Should I Lease or Finance a New Hyundai?

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rolling-heather
August 29, 2024 7:29 AM
I've been in your shoes before. I recently purchased a new Hyundai Elantra and leased my wife's Santa Fe. Leasing makes sense if you're someone who likes to drive a new car every few years, but finance is better if you plan on keeping the vehicle long-term. I calculated that leasing saved us around $200-300 per year in comparison to financing, but since we kept our last Hyundai for 7 years, it would've been more cost-effective to finance this time around. Ultimately, consider your driving habits and financial situation before making a decision.
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donna-donna549
August 20, 2024 3:22 AM
I've leased my last two Hyundais and couldn't be happier with the experience. Low monthly payments, easy upgrades to new models, and minimal depreciation risk are all big advantages of leasing for me. However, if you're someone who likes to drive a car until it's on its last legs, financing might be the way to go. Just make sure you've got a solid understanding of the total cost of ownership before signing anything!
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_full-judy-judy
August 31, 2024 3:42 PM
I've been driving Hyundais for years and recently leased my new Sonata. The monthly payments are significantly lower than financing, but I have to be careful not to exceed the mileage limit or incur excessive wear and tear fees. If you can afford it, leasing might be a great option - you get to drive a brand new car every few years without the long-term commitment of owning. However, if you keep your cars for a while, financing might still be the better choice.
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smashed-jennifer
September 7, 2024 8:16 PM
I've leased my last two Hyundais and have been very happy with the experience. The monthly payments are lower than financing would be, and at the end of the lease, I get to drive a new car every few years. Plus, the fuel efficiency and reliability of modern Hyundais make it an affordable option for me. If you're someone who likes trying out different models or wants a low upfront cost, leasing might be the way to go.
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