Our Hyundai dealers certainly understand that there is more than one way to take home a brand new Hyundai car. At Kearny Mesa Hyundai, we provide our customers with more than just new and used options; we also give them the opportunity to take advantage of an auto lease agreement.
What happens when you sign a lease agreement? Well, lease agreements are quite similar to your typical auto loan, however, the terms are limited, and there are some clear differences at play as well. For instance, when you lease a car, you’ll be limited in terms of how many miles you put on the car. This can either be a pro or a con depending on what you’re looking for in a car. You’ll also have to pay the dealership at the end of the lease for depreciation fees. While you don’t have to pay any fees at the end of an auto loan, lease agreements tend to be much cheaper by comparison.
Lease agreements also allow you to get behind the wheel of a new vehicle every year or two. This is quite different from an auto loan, wherein you’re often stuck with the car until the auto loan is paid off, or the vehicle breaks down on you. As a result, leases are a fantastic option for any driver who has that auto itch and wants to continue driving new cars. While auto loans and lease agreements are quite different in many ways, the experience of ownership is remarkably similar.
If you’re interested in signing an auto lease here at Kearny Mesa Hyundai, our Hyundai financial experts can walk you through the process. With years of experience under our belt, we know all the ins and outs of lease agreements and can help you make the most out of your leasing experience.