FL has you covered.

What Are the Benefits of Buying?

Financing a car means that you’ll be taking out a car loan to buy it. The loan will schedule monthly payments over a set term which you’ll pay back little by little, along with interest. When the loan ends, the car is officially yours.

The benefits of financing a purchased vehicle include:

  • Owning the car after the loan term
  • Building equity
  • No mileage limits
  • Possibility of trading it later on
  • Better for poor credit

Talk to the professionals in our Hyundai finance center today to learn more about financing a car purchase.

What Are the Benefits of Leasing?

Leasing a car also has its benefits. This is when you agree to a lease agreement that’s usually just a few years long, with a set monthly payment. When the lease is up, you return the car back to the dealership.

The benefits to leasing a vehicle include:

  • Lower payments so you can better afford brand-new cars with new technologies
  • Coverage for the full lease term by a manufacturer’s warranty
  • Smaller down payments
  • No trade-in value when you bring it back

To learn more about your financing options, talk to our Miami, FL Hyundai dealers today. We’re here to help you drive away in your dream car!

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