A new car can be quite expensive. Many people cannot come up with the necessary funds to pay cash up front. They turn to either buying a car with a loan or leasing the vehicle from the car dealership, but there are benefits and drawbacks to each option that need to be considered. Fortunately, our team at Seidel Hyundai can easily breakdown the differences:
When individuals lease a car, they have lower monthly payment obligations. The car dealership technically still owns the car, but the leaseholder gets the same benefits of using a great vehicle for much less money than other options.
With a lease agreement, the dealership provides maintenance throughout the lifetime of the contract. Another plus is that the leaseholder gets to trade up to the vehicle swifter than most.
Individuals wanting to own a reliable vehicle eventually can take out a car loan. There is terrific vehicle finds at our conveniently located dealership. Come in to see us at 9 Parkside Avenue and learn more about the lease and loan deals we have available!
